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 2,252, 866 total housing units (homes and apartments), and a median house value of $935,463, Koloa house prices are not only among the most expensive in Hawaii, Koloa 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 Koloa, accounting for 54.05% of the town's housing units. Other types of housing that are prevalent in Koloa include large apartment complexes or high rise apartments ( 28.04%), duplexes, homes converted to apartments or other small apartment buildings ( 10.87%), and a few row houses and other attached homes ( 7.04%).
The most prevalent building size and type in Koloa are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 36.16% owning and 63.84% renting.
There is a lot of housing in Koloa 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 Koloa built between 1940-1969 ( 23.88%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.07%). There's also some housing in Koloa built before 1939 ( 6.72%).
In the last 10 years, Koloa has experienced some of the highest home appreciation rates of any community in the nation. Koloa real estate appreciated 78.30% over the last ten years, which is an average annual home appreciation rate of 5.95%, putting Koloa in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Koloa 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 Koloa that despite a nationwide downturn in the housing market, Koloa real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Koloa appreciation rates continue to be some of the highest in America, at 10.53%, which is higher than appreciation rates in 98.82% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Koloa. Koloa appreciation rates in the latest quarter were at 0.10%, which equates to an annual appreciation rate of 0.42%.
Notably, Koloa's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Hawaii, our data show that Koloa's latest annual appreciation rate is higher than 90% of the other cities and towns in Hawaii.
|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 Koloa HOMES|
|2000 or Newer||14.1|
|1970 - 1999||55.3|
|1940 - 1969||23.9|
|1939 or Older||6.7|
|TYPE OF Koloa HOMES|
|Small Apt. Buildings||10.9|
|SIZE OF Koloa HOMES|
|5 or more bedrooms||1.39|