Housing in 96763 Lanai City, HI is significantly more expensive than the national median value, with a median value of $726,200. This is more than double the US House median value of $338,100. Furthermore, the prices have increased rapidly over the past year with an appreciation rate of 18.27%, much higher than the national 1 year house appreciation rate of 8.27%. These high housing prices demonstrate that 96763 Lanai City, HI is a desirable place to live and invest in real estate.
The median home cost in Lanai City (zip 96763) is $726,200. Home appreciation the last 10 years has been 103.6%. Home Appreciation in Lanai City (zip 96763) is up 22.0%.
Average Age of Homes
- The median age of Lanai City (zip 96763) real estate is 32 years old
The Rental Market in Lanai City (zip 96763)
- Renters make up 38.2% of the Lanai City (zip 96763) population
- 0.8% of houses and apartments in Lanai City (zip 96763), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.