Below, we’ll explore what you need to know about Maui this year, including its lifestyle and real estate market dynamics.
The Maui Lifestyle
Maui’s unparalleled lifestyle attracts many. The island boasts world-famous scenery, from mountains and volcanoes to white-sand beaches with turquoise waters. Its year-round tropical weather makes it a haven for surfing, deep-sea fishing, snorkeling, scuba diving, and boating. Also, Maui features some of the best hiking trails in the U.S., with lush forests and volcanic craters.
Maui also offers world-class cuisine and numerous can’t-miss events throughout the year, such as the Kapalua Wine and Food Festival in June.
Maui’s Real Estate Market
Maui is one of the country’s most desirable spots for homebuyers, making it a competitive market with relatively high prices. According to Rocket Homes, the median sold price for a home in Maui County was $998,200 in March 2024, marking a substantial 6.8% increase year-over-year from March 2023. While homes in the rural inland areas may be more affordable, those in coastal areas come with a considerable price tag. According to Redfin, the median sale price in Kihei was about $1.1 million in March 2024. Despite the costs, Maui’s abundance of natural beauty and its uniquely compelling culture continue to motivate buyers to invest in the island’s real estate market.
