Lanai City, HI Housing Market & Real Estate

Buyer's market+82.3% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Lanai City, HI is $650,000, up 82.3% year-over-year. Homes sell in an average of 125 days with 10 active listings. The market is currently a buyer's market.

$650,000median sale price

Is Lanai City a buyer's or seller's market?

Buyer's market10.0 months of supply125 avg. days on market

Lanai City, HI is currently a buyer's market, based on 10.0 months of supply and homes selling in about 125 days. How we determine this →

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

Lanai City, HI market data

Current housing market statistics for Lanai City, HI
MetricValue
Median sale price$650,000
Year-over-year price change+82.3%
Average days on market125 days
Active inventory10 listings
Months of supply10.0 months
Sale-to-list price ratio93.1%
Market conditionBuyer's market

Source: Redfin · Updated weekly

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

Homes for sale in Lanai City

There are currently 10 homes listed for sale in Lanai City, Hawaii.

Active listings

10

Homes on market

Avg. days on market

125

Days until sale

Sale-to-list:93.1%

Top public schools in Lanai City

1 schools tracked · 567 students

The largest public schools serving Lanai City, HI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Lanai High & Elementary School

Grades PK-12 · 567 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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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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