Lanai City, HI
Housing market overview · Updated weekly
$650,000median sale price
Homes sold
1
Last 12 weeks
Days on market
125
Average pace
Active listings
10
10.0 months supply
Sale-to-list
93.1%
Below asking
The Lanai City housing market is currently classified as a buyer's market with a median sale price of $650,000. Prices have risen 82.3% compared to last year, with homes spending an average of 125 days on market, indicating 10.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Lanai City?
The median home sale price in Lanai City is $650,000, up 82.3% from last year.
How long do homes stay on market in Lanai City?
Homes typically spend 125 days on market before going under contract.
Is Lanai City a buyer's or seller's market?
With 10.0 months of supply, Lanai City is currently a buyer's market.
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