A Historic Seaside Community
Once known as Lele, which means “relentless sun” in Hawaiian, Lahaina is a historic town that has been transformed into a Maui hot spot with dozens of art galleries and a variety of unique shops and restaurants.
Once the capital of the Hawaiian Kingdom in the early nineteenth century, Lahaina was also a historic whaling village during the whaling boom of the mid-1800’s. Up to 1,500 sailors from as many as 400 ships took leave in Lahaina including Herman Melville, who immortalized the era in his classic novel Moby Dick.
Today, Lahaina is on the National Register of Historic Places. You can still get a feel for old Lahaina as you stroll down lively Front Street and visit historic stops like the U.S. Seamen’s Hospital, Hale Paaho (Lahaina Prison), the Pioneer Inn and other sites on the Lahaina Historic Trail. Approximately 55 acres of old Lahaina have been set aside as historic districts.
Lahaina’s sunny climate and oceanfront setting also provides the perfect backdrop for a variety of activities and entertainment. Get a fresh taste of Hawaii Regional Cuisine in Lahaina’s fine restaurants. Get your tickets to some of Maui’s best seaside luau where you can eat, drink and watch the traditional dances of Polynesia. The award winning show Ulalena at the Maui Theatre offers a Broadway-caliber production showcasing the culture of Hawaii.
And during the winter months, don’t forget to set sail from Lahaina Harbor on an unforgettable whale watching tour. The channel off the coast of Lahaina is one of the best places in the world to spot humpback whales. Even these magnificent creatures can’t get enough of Lahaina.
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West Maui Neighborhoods
- Lahaina Town
Lahaina Home Values
The median home value in Lahaina is $649,300. Lahaina home values have gone up 7.5% over the past year.
Foreclosures will be a factor impacting home values in the next several years. In Lahaina 0.7 homes are foreclosed (per 10,000). This is lower than the Kahului Metro value of 1.9 and also lower than the national value of 3.2
Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Lahaina is 0.1%, which is higher than the national value of 0.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Lahaina homeowners underwater on their mortgage is 0.1%, which is higher than Kahului Metro at 0.1%.
Source – Zillow.com 2016
Zillow Home Value Index
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