Kailua, HI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Kailua Neighborhoods Since 2000




Kailua, 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

Kailua Housing Market Information

With a population of 40,231, 12,792 total housing units (homes and apartments), and a median house value of $1,010,840, Kailua house prices are not only among the most expensive in Hawaii, Kailua 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 Kailua, accounting for 73.45% of the town's housing units. Other types of housing that are prevalent in Kailua include large apartment complexes or high rise apartments ( 13.32%), row houses and other attached homes ( 9.48%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.67%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Kailua. Owner-occupied housing accounts for 70.05% of Kailua's homes, and 67.20% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Kailua's housing was primarily built during this period, from the '40s through the '60s. A full 54.57% of the town's housing hails from this era. Other housing ages represented in Kailua include homes built between 1970-1999 ( 37.79%) and housing constructed between 2000 and later ( 4.75%). There's also some housing in Kailua built before 1939 ( 2.88%).

Kailua Home Appreciation Rates

In the last 10 years, Kailua has experienced some of the highest home appreciation rates of any community in the nation. Kailua real estate appreciated 28.54% over the last ten years, which is an average annual home appreciation rate of 2.54%, putting Kailua in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Kailua definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Kailua's appreciation rate, at 6.08%, has been at or slightly above the national average. In the latest quarter, Kailua's appreciation rate has been 2.24%, which annualizes to a rate of 9.28%.

Relative to Hawaii, our data show that Kailua's latest annual appreciation rate is higher than 60% of the other cities and towns in Hawaii.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Kailua differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Kailua - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Kailua real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$1,010,840

Kailua, HI HOME PRICES

Value Range
> $1,254,000 26.1
$940,001 - $1,254,000 33.4
$627,001 - $940,000 29.8
$502,001 - $627,000 4.5
$376,001 - $502,000 3.0
$251,001 - $376,000 1.1
$125,001 - $251,000 0.8
$63,001 - $125,000 0.9
$0 - $63,000 0.4

Very High for HI
Very High for Nation

Value Relative to Nation Value Relative to State
1.10662216757421 3.84615384615385

Number Of Homes And Apartments:
12,792

Kailua 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
167.31% 5.78% 8 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,568 / per month

Homeownership Rate

Homeownership
Owners 70.05
Renters 29.95
Vacant 4.67

Housing Market Details

 

Age of Homes

AGE OF Kailua HOMES
2000 or Newer 4.8
1970 - 1999 37.8
1940 - 1969 54.6
1939 or Older 2.9

Types of Homes

TYPE OF Kailua HOMES
Single-Family 73.4
Townhomes 9.5
Small Apt. Buildings 3.7
Apt. Complexes 13.3
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Kailua HOMES
No Bedroom 2.56
1 Bedroom 5.07
2 Bedrooms 14.82
3 Bedrooms 42.29
4 Bedrooms 24.91
5 or more bedrooms 10.35