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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 8,547, 2,739 total housing units (homes and apartments), and a median house value of $979,854, 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.
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 28.91%, which ranks in the top 30% nationwide. This equates to an annual average Haiku-Pauwela house appreciation rate of 2.57%.
NeighborhoodScout's data show that during the latest twelve months, Haiku-Pauwela's appreciation rate, at 2.69%, has been at or slightly above the national average. In the latest quarter, Haiku-Pauwela's appreciation rate has been -2.56%, which annualizes to a rate of -9.85%.
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 70% of the other cities and towns in Hawaii.
|$899,001 - $1,198,000||22.3|
|$599,001 - $899,000||30.2|
|$479,001 - $599,000||2.4|
|$359,001 - $479,000||8.4|
|$240,001 - $359,000||3.2|
|$120,001 - $240,000||1.4|
|$60,001 - $120,000||2.8|
|$0 - $60,000||1.4|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2019 Q1 - 2019 Q2
Last 12 Months:
2018 Q2 - 2019 Q2
Last 2 Years:
2017 Q2 - 2019 Q2
Last 5 Years:
2014 Q2 - 2019 Q2
Last 10 Years:
2009 Q2 - 2019 Q2
2000 Q1 - 2019 Q2
|* 10 is highest|
|AGE OF Haiku-Pauwela HOMES|
|2000 or Newer||21.4|
|1970 - 1999||64.3|
|1940 - 1969||9.2|
|1939 or Older||5.1|
|TYPE OF Haiku-Pauwela HOMES|
|Small Apt. Buildings||4.2|
|SIZE OF Haiku-Pauwela HOMES|
|5 or more bedrooms||5.94|