Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 8,595 people, 3,337 houses or apartments, and a median cost of homes of $1,239,818, Haiku house prices are not only among the most expensive in Hawaii, Haiku real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Haiku, accounting for 86.92% of the town's housing units. Other types of housing that are prevalent in Haiku include row houses and other attached homes ( 5.63%), duplexes, homes converted to apartments or other small apartment buildings ( 5.38%), and a few large apartment complexes or high rise apartments ( 2.07%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Haiku. Owner-occupied housing accounts for 66.59% of Haiku's homes, and 53.62% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Haiku 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 Haiku built between 2000 and later ( 32.01%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.03%). There's also some housing in Haiku built before 1939 ( 4.47%).
Vacant housing appears to be an issue in Haiku. Fully 10.18% of the housing stock is classified as vacant. Left unchecked, vacant Haiku homes and apartments can be a drag on the real estate market, holding Haiku 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.
Real estate appreciation rates in Haiku's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.49% during the period.
Over the last year, Haiku appreciation rates have trailed the rest of the nation. In the last twelve months, Haiku's appreciation rate has been 2.10%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Haiku were at 0.66%, which equates to an annual appreciation rate of 2.65%.
Relative to Hawaii, our data show that Haiku's latest annual appreciation rate is higher than 50% of the other cities and towns in Hawaii.
$1,239,818
for Hawaii
for nation
3,337
$4,821 / per month