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 924 people, 373 houses or apartments, and a median cost of homes of $250,298, house prices in Pahoa are solidly below the national average.
Single-family detached homes are the single most common housing type in Pahoa, accounting for 79.44% of the town's housing units. Other types of housing that are prevalent in Pahoa include duplexes, homes converted to apartments or other small apartment buildings ( 7.36%), row houses and other attached homes ( 7.11%), and a few large apartment complexes or high rise apartments ( 6.09%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Pahoa. Owner-occupied housing accounts for 76.11% of Pahoa's homes, and 73.10% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Pahoa 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 Pahoa built between 1940-1969 ( 35.79%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.97%). There's also some housing in Pahoa built before 1939 ( 7.11%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Pahoa, where house values have increased just 54.29%, which is annualized rate of 4.43%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Pahoa appreciation rates have trailed the rest of the nation. In the last twelve months, Pahoa's appreciation rate has been -1.13%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Pahoa were at -2.76%, which equates to an annual appreciation rate of -10.61%.
Notably, Pahoa's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Hawaii, our data show that Pahoa's latest annual appreciation rate is lower than 90% of the other cities and towns in Hawaii.
$250,298
for Hawaii
for nation
373
$757 / per month