Mountain View, HI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Mountain View Neighborhoods Since 2000




Mountain View, HI Real Estate Data


Mountain View Housing Market Information

With 4,121 people, 1,148 houses or apartments, and a median cost of homes of $301,186, Mountain View real estate values are some of the lowest in Hawaii, although compared to real estate around the nation, Mountain View homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Mountain View, accounting for 90.86% of the town's housing units. Other types of housing that are prevalent in Mountain View include duplexes, homes converted to apartments or other small apartment buildings ( 4.93%), large apartment complexes or high rise apartments ( 2.57%), and a few mobile homes or trailers ( 1.64%).

The most prevalent building size and type in Mountain View are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 64.69% owning and 35.31% renting.

There is a lot of housing in Mountain View 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 Mountain View built between 2000 and later ( 17.56%). A lesser amount of the housing stock also hails from before 1939 ( 9.21%). There's also some housing in Mountain View built between 1940-1969 ( 8.71%).

Vacant housing appears to be an issue in Mountain View. Fully 18.06% of the housing stock is classified as vacant. Left unchecked, vacant Mountain View homes and apartments can be a drag on the real estate market, holding Mountain View 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.

Mountain View Home Appreciation Rates

Real estate appreciation rates in Mountain View's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.13% during the period.

Appreciation rates are so strong in Mountain View that despite a nationwide downturn in the housing market, Mountain View real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Mountain View appreciation rates continue to be some of the highest in America, at 8.16%, which is higher than appreciation rates in 92.27% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Mountain View. Mountain View appreciation rates in the latest quarter were at 4.07%, which equates to an annual appreciation rate of 17.30%.

Importantly, this makes Mountain View one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Hawaii, our data show that Mountain View's latest annual appreciation rate is lower than 50% of the other cities and towns in Hawaii.

Average Home Values

 

Median Home Value:
$301,186

Mountain View, HI HOME PRICES

Value Range
> $1,362,000 5.4
$1,022,001 - $1,362,000 0.0
$681,001 - $1,022,000 3.9
$545,001 - $681,000 4.4
$409,001 - $545,000 11.9
$272,001 - $409,000 34.4
$136,001 - $272,000 30.8
$68,001 - $136,000 5.2
$0 - $68,000 4.1

Very Low for HI
Very High for Nation

Value Relative to Nation Value Relative to State
16.7828072846519 94.2307692307692

Number Of Homes And Apartments:
1,148

Rent & Ownership

 

Average Market Rent:
$1,126 / per month

Homeownership Rate

Homeownership
Owners 64.69
Renters 35.31
Vacant 18.06

Housing Market Details

 

Age of Homes

AGE OF Mountain View HOMES
2000 or Newer 17.6
1970 - 1999 64.5
1940 - 1969 8.7
1939 or Older 9.2

Types of Homes

TYPE OF Mountain View HOMES
Single-Family 90.9
Townhomes 0.0
Small Apt. Buildings 4.9
Apt. Complexes 2.6
Mobile Homes 1.6
Other 0.0

Home Size

SIZE OF Mountain View HOMES
No Bedroom 11.06
1 Bedroom 6.35
2 Bedrooms 19.63
3 Bedrooms 50.46
4 Bedrooms 8.99
5 or more bedrooms 3.50

Mountain View Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
HI*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
138.27% 5.24% 5 10
* 10 is highest

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