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 a population of 2,994, 979 total housing units (homes and apartments), and a median house value of $1,273,417, Holualoa house prices are not only among the most expensive in Hawaii, Holualoa 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 Holualoa, accounting for 92.11% of the town's housing units. Other types of housing that are prevalent in Holualoa include row houses and other attached homes ( 5.94%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Holualoa. Owner-occupied housing accounts for 80.52% of Holualoa's homes, and 71.30% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Holualoa 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 Holualoa built between 2000 and later ( 42.44%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.32%). There's also some housing in Holualoa built before 1939 ( 6.42%).
Vacant housing appears to be an issue in Holualoa. Fully 20.41% of the housing stock is classified as vacant. Left unchecked, vacant Holualoa homes and apartments can be a drag on the real estate market, holding Holualoa 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.
Appreciation rates for homes in Holualoa have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 92.61%, which ranks in the top 50% nationwide. This equates to an annual average Holualoa house appreciation rate of 6.77%.
Appreciation rates are so strong in Holualoa that despite a nationwide downturn in the housing market, Holualoa real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Holualoa appreciation rates continue to be some of the highest in America, at 5.45%, which is higher than appreciation rates in 71.05% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Holualoa. Holualoa appreciation rates in the latest quarter were at 0.89%, which equates to an annual appreciation rate of 3.60%.
Relative to Hawaii, our data show that Holualoa's latest annual appreciation rate is higher than 80% of the other cities and towns in Hawaii.
$1,273,417
for Hawaii
for nation
979
$2,750 / per month