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




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Highest Appreciating Haiku-Pauwela Neighborhoods Since 2000




Haiku-Pauwela, 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

Haiku-Pauwela Housing Market Information

With a population of 8,547, 2,831 total housing units (homes and apartments), and a median house value of $799,256, 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 86.43% 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 ( 7.23%), row houses and other attached homes ( 4.60%), and a few large apartment complexes or high rise apartments ( 1.73%).

People in Haiku-Pauwela primarily live in small (one, two or no bedroom) single-family detached homes. Haiku-Pauwela has a mixture of owner-occupied and renter-occupied housing.

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 ( 18.14%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.99%). There's also some housing in Haiku-Pauwela built before 1939 ( 3.97%).

Vacant housing appears to be an issue in Haiku-Pauwela. Fully 15.39% 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

Real estate appreciation rates in Haiku-Pauwela's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.67% during the period.

NeighborhoodScout's data show that during the latest twelve months, Haiku-Pauwela's appreciation rate, at 3.15%, has been at or slightly above the national average. In the latest quarter, Haiku-Pauwela's appreciation rate has been -0.82%, which annualizes to a rate of -3.23%.

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 60% of the other cities and towns in Hawaii.

Average Home Values

 

Median Home Value:
$799,256

Haiku-Pauwela, HI HOME PRICES

Value Range
> $1,184,000 16.4
$888,001 - $1,184,000 18.2
$592,001 - $888,000 34.4
$474,001 - $592,000 12.1
$355,001 - $474,000 7.8
$237,001 - $355,000 5.9
$119,001 - $237,000 1.1
$59,001 - $119,000 3.4
$0 - $59,000 0.8

Very High for HI
Very High for Nation

Value Relative to Nation Value Relative to State
1.9336692839564 15.3846153846154

Number Of Homes And Apartments:
2,831

Haiku-Pauwela 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
94.09% 3.92% 1 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,836 / per month

Homeownership Rate

Homeownership
Owners 61.46
Renters 38.54
Vacant 15.39

Housing Market Details

 

Age of Homes

AGE OF Haiku-Pauwela HOMES
2000 or Newer 18.1
1970 - 1999 70.9
1940 - 1969 7.0
1939 or Older 4.0

Types of Homes

TYPE OF Haiku-Pauwela HOMES
Single-Family 86.4
Townhomes 4.6
Small Apt. Buildings 7.2
Apt. Complexes 1.7
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Haiku-Pauwela HOMES
No Bedroom 8.19
1 Bedroom 11.69
2 Bedrooms 29.47
3 Bedrooms 32.58
4 Bedrooms 13.54
5 or more bedrooms 4.54

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