Housing in Honomu, HI is significantly higher than the US median housing value. The current median value for a home in Honomu is $613,900 while the US median is only $338,100. This difference in median value is even more pronounced when considering appreciation rates. In the past year, homes in Honomu have appreciated 18.27%, nearly double that of the US which has seen an appreciation rate of 8.27%. These numbers demonstrate just how much higher the housing values are in Honomu compared to the rest of the country.
The median home cost in Honomu is $613,900. Home appreciation the last 10 years has been 103.6%. Home Appreciation in Honomu is up 22.0%.
Average Age of Homes
- The median age of Honomu real estate is 50 years old
The Rental Market in Honomu
- Renters make up 25.0% of the Honomu population
- 1.0% of houses and apartments in Honomu, 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.