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 about Scout's Real Estate Data
With 10,449 people, 3,681 houses or apartments, and a median cost of homes of $868,437, real estate costs in Kamuela 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 Kamuela, accounting for 85.61% of the town's housing units. Other types of housing that are prevalent in Kamuela include duplexes, homes converted to apartments or other small apartment buildings ( 8.90%), row houses and other attached homes ( 2.21%), and a few large apartment complexes or high rise apartments ( 2.21%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Kamuela. Owner-occupied housing accounts for 69.39% of Kamuela's homes, and 70.79% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Kamuela 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 Kamuela built between 2000 and later ( 30.98%). A lesser amount of the housing stock also hails from between 1940-1969 ( 4.92%).
Appreciation rates for homes in Kamuela have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 108.92%, which ranks in the top 30% nationwide. This equates to an annual average Kamuela house appreciation rate of 7.65%.
Over the last year, Kamuela appreciation rates have trailed the rest of the nation. In the last twelve months, Kamuela's appreciation rate has been 2.46%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Kamuela were at -0.96%, which equates to an annual appreciation rate of -3.77%.
Notably, Kamuela's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Hawaii, our data show that Kamuela's latest annual appreciation rate is higher than 70% of the other cities and towns in Hawaii.
$868,437
for Hawaii
for nation
3,681
$4,217 / per month