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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 45,295 people, 14,987 houses or apartments, and a median cost of homes of $933,812, real estate costs in Pearl City are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Hawaii communities.
Single-family detached homes are the single most common housing type in Pearl City, accounting for 62.65% of the town's housing units. Other types of housing that are prevalent in Pearl City include row houses and other attached homes ( 15.49%), large apartment complexes or high rise apartments ( 14.94%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.58%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Pearl City. Owner-occupied housing accounts for 69.70% of Pearl City's homes, and 70.41% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Pearl City 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 Pearl City built between 1940-1969 ( 35.31%). A lesser amount of the housing stock also hails from between 2000 and later ( 5.54%). There's also some housing in Pearl City built before 1939 ( 1.02%).
Pearl City's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Pearl City during the period has been just 4.18%, which is lower than 80% of US communities.
Over the last year, Pearl City appreciation rates have trailed the rest of the nation. In the last twelve months, Pearl City's appreciation rate has been -3.44%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Pearl City were at 0.83%, which equates to an annual appreciation rate of 3.36%.
Relative to Hawaii, our data show that Pearl City's latest annual appreciation rate is lower than 70% 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 Pearl City differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Pearl City - 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 2000, to assist you in making the best Pearl City real estate investment or home purchase decisions.
$933,812
for Hawaii
for nation
14,987
$3,703 / per month