East Honolulu, HI is a desirable area for homeowners due to its high median house value of $1,161,200. This is more than three times the national median of $338,100, making East Honolulu one of the most expensive housing markets in the country. Although the rate of appreciation in East Honolulu has been slower than the national average of 8.27%, there has still been an increase in value by 2.39% over the past year. The combination of these factors make East Honolulu an attractive option for buyers looking to invest in real estate.
The median home cost in East Honolulu is $1,161,200. Home appreciation the last 10 years has been 71.7%. Home Appreciation in East Honolulu is up 19.0%.
Average Age of Homes
- The median age of East Honolulu real estate is 43 years old
The Rental Market in East Honolulu
- Renters make up 16.0% of the East Honolulu population
- 1.4% of houses and apartments in East Honolulu, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.