Lahaina (Kapalui), HI

Population: 12,323
Average annual home appreciation rate: -3.89%
Total of homes for sale in this market: 187
Median home price: $724,990
Median Rent: $1,353 per room
Home price range: 29.92% of homes are between $631,001 – $947,000
Median sales price: Still gathering data
Number of homes: 131
Median foreclosure sales price: Still gathering data
Foreclosure discount: Still gathering data
Most common home type: 43.93% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 20.49%
Number of renters: 51.97%
Number of owner occupied: 48.03%
Number people living below poverty level: 9.81%
Unemployment rate: 3.60%
Is this area perfect for real estate deals going on right now? When one looks at the success of real estate investors overall, you will find that many of them have found their success when investing in properties in areas such as Lahaina when the economy is down, and then benefiting from the recovery when it begins to move up, and the appreciation rates climb with the economic bounce back.

Kapaa (Lihue), HI

Population: 10,699
Average annual home appreciation rate: 5.89%
Total of homes for sale in this market: 81
Median home price: $527,459
Median Rent: $1,545 per room
Home price range: 25.36% of homes are between $353,001 – $471,000
Median sales price: NO DATA
Number of homes: 54
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 72.46% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 19.44%
Number of renters: 37.02%
Number of owner occupied: 62.98%
Number people living below poverty level: 13.01%
Unemployment rate: 4.80%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Kapaa area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

Lihue, HI

Population: 6,781
Average annual home appreciation rate: 17.30%
Total of homes for sale in this market: 36
Median home price: $577,410
Median Rent: $1,428 per room
Home price range: 32.88% of homes are between $498,001 – $622,000
Median sales price: Still gathering data
Number of homes: 37
Median foreclosure sales price: Still gathering data
Foreclosure discount: Still gathering data
Most common home type: 69.15% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 11.91%
Number of renters: 40.81%
Number of owner occupied: 59.19%
Number people living below poverty level: 13.50%
Unemployment rate: 4.00%
Is this area perfect for real estate deals going on right now? Importantly, data shows this makes Lihue one of the highest appreciating communities in the nation for the latest quarter, and may signal the town’s near-future real estate investment strength. Vacant properties could lead to some opportunities for the savvy cash investor.