Ewa Beach, HI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Ewa Beach Neighborhoods Since 2000




Ewa Beach, HI Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Ewa Beach Housing Market Information

With 15,573 people, 3,003 houses or apartments, and a median cost of homes of $615,843, real estate costs in Ewa Beach 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 Ewa Beach, accounting for 73.93% of the town's housing units. Other types of housing that are prevalent in Ewa Beach include large apartment complexes or high rise apartments ( 12.05%), row houses and other attached homes ( 7.45%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.36%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Ewa Beach. Owner-occupied housing accounts for 66.47% of Ewa Beach's homes, and 68.09% 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. Ewa Beach's housing was primarily built during this period, from the '40s through the '60s. A full 52.41% of the town's housing hails from this era. Other housing ages represented in Ewa Beach include homes built between 1970-1999 ( 42.33%) and housing constructed between 2000 and later ( 2.69%). There's also some housing in Ewa Beach built before 1939 ( 2.57%).

Ewa Beach Home Appreciation Rates

In the last 10 years, Ewa Beach has experienced some of the highest home appreciation rates of any community in the nation. Ewa Beach real estate appreciated 14.96% over the last ten years, which is an average annual home appreciation rate of 1.40%, putting Ewa Beach in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Ewa Beach definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Ewa Beach appreciation rates have trailed the rest of the nation. In the last twelve months, Ewa Beach's appreciation rate has been 2.58%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ewa Beach were at 0.32%, which equates to an annual appreciation rate of 1.29%.

Relative to Hawaii, our data show that Ewa Beach'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 Ewa Beach differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Ewa Beach - 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 Ewa Beach real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$615,843

Ewa Beach, HI HOME PRICES

Value Range
> $1,270,000 3.4
$952,001 - $1,270,000 4.2
$636,001 - $952,000 23.1
$508,001 - $636,000 30.9
$381,001 - $508,000 19.2
$254,001 - $381,000 13.4
$127,001 - $254,000 4.0
$63,001 - $127,000 0.0
$0 - $63,000 1.7

Average for HI
Very High for Nation

Value Relative to Nation Value Relative to State
3.67983124340795 44.2307692307692

Number Of Homes And Apartments:
3,003

Ewa Beach Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
HI*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
166.42% 5.85% 8 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,067 / per month

Homeownership Rate

Homeownership
Owners 66.47
Renters 33.53
Vacant 9.08

Housing Market Details

 

Age of Homes

AGE OF Ewa Beach HOMES
2000 or Newer 2.7
1970 - 1999 42.3
1940 - 1969 52.4
1939 or Older 2.6

Types of Homes

TYPE OF Ewa Beach HOMES
Single-Family 73.9
Townhomes 7.4
Small Apt. Buildings 6.4
Apt. Complexes 12.0
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Ewa Beach HOMES
No Bedroom 0.54
1 Bedroom 1.91
2 Bedrooms 15.29
3 Bedrooms 49.17
4 Bedrooms 18.92
5 or more bedrooms 14.17