Median real estate price in the Town Center of Kailua Kona is $513,018, which is less expensive than 70.7% of Hawaii neighborhoods and 10.6% of all U.S. neighborhoods.
The average rental price in Kailua Kona Town Center is currently $1,596, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 78.2% of Hawaii neighborhoods.
Kailua Kona Town Center is a suburban neighborhood (based on population density) located in Kailua Kona, Hawaii. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Real estate in the Town Center of Kailua Kona, HI is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in Kailua Kona Town Center. The current real estate vacancy rate here is 30.8%. This is higher than the rate of vacancies in 94.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (17.1%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.