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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Keaau, HI Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Keaau, HI Housing Market Trends

With 1,195 people, 431 houses or apartments, and a median cost of homes of $494,827, Keaau real estate values are some of the lowest in Hawaii, although compared to real estate around the nation, Keaau homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Keaau, accounting for 80.28% of the town's housing units. Other types of housing that are prevalent in Keaau include duplexes, homes converted to apartments or other small apartment buildings ( 8.28%), row houses and other attached homes ( 7.30%), and a few large apartment complexes or high rise apartments ( 4.14%).

The most prevalent building size and type in Keaau are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 65.00% owning and 35.00% renting.

There is a lot of housing in Keaau built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Keaau built between 1940-1969 ( 24.26%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.86%). There's also some housing in Keaau built before 1939 ( 7.30%).

Vacant housing appears to be an issue in Keaau. Fully 14.99% of the housing stock is classified as vacant. Left unchecked, vacant Keaau homes and apartments can be a drag on the real estate market, holding Keaau real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Keaau Home Appreciation Rates

Appreciation rates for homes in Keaau have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 109.07%, which ranks in the top 30% nationwide. This equates to an annual average Keaau house appreciation rate of 7.65%.

Over the last year, Keaau appreciation rates have trailed the rest of the nation. In the last twelve months, Keaau's appreciation rate has been 2.46%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Keaau were at -0.96%, which equates to an annual appreciation rate of -3.77%.

Notably, Keaau's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Hawaii, our data show that Keaau's latest annual appreciation rate is lower than 60% of the other cities and towns in Hawaii.

Average Home Values

Median Home Value

$494,827

Keaau, HI Home Prices
> $1,345,000
$1,009,001 - $1,345,000
$673,001 - $1,009,000
$538,001 - $673,000
$404,001 - $538,000
$269,001 - $404,000
$135,001 - $269,000
$67,001 - $135,000
$0 - $67,000
0.0%
0.0%
1.4%
1.4%
29.3%
29.3%
11.5%
11.5%
20.9%
20.9%
15.6%
15.6%
6.5%
6.5%
4.8%
4.8%
9.9%
9.9%
0% 100.0%
% of Homes
Very Low

for Hawaii

Very High

for nation

Number of Homes And Apartments:

431

Keaau Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,392 / per month

Homeownership Rate

Owners
Renters
65.0%
65.0%
35.0%
35.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
15.0%
15.0%
85.0%
85.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
9.9%
9.9%
58.6%
58.6%
24.3%
24.3%
7.3%
7.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
80.3%
80.3%
7.3%
7.3%
8.3%
8.3%
4.1%
4.1%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.8%
2.8%
10.3%
10.3%
5.3%
5.3%
61.7%
61.7%
9.9%
9.9%
10.1%
10.1%
0% 100.0%
% of Homes

Popular Communities Near Keaau, HI

Zip Codes in Keaau, HI