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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.



Aiea, 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

Aiea, HI Housing Market Trends

With 10,408 people, 2,965 houses or apartments, and a median cost of homes of $1,114,459, real estate costs in Aiea 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 Aiea, accounting for 88.29% of the town's housing units. Other types of housing that are prevalent in Aiea include row houses and other attached homes ( 8.76%), large apartment complexes or high rise apartments ( 2.16%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Aiea. Owner-occupied housing accounts for 74.54% of Aiea's homes, and 71.75% 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. Aiea's housing was primarily built during this period, from the '40s through the '60s. A full 58.10% of the town's housing hails from this era. Other housing ages represented in Aiea include homes built between 1970-1999 ( 27.97%) and housing constructed between 2000 and later ( 10.25%). There's also some housing in Aiea built before 1939 ( 3.68%).

Aiea Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Aiea, where house values have increased just 44.66%, which is annualized rate of 3.76%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

Over the last year, Aiea appreciation rates have trailed the rest of the nation. In the last twelve months, Aiea'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 Aiea were at 0.83%, which equates to an annual appreciation rate of 3.36%.

Relative to Hawaii, our data show that Aiea's latest annual appreciation rate is lower 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 Aiea differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Aiea - 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 Aiea real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$1,114,459

Aiea, HI Home Prices
> $1,096,000
$822,001 - $1,096,000
$548,001 - $822,000
$438,001 - $548,000
$329,001 - $438,000
$219,001 - $329,000
$110,001 - $219,000
$55,001 - $110,000
$0 - $55,000
39.6%
39.6%
40.6%
40.6%
10.6%
10.6%
1.9%
1.9%
3.5%
3.5%
2.4%
2.4%
0.0%
0.0%
0.9%
0.9%
0.6%
0.6%
0% 100.0%
% of Homes
High

for Hawaii

Very High

for nation

Number of Homes And Apartments:

2,965

Aiea Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,963 / per month

Homeownership Rate

Owners
Renters
74.5%
74.5%
25.5%
25.5%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
5.9%
5.9%
94.1%
94.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
10.3%
10.3%
28.0%
28.0%
58.1%
58.1%
3.7%
3.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
88.3%
88.3%
8.8%
8.8%
0.7%
0.7%
2.2%
2.2%
0.1%
0.1%
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
1.2%
1.2%
4.2%
4.2%
9.9%
9.9%
42.2%
42.2%
29.6%
29.6%
13.0%
13.0%
0% 100.0%
% of Homes