Lahaina, HI is a beautiful and desirable place to live, which is reflected in its high median housing value of $1,080,000. This value is nearly three times the US housing median value of $338,100, which further demonstrates the desirability of this area. Moreover, the 1 year house appreciation rate in Lahaina is 18.27%, more than double the US rate of 8.27%. This makes investing in real estate in Lahaina an excellent choice for those looking for significant returns on their investments.
The median home cost in Lahaina is $1,080,000. Home appreciation the last 10 years has been 103.6%. Home Appreciation in Lahaina is up 22.0%.
Average Age of Homes
- The median age of Lahaina real estate is 35 years old
The Rental Market in Lahaina
- Renters make up 41.5% of the Lahaina population
- 3.5% of houses and apartments in Lahaina, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.