Kihei, HI—96753
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kihei, HI
As of Oct '25, the median home price in Kihei, HI is $1,038,000, with a year-over-year change of -9.4%. This indicates that home prices in Kihei, HI are decreasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,038,000 | -9.4% |
| Single Family | $1,264,000 | -9.7% |
| Condos | $859,000 | -11.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $705,000 | -12.2% |
2 Bed | $918,000 | -11.0% |
3 Bed | $1,428,000 | -9.4% |
4 Bed | $1,818,000 | -8.4% |
| 5 Bed | $1,662,000 | -7.9% |
% of Housing Stock
Rental Trends — Kihei, HI
As of July '25, Rentcast reports the average rent in Kihei, HI is $3,920, with a year-over-year rent change of -5.1%. Per bedroom, the median rent as of July '25 in Kihei, HI is studios: $1,940, 1-bedrooms: $2,510, 2-bedrooms: $3,470, 3-bedrooms: $5,450, 4-bedrooms: $6,280. The most common rental property sizes in Kihei, HI are 2-bedroom and 1-bedroom, accounting for 40.4% and 25.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,100 | $3,920 |
| Studio Rent | $1,950 | $1,940 |
| 1 Bed Rent | $2,500 | $2,510 |
| 2 Bed Rent | $2,900 | $3,470 |
| 3 Bed Rent | $4,300 | $5,450 |
| 4 Bed Rent | $6,500 | $6,280 |
% of Rental Stock
Property Listings — Kihei, HI
As of Oct '25, Realtor.com reports that the median days on market for a home in Kihei, HI is 114. This is a increase of 12.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,040,000 | -6.0% |
Listing Count | 520 | 21.0% |
| Listings as % of Homes | 1.3% | 21.0% |
Days on Market | 114 | 12.0% |
Demographics — Kihei, HI
As of the latest ACS Survey released in 2023, Kihei, HI has a population of 29,200, which has increased by 5.8% over the past 5 years. Kihei, HI is a moderately popular place for families, as children make up 18.1% of the population. The area has a moderately educated workforce, with 35.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,200 | 5.8% |
% Under 18 | 18.1% | -5.7% |
% Seniors | 21.1% | 21.3% |
% WFH | 15.0% | 92.3% |
% w/ College Degree | 35.3% | 7.6% |
As of the latest ACS Survey released in 2023, Kihei, HI is a predominantly white area, with 48.0% of the population identifying as white. The white population has shrunk by 0.6% in the last 5 years. The second most common race or ethnicity in Kihei, HI is asian, making up 18.5% of the population. Foreign-born residents account for 16.8% of the population in Kihei, HI, and this percentage has decreased by 8.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 48.0% | -0.6% |
% Black | 1.2% | 71.4% |
% Hispanic | 12.2% | 0.0% |
% Asian | 18.5% | -8.4% |
% Foreign Born | 16.8% | -8.7% |
Mortgage and Risk — Kihei, HI
According to HUD data as of 2023, there were 493 mortgage originations in Kihei, HI, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Kihei, HI. Investor activity is high, as 17.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 493 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 17.0% |
% Second Loans | 16.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Kihei, HI
As of 2024, the percent of homes in Kihei, HI under the Section 8 program is 5.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Kihei, HI, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 285 |
Total Units Section 8 | 239 |
% Rentals under Section 8 | 5.3% |
% Occupied Section 8 | 99.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$480 | $2,500 | $2,020 |
| 2 Bedroom | -$250 | $2,900 | $2,650 |
| 3 Bedroom | -$740 | $4,300 | $3,560 |
| 4 Bedroom | -$2,390 | $6,500 | $4,110 |
Affordability — Kihei, HI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 12.6 |
| Median Home Price | $1,038,000 |
| Median Household Income | $87,900 |