Zip 96720 (Hilo, HI) Housing

Housing in 96720 Hilo, HI is more expensive than the US median with a median housing value of $457,100 compared to $338,100 nationally. In addition, house appreciation in 96720 Hilo has been much stronger than the national average over the past year at 18.27% versus 8.27%. This means that housing values have increased significantly more quickly in this area, providing an attractive investment opportunity for purchasers and homeowners alike.

The median home cost in Hilo (zip 96720) is $457,100. Home appreciation the last 10 years has been 103.6%. Home Appreciation in Hilo (zip 96720) is up 22.0%.

Average Age of Homes

- The median age of Hilo (zip 96720) real estate is 39 years old

The Rental Market in Hilo (zip 96720)

- Renters make up 30.3% of the Hilo (zip 96720) population
- 1.3% of houses and apartments in Hilo (zip 96720), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Hilo, Hawaii	United States
	19,397.0	139,647,020.0
	44	42
	$457,100	$338,100
	22.0%	16.6%
	50.9%	57.0%
	103.6%	101.1%
	$2.77	$10.98
	$1,011	$2,690
	57.1%	57.4%
	12.2%	11.2%
	30.7%	31.4%
Vacant Housing
	1.3%	1.9%
	0.5%	0.4%
	0.9%	0.7%
	0.7%	0.4%
	2.5%	3.6%
	6.1%	4.1%
Value of Owner-Occupied Housing
	0.6%	2.6%
	0.2%	2.4%
	0.5%	2.8%
	0.4%	3.9%
	2.0%	4.5%
	3.2%	11.3%
	3.2%	13.0%
	20.8%	20.1%
	29.2%	13.6%
	14.8%	8.3%
	17.1%	9.7%
	5.0%	3.9%
	2.2%	2.2%
	0.2%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.6%	13.6%
	9.6%	13.6%
	14.5%	13.6%
	14.4%	13.2%
	25.3%	14.8%
	14.5%	13.6%
	9.0%	10.0%
	5.8%	4.7%
	5.2%	12.2%

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