Kapolei, HI Real Estate Market

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 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Kapolei, HI Housing Market Trends

With 15,813 people, 5,847 houses or apartments, and a median cost of homes of $702,107, real estate costs in Kapolei 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 Kapolei, accounting for 60.15% of the town's housing units. Other types of housing that are prevalent in Kapolei include large apartment complexes or high rise apartments ( 27.52%), row houses and other attached homes ( 8.12%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.22%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Kapolei. Owner-occupied housing accounts for 70.04% of Kapolei's homes, and 70.60% have either three or four bedrooms, which is average sized relative to America.

Kapolei homes and real estate are some of the newest in America. 58.43% of Kapolei's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Kapolei real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 40.20%), and between 1940-1969 ( 1.32%).

Kapolei Home Appreciation Rates

Real estate appreciation rates in Kapolei's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 3.54% during the period.

Over the last year, Kapolei appreciation rates have trailed the rest of the nation. In the last twelve months, Kapolei'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 Kapolei were at 1.94%, which equates to an annual appreciation rate of 8.01%.

Notably, Kapolei's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Hawaii, our data show that Kapolei's latest annual appreciation rate is lower than 80% 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 Kapolei differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Kapolei - 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 Kapolei real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$702,107

Kapolei, HI HOME PRICES

> $1,137,000
1.2%
1.2%
$853,001 - $1,137,000
15.1%
15.1%
$569,001 - $853,000
47.5%
47.5%
$455,001 - $569,000
18.6%
18.6%
$341,001 - $455,000
13.4%
13.4%
$227,001 - $341,000
2.0%
2.0%
$114,001 - $227,000
0.0%
0.0%
$57,001 - $114,000
0.8%
0.8%
$0 - $57,000
1.4%
1.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Average for HI

Value Relative To Nation

Number Of Homes And Apartments:
5,847

Kapolei Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
HI*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
194.94% 5.16%
6
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,331 / per month

Homeownership Rate

Owners
70.0%
70.0%
Renters
30.0%
30.0%
Vacant
3.5%
3.5%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
58.4%
58.4%
1970 - 1999
40.2%
40.2%
1940 - 1969
1.3%
1.3%
1939 or Older
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
60.1%
60.1%
Townhomes
8.1%
8.1%
Small Apt. Buildings
4.2%
4.2%
Apt. Complexes
27.5%
27.5%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.6%
0.6%
1 Bedroom
4.3%
4.3%
2 Bedrooms
23.0%
23.0%
3 Bedrooms
44.6%
44.6%
4 Bedrooms
26.0%
26.0%
5 or more bedrooms
1.5%
1.5%
0.0% 100.0%
% OF HOMES