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



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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 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

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

Haiku-Pauwela Housing Market Information

With 8,547 people, 2,739 houses or apartments, and a median cost of homes of $977,197, 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 90.75% of the town's housing units. Other types of housing that are prevalent in Haiku-Pauwela include row houses and other attached homes ( 4.56%), duplexes, homes converted to apartments or other small apartment buildings ( 4.20%).

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 64.48% owning and 35.52% 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 ( 21.41%). A lesser amount of the housing stock also hails from between 1940-1969 ( 9.22%). There's also some housing in Haiku-Pauwela built before 1939 ( 5.05%).

Vacant housing appears to be an issue in Haiku-Pauwela. Fully 16.11% 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

Appreciation rates for homes in Haiku-Pauwela have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 21.20%, which ranks in the top 40% nationwide. This equates to an annual average Haiku-Pauwela house appreciation rate of 1.94%.

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 1.95%, 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 0.67%, which equates to an annual appreciation rate of 2.69%.

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:
$977,197

Haiku-Pauwela, HI HOME PRICES

Value Range
> $1,195,000 30.7
$896,001 - $1,195,000 24.3
$597,001 - $896,000 26.2
$478,001 - $597,000 2.7
$358,001 - $478,000 8.8
$239,001 - $358,000 1.0
$119,001 - $239,000 1.6
$60,001 - $119,000 2.9
$0 - $60,000 1.6

Very High for HI
Very High for Nation

Value Relative to Nation Value Relative to State
1.31970802919708 7.27272727272727

Number Of Homes And Apartments:
2,739

Haiku-Pauwela Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
HI*
Compared To
America*
Latest Quarter:
2018 Q4 - 2019 Q1
Last 12 Months:
2018 Q1 - 2019 Q1
Last 2 Years:
2017 Q1 - 2019 Q1
Last 5 Years:
2014 Q1 - 2019 Q1
Last 10 Years:
2009 Q1 - 2019 Q1
Since 2000:
2000 Q1 - 2019 Q1
117.65% 4.12%
1
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,563 / per month

Homeownership Rate

Homeownership
Owners 64.48
Renters 35.52
Vacant 16.11

Housing Market Details

 

Age of Homes

AGE OF Haiku-Pauwela HOMES
2000 or Newer 21.4
1970 - 1999 64.3
1940 - 1969 9.2
1939 or Older 5.1

Types of Homes

TYPE OF Haiku-Pauwela HOMES
Single-Family 90.8
Townhomes 4.6
Small Apt. Buildings 4.2
Apt. Complexes 0.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Haiku-Pauwela HOMES
No Bedroom 5.76
1 Bedroom 10.11
2 Bedrooms 24.17
3 Bedrooms 38.01
4 Bedrooms 16.02
5 or more bedrooms 5.94

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Zip Codes in Haiku-Pauwela, HI