Kaneohe appreciation rates and housing market information

Kaneohe housing market information

With 34,976 people, 11,475 houses or apartments, and a median cost of homes of $751,800, Kaneohe house prices are not only among the most expensive in Hawaii, Kaneohe real estate also is some of the most expensive in all of America.

single-family detached homes are the single most common housing type in Kaneohe, accounting for 66.70% of the town's housing units. Other types of housing that are prevalent in Kaneohe include large apartment complexes or high rise apartments (21.21%), row houses and other attached homes (6.93%), and a few duplexes, homes converted to apartments, or other small apartment buildings (5.16%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Kaneohe. Owner-occupied housing accounts for 65.18% of Kaneohe's homes, and 59.44% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Kaneohe's housing was primarily built during this period, from the '40s through the '60s. A full 50.65% of the town's housing hails from this era. Other housing ages represented in Kaneohe include homes built between 1970-1994 (44.68%), and housing constructed from 1995 and later (2.54%). There's also some housing in Kaneohe built between 1939 and earlier (2.13%).

Kaneohe home appreciation rates

In the last 10 years, Kaneohe has experienced some of the highest home appreciation rates of any community in the nation. Kaneohe real estate appreciated 146.20% over the last ten years, which is an average annual home appreciation rate of 14.62%, putting Kaneohe in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Kaneohe definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Kaneohe home appreciation rates, at 1.75%, have been at or slightly above the national average. In the latest quarter, Kaneohe's appreciation rate has been -0.71%, which annualizes to a rate of -2.84%.

Relative to Hawaii, our data show that Kaneohe's latest annual appreciation rate is higher than 80% of the other cities and towns in Hawaii.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Kaneohe differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Kaneohe - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Kaneohe real estate investment or home purchase decisions.