Waialua, HI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Waialua, HI Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Waialua Housing Market Information

With 4,019 people, 1,118 houses or apartments, and a median cost of homes of $728,014, real estate costs in Waialua 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 Waialua, accounting for 75.35% of the town's housing units. Other types of housing that are prevalent in Waialua include row houses and other attached homes ( 18.76%), duplexes, homes converted to apartments or other small apartment buildings ( 4.91%).

The most prevalent building size and type in Waialua are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 61.37% owning and 38.63% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Waialua's housing was primarily built during this period, from the '40s through the '60s. A full 55.04% of the town's housing hails from this era. Other housing ages represented in Waialua include homes built between 1970-1999 ( 31.94%) and housing constructed before 1939 ( 9.34%). There's also some housing in Waialua built between 2000 and later ( 3.69%).

Waialua Home Appreciation Rates

In the last 10 years, Waialua has experienced some of the highest home appreciation rates of any community in the nation. Waialua real estate appreciated 19.89% over the last ten years, which is an average annual home appreciation rate of 1.83%, putting Waialua in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Waialua definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Waialua's appreciation rate, at 4.21%, has been at or slightly above the national average. In the latest quarter, Waialua's appreciation rate has been 0.32%, which annualizes to a rate of 1.29%.

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

Average Home Values

 

Median Home Value:
$728,014

Waialua, HI HOME PRICES

Value Range
> $1,234,000 10.3
$925,001 - $1,234,000 14.6
$617,001 - $925,000 42.0
$494,001 - $617,000 13.1
$370,001 - $494,000 5.8
$247,001 - $370,000 8.5
$123,001 - $247,000 4.3
$62,001 - $123,000 0.1
$0 - $62,000 1.3

High for HI
Very High for Nation

Value Relative to Nation Value Relative to State
2.443454822454 21.1538461538462

Number Of Homes And Apartments:
1,118

Waialua Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
HI*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
191.32% 6.39% 10 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,336 / per month

Homeownership Rate

Homeownership
Owners 61.37
Renters 38.63
Vacant 8.44

Housing Market Details

 

Age of Homes

AGE OF Waialua HOMES
2000 or Newer 3.7
1970 - 1999 31.9
1940 - 1969 55.0
1939 or Older 9.3

Types of Homes

TYPE OF Waialua HOMES
Single-Family 75.3
Townhomes 18.8
Small Apt. Buildings 4.9
Apt. Complexes 0.7
Mobile Homes 0.3
Other 0.0

Home Size

SIZE OF Waialua HOMES
No Bedroom 5.65
1 Bedroom 2.21
2 Bedrooms 23.18
3 Bedrooms 47.75
4 Bedrooms 13.02
5 or more bedrooms 8.19

Popular Neighborhoods in Waialua

Zip Codes in Waialua, HI