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Is Lanai City, HI 96763 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Lanai City is a buyer’s market. With about 11.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply11.7Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98.5%Sold price ÷ list price
Median days on market52Listing to accepted offer
Median price per sq ft$517▼ −58.0% vs. last year

The Lanai City housing market right now

In the three months ending August 31, 2026, 0% of homes in Lanai City, HI 96763 sold above their list price, the typical home went under contract in 52 days and there were 11.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 100%, homes sold faster (547 days then) and the median sale price fell 81% to $694,699. Overall, Lanai City is more competitive than a year ago, so tougher for buyers.

Within Maui County, homes here sell faster than in 92% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Kahului 96732 (27% sold over asking) and Makawao 96768 (23% sold over asking) are even more competitive.

Run the numbers for 96763

Prefilled for 96763Can I win this house?Multiple-offer likelihood for a listing Prefilled for 96763Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Haiku 96708Buyer’s market $844 /sq ftHana 96713Buyer’s market $878 /sq ftKahului 96732Buyer’s market $640 /sq ftKaunakakai 96748Buyer’s market $399 /sq ft Browse all markets →

Towns like Lanai City nearby

Find towns like Lanai City in other states →
Kaunakakai, HI96748 · 18 miles away74% similarcheaper homes ($252K less) · larger Kahului, HI96732 · 29 miles away63% similarpricier homes ($226K more) · larger Wailuku, HI96793 · 27 miles away59% similarpricier homes ($194K more) · larger Makawao, HI96768 · 38 miles away53% similarpricier homes ($308K more) · larger

Where Lanai City is

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Questions about Lanai City real estate

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

A buyer’s market: there were 11.7 months of supply in Lanai City, HI 96763 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Lanai City?

The typical home went under contract in 52 days in the latest three months.

Do homes in Lanai City sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.

What are property taxes in Lanai City?

About 0.16% of a home’s value a year in Maui County, or roughly $640 on a $400,000 home.

What is the median home price in Lanai City?

The median sale price was $694,699 in the three months ending August 31, 2026, about $517 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology