Honalo, HI is a beautiful and vibrant community located on the big island of Hawaii. The housing market in Honalo is booming, with the median value of homes at $506,900. This is significantly higher than the national median house value of $338,100. In addition to this, Honalo has experienced an impressive 18.27% increase in home values over the last year - more than double the US average of 8.27%. This indicates that now is a great time to invest in real estate in Honalo, as it is currently experiencing rapid appreciation and strong growth.
The median home cost in Honalo is $506,900. Home appreciation the last 10 years has been 103.6%. Home Appreciation in Honalo is up 22.0%.
Average Age of Homes
- The median age of Honalo real estate is 40 years old
The Rental Market in Honalo
- Renters make up 45.4% of the Honalo population
- 0.0% of houses and apartments in Honalo, 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.