Kahului, HI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Kahului Neighborhoods Since 2000




Kahului, 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 Q2 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

Kahului Housing Market Information

With 27,729 people, 7,109 houses or apartments, and a median cost of homes of $688,097, real estate costs in Kahului 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 Kahului, accounting for 63.36% of the town's housing units. Other types of housing that are prevalent in Kahului include large apartment complexes or high rise apartments ( 16.95%), row houses and other attached homes ( 11.54%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.77%).

The most prevalent building size and type in Kahului are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 53.42% owning and 46.58% renting.

There is a lot of housing in Kahului 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 Kahului built between 1940-1969 ( 32.30%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.85%). There's also some housing in Kahului built before 1939 ( 3.42%).

Vacant housing appears to be an issue in Kahului. Fully 10.16% of the housing stock is classified as vacant. Left unchecked, vacant Kahului homes and apartments can be a drag on the real estate market, holding Kahului 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.

Kahului Home Appreciation Rates

Kahului's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Kahului during the period has been just -0.90%, which is lower than 70% of US communities.

Appreciation rates are so strong in Kahului that despite a nationwide downturn in the housing market, Kahului real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Kahului appreciation rates continue to be some of the highest in America, at 9.77%, which is higher than appreciation rates in 91.68% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Kahului. Kahului appreciation rates in the latest quarter were at 7.53%, which equates to an annual appreciation rate of 33.71%.

Importantly, NeighborhoodScout’s exclusive research found that Kahului's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.

Relative to Hawaii, our data show that Kahului's latest annual appreciation rate is higher than 80% of the other cities and towns in Hawaii.

Average Home Values

 

Median Home Value:
$688,097

Kahului, HI HOME PRICES

Value Range
> $1,354,000 4.9
$1,015,001 - $1,354,000 8.7
$676,001 - $1,015,000 33.9
$541,001 - $676,000 26.0
$406,001 - $541,000 14.9
$271,001 - $406,000 3.3
$135,001 - $271,000 2.6
$68,001 - $135,000 3.6
$0 - $68,000 2.0

High for HI
Very High for Nation

Value Relative to Nation Value Relative to State
2.92757187188945 34.6153846153846

Number Of Homes And Apartments:
7,109

Kahului Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
HI*
Compared To
America*
Latest Quarter:
2017 Q1 - 2017 Q2
Last 12 Months:
2016 Q2 - 2017 Q2
Last 2 Years:
2015 Q2 - 2017 Q2
Last 5 Years:
2012 Q2 - 2017 Q2
Last 10 Years:
2007 Q2 - 2017 Q2
Since 2000:
2000 Q1 - 2017 Q2
125.64% 4.76% 4 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,628 / per month

Homeownership Rate

Homeownership
Owners 53.42
Renters 46.58
Vacant 10.16

Housing Market Details

 

Age of Homes

AGE OF Kahului HOMES
2000 or Newer 16.8
1970 - 1999 47.4
1940 - 1969 32.3
1939 or Older 3.4

Types of Homes

TYPE OF Kahului HOMES
Single-Family 63.4
Townhomes 11.5
Small Apt. Buildings 7.8
Apt. Complexes 16.9
Mobile Homes 0.4
Other 0.0

Home Size

SIZE OF Kahului HOMES
No Bedroom 2.96
1 Bedroom 7.89
2 Bedrooms 27.32
3 Bedrooms 40.39
4 Bedrooms 12.35
5 or more bedrooms 9.10