Cities with the fastest growing home prices in Kahului metro area

Written by:
November 23, 2022
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Cities with the fastest growing home prices in Kahului metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Kahului-Wailuku-Lahaina, HI metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 13 cities and towns with data available were included in the list.

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1 / 13
Stacker

#13. Hoolehua, Hoolehua

- 1-year price change: +$66,150 (+18.7%)
- 5-year price change: +$244,667 (+139.8%)
- Typical home value: $419,674 (#12 most expensive city in metro)
2 / 13
Stacker

#12. Kaunakakai, Kaunakakai

- 1-year price change: +$84,129 (+23.6%)
- 5-year price change: +$160,495 (+57.2%)
- Typical home value: $440,972 (#11 most expensive city in metro)
3 / 13
Stacker

#11. Maunaloa, Maunaloa

- 1-year price change: +$97,089 (+32.6%)
- 5-year price change: +$159,722 (+67.8%)
- Typical home value: $395,136 (#13 most expensive city in metro)
4 / 13
Stacker

#10. Lanai City, Lanai City

- 1-year price change: +$166,994 (+26.5%)
- 5-year price change: +$319,326 (+66.8%)
- Typical home value: $797,140 (#10 most expensive city in metro)
5 / 13
Stacker

#9. Wailuku, Wailuku

- 1-year price change: +$233,621 (+31.9%)
- 5-year price change: +$407,244 (+72.9%)
- Typical home value: $966,230 (#9 most expensive city in metro)

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6 / 13
Stacker

#8. Kahului, Kahului

- 1-year price change: +$246,904 (+31.8%)
- 5-year price change: +$435,095 (+74.0%)
- Typical home value: $1,023,226 (#8 most expensive city in metro)
7 / 13
Stacker

#7. Lahaina, Lahaina

- 1-year price change: +$278,203 (+32.3%)
- 5-year price change: +$445,996 (+64.2%)
- Typical home value: $1,140,694 (#7 most expensive city in metro)
8 / 13
Stacker

#6. Paia, Paia

- 1-year price change: +$282,818 (+30.6%)
- 5-year price change: +$470,681 (+63.8%)
- Typical home value: $1,208,495 (#5 most expensive city in metro)
9 / 13
Stacker

#5. Kula, Kula

- 1-year price change: +$304,822 (+27.3%)
- 5-year price change: +$591,907 (+71.3%)
- Typical home value: $1,422,447 (#2 most expensive city in metro)
10 / 13
Stacker

#4. Hana, Hana

- 1-year price change: +$306,825 (+36.4%)
- 5-year price change: +$505,662 (+78.5%)
- Typical home value: $1,149,466 (#6 most expensive city in metro)

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Stacker

#3. Makawao, Makawao

- 1-year price change: +$307,847 (+33.9%)
- 5-year price change: +$519,081 (+74.6%)
- Typical home value: $1,215,273 (#3 most expensive city in metro)
12 / 13
Stacker

#2. Kihei, Kihei

- 1-year price change: +$339,272 (+38.8%)
- 5-year price change: +$554,524 (+84.0%)
- Typical home value: $1,214,695 (#4 most expensive city in metro)
13 / 13
Stacker

#1. Haiku, Haiku

- 1-year price change: +$347,349 (+31.5%)
- 5-year price change: +$627,964 (+76.3%)
- Typical home value: $1,450,652 (#1 most expensive city in metro)

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