LAHAINA HOUSING MARKET INFORMATION With 12,702 people, 3,379 houses or apartments, and a median cost of homes of $908,431, real estate costs in Lahaina are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Hawaii communities. Single-family detached homes are the single most common housing type in Lahaina, accounting for 46.98% of the town's housing units. Other types of housing that are prevalent in Lahaina include large apartment complexes or high rise apartments ( 21.92%), duplexes, homes converted to apartments or other small apartment buildings ( 18.72%), and a few row houses and other attached homes ( 12.05%). The most prevalent building size and type in Lahaina are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 52.95% owning and 47.05% renting. There is a lot of housing in Lahaina built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Lahaina built between 1940-1969 ( 27.68%). A lesser amount of the housing stock also hails from between 2000 and later ( 22.20%). There's also some housing in Lahaina built before 1939 ( 2.37%). Vacant housing appears to be an issue in Lahaina. Fully 14.65% of the housing stock is classified as vacant. Left unchecked, vacant Lahaina homes and apartments can be a drag on the real estate market, holding Lahaina real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor. LAHAINA HOME APPRECIATION RATES Real estate appreciation rates in Lahaina's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.52% during the period. Over the last year, Lahaina appreciation rates have trailed the rest of the nation. In the last twelve months, Lahaina's appreciation rate has been 5.58%, which is lower than appreciation rates in most communities in America. In the latest quarter, 蘑菇视频's data show that house appreciation rates in Lahaina were at 6.40%, which equates to an annual appreciation rate of 28.15%. Importantly, this makes Lahaina 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. Relative to Hawaii, our data show that Lahaina's latest annual appreciation rate is lower than 90% of the other cities and towns in Hawaii. One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Lahaina differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in Lahaina - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Lahaina real estate investment or home purchase decisions.