The housing market in Omao, HI is significantly more expensive than the national median value, with the median value in Omao being $903,000 compared to the US median value of $338,100. Additionally, the appreciation of housing in Omao has been much higher than that of the national average, with 1 year house appreciation in Omao reaching 18.27% compared to 8.27% for the US as a whole. This data suggests that Omao's housing market is steadily increasing in value and continues to be a popular investment option among buyers.
The median home cost in Omao is $903,000. Home appreciation the last 10 years has been 103.6%. Home Appreciation in Omao is up 22.0%.
Average Age of Homes
- The median age of Omao real estate is 35 years old
The Rental Market in Omao
- Renters make up 31.4% of the Omao population
- 0.0% of houses and apartments in Omao, 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.