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
With a population of 2,364, 696 total housing units (homes and apartments), and a median house value of $387,642, real estate costs in Keaau 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 Keaau, accounting for 91.10% of the town's housing units. Other types of housing that are prevalent in Keaau include large apartment complexes or high rise apartments ( 5.16%), duplexes, homes converted to apartments or other small apartment buildings ( 2.58%), and a few row houses and other attached homes ( 1.16%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Keaau. Owner-occupied housing accounts for 70.46% of Keaau's homes, and 68.00% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Keaau 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 Keaau built between 1940-1969 ( 28.90%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.10%). There's also some housing in Keaau built before 1939 ( 5.03%).
Vacant housing appears to be an issue in Keaau. Fully 10.19% of the housing stock is classified as vacant. Left unchecked, vacant Keaau homes and apartments can be a drag on the real estate market, holding Keaau 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.
In the last 10 years, Keaau has experienced some of the highest home appreciation rates of any community in the nation. Keaau real estate appreciated 67.35% over the last ten years, which is an average annual home appreciation rate of 5.28%, putting Keaau in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Keaau definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Keaau that despite a nationwide downturn in the housing market, Keaau real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Keaau appreciation rates continue to be some of the highest in America, at 5.98%, which is higher than appreciation rates in 80.52% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Keaau. Keaau appreciation rates in the latest quarter were at 0.10%, which equates to an annual appreciation rate of 0.42%.
Notably, Keaau's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Hawaii, our data show that Keaau's latest annual appreciation rate is higher than 70% of the other cities and towns in Hawaii.
|$945,001 - $1,260,000||1.4|
|$630,001 - $945,000||15.7|
|$504,001 - $630,000||16.6|
|$378,001 - $504,000||19.0|
|$252,001 - $378,000||22.0|
|$126,001 - $252,000||20.8|
|$63,001 - $126,000||3.4|
|$0 - $63,000||1.0|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2020 Q1 - 2020 Q2
Last 12 Months:
2019 Q2 - 2020 Q2
Last 2 Years:
2018 Q2 - 2020 Q2
Last 5 Years:
2015 Q2 - 2020 Q2
Last 10 Years:
2010 Q2 - 2020 Q2
2000 Q1 - 2020 Q2
|* 10 is highest|
|AGE OF Keaau HOMES|
|2000 or Newer||11.1|
|1970 - 1999||55.0|
|1940 - 1969||28.9|
|1939 or Older||5.0|
|TYPE OF Keaau HOMES|
|Small Apt. Buildings||2.6|
|SIZE OF Keaau HOMES|
|5 or more bedrooms||16.13|