What to know before you move: cost, market timing, who it fits.
If you're considering a move to Kihei, HI, the most important variables are the local housing market, the cost structure (taxes, insurance, utilities), and how well the city fits your day-to-day life. This page summarizes the housing market read; pair it with the cost of living page for the full picture.
Kihei is a city in Maui County, Hawaii, with an estimated population of 21,423. It anchors the Kahului-Wailuku-Lahaina metro area. The median home value in Kihei is $998,938 as of 2026-04, down 9.6% over the last 12 months. Over the last five years, home values have averaged +4.6% annual growth, and the market currently sits about 13% below its 5-year peak. Rents in Kihei average $3,812 per month, up 7.2% year-over-year. The composite momentum score is 46 of 100 (Cooling). Buyers may find more room to negotiate; sellers should price realistically.
Prices have come off recent highs (-13.2% from peak). Buyers may have more room to negotiate; sellers should price realistically.
Reasons people move here
- Hot rental market: rents up 7.2% YoY — landlords have pricing power, supports new investment math.
- The data is the data: Kihei has at least 5 years of Zillow tracking, full Census identification, and is included in the 2-criteria momentum score on this page.
Things to know first
- Prices actively falling: down 9.6% in the last 12 months — buyer sentiment has flipped. Sellers competing on price.
- Expensive AND not growing: median home $998,938 with only -9.6% YoY. You're paying premium pricing for a flat trend.
- 13% off recent peak — buyers are getting through-the-cycle pricing, not the peak.
- Rental squeeze: rents up 7.2% YoY — tenants face tough renewals. Affordability deteriorating fast.
More about Kihei
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.