Haiku-Pauwela, HI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Haiku-Pauwela Neighborhoods Since 2000




Haiku-Pauwela, HI Real Estate Data


Haiku-Pauwela Housing Market Information

With 8,547 people, 2,857 houses or apartments, and a median cost of homes of $828,364, Haiku-Pauwela house prices are not only among the most expensive in Hawaii, Haiku-Pauwela 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 Haiku-Pauwela, accounting for 84.09% of the town's housing units. Other types of housing that are prevalent in Haiku-Pauwela include duplexes, homes converted to apartments or other small apartment buildings ( 9.50%), row houses and other attached homes ( 4.41%), and a few large apartment complexes or high rise apartments ( 2.00%).

The most prevalent building size and type in Haiku-Pauwela are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 60.25% owning and 39.75% renting.

There is a lot of housing in Haiku-Pauwela 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 Haiku-Pauwela built between 2000 and later ( 14.88%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.79%). There's also some housing in Haiku-Pauwela built before 1939 ( 6.03%).

Vacant housing appears to be an issue in Haiku-Pauwela. Fully 15.97% of the housing stock is classified as vacant. Left unchecked, vacant Haiku-Pauwela homes and apartments can be a drag on the real estate market, holding Haiku-Pauwela 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.

Haiku-Pauwela Home Appreciation Rates

Haiku-Pauwela's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Haiku-Pauwela during the period has been just -1.07%, which is lower than 70% of US communities.

Over the last year, Haiku-Pauwela appreciation rates have trailed the rest of the nation. In the last twelve months, Haiku-Pauwela's appreciation rate has been 3.39%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Haiku-Pauwela were at 0.63%, which equates to an annual appreciation rate of 2.55%.

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

Relative to Hawaii, our data show that Haiku-Pauwela's latest annual appreciation rate is lower than 90% of the other cities and towns in Hawaii.

Average Home Values

 

Median Home Value:
$828,364

Haiku-Pauwela, HI HOME PRICES

Value Range
> $1,206,000 17.9
$904,001 - $1,206,000 20.8
$603,001 - $904,000 29.9
$482,001 - $603,000 12.8
$361,001 - $482,000 7.9
$242,001 - $361,000 5.5
$121,001 - $242,000 0.0
$60,001 - $121,000 3.3
$0 - $60,000 1.9

Very High for HI
Very High for Nation

Value Relative to Nation Value Relative to State
1.85629794460385 11.5384615384615

Number Of Homes And Apartments:
2,857

Rent & Ownership

 

Average Market Rent:
$1,717 / per month

Homeownership Rate

Homeownership
Owners 60.25
Renters 39.75
Vacant 15.97

Housing Market Details

 

Age of Homes

AGE OF Haiku-Pauwela HOMES
2000 or Newer 14.9
1970 - 1999 72.3
1940 - 1969 6.8
1939 or Older 6.0

Types of Homes

TYPE OF Haiku-Pauwela HOMES
Single-Family 84.1
Townhomes 4.4
Small Apt. Buildings 9.5
Apt. Complexes 2.0
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Haiku-Pauwela HOMES
No Bedroom 5.29
1 Bedroom 11.62
2 Bedrooms 28.44
3 Bedrooms 34.97
4 Bedrooms 13.47
5 or more bedrooms 6.21

Haiku-Pauwela Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
HI*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
90.20% 3.85% 1 10
* 10 is highest

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Zip Codes in Haiku-Pauwela, HI