Lahaina Housing Market Report December 2024•Maui County, Hawaii

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Housing Prices in Lahaina, HI

How much do homes in Lahaina, HI cost?

Housing Market Conditions

Is Lahaina, HI a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Lahaina is a Buyer's Market

Difference Since December 2023

Since last year, Lahaina has remained a Buyer's Market.

Insight

Lahaina is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$1,089,062$978/SqFt
+$89,063
+8.9%

Based on all homes sold in the last 12 months

Insight

Homes in Lahaina have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in Lahaina was $1,089,062 in December 2024, up 8.9% from last year, and the median price per square foot was $978.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Kihei
+30.5%
Lahaina
+8.9%
Waihee-Waikapu
+0.6%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$775K$695K
-10.3%
2$1.1M$1.2M
+2.6%
3$1.5M$1.7M
+16.2%
4$3.8M$2.6M
-31.6%
5$4.9M$2.9M
-40.9%

Summary: Lahaina housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -10.3%. The home price for 2 bedroom homes increased by +2.6%. The home price for 3 bedroom homes increased by +16.2%. The home price for 4 bedroom homes decreased by -31.6%. The home price for 5 bedroom homes decreased by -40.9%.

Housing supply in Lahaina, HI

How many homes are available in Lahaina, HI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
445Last MonthDec 2024
4102 months agoNov 2024
+8.5 %
Change MoMNov – Dec

Summary: The Lahaina real estate market had 445 homes for sale in Dec 2024, a 8.5 % increase compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
23Last MonthDec 2024
212 months agoNov 2024
+9.5 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
1163174
+6.7%
2128139
+8.6%
36774
+10.4%
43437
+8.8%
51821
+16.7%

Summary: Lahaina housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +6.7%. The inventory for 2 bedroom homes increased by +8.6%. The inventory for 3 bedroom homes increased by +10.4%. The inventory for 4 bedroom homes increased by +8.8%. The inventory for 5 bedroom homes increased by +16.7%.

Asking Price vs. Sold Price

How much do homes in Lahaina, HI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price5 Homes

Under Asking Price16 Homes

Insight

If you're buying a home in Lahaina, you may be able to get a good deal. 69.6% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Lahaina in December 2024, up by 9.5% month-over-month. Of the 23 sold homes, 70% were sold under asking, 22% were sold at asking, and and 9% were sold over asking.

Days on Market for Lahaina, HI

We’re sorry, we don't have information for this market at the moment.

Home sale times aren’t available for this area.

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Newest Listings in Lahaina, HI

What homes are available in Lahaina, HI?

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MLS Disclaimers and Copyright

Based on information from Maui MLS, for the period 01/01/2023 - 01/01/2025

The data is deemed reliable but is not guaranteed accurate by the MLS. It has been provided by sources other than the Realtors Association of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumersmay be interested in purchasing.

Copyright, 1995-2025, REALTORS® Association of Maui, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.