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 16,122, 5,870 total housing units (homes and apartments), and a median house value of $690,305, real estate costs in Wailuku 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 Wailuku, accounting for 58.11% of the town's housing units. Other types of housing that are prevalent in Wailuku include large apartment complexes or high rise apartments ( 26.97%), duplexes, homes converted to apartments or other small apartment buildings ( 8.28%), and a few row houses and other attached homes ( 6.08%).
The most prevalent building size and type in Wailuku are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 55.91% owning and 44.09% renting.
There is a lot of housing in Wailuku 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 Wailuku built between 2000 and later ( 27.89%). A lesser amount of the housing stock also hails from between 1940-1969 ( 24.66%). There's also some housing in Wailuku built before 1939 ( 5.11%).
Real estate appreciation rates in Wailuku's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 1.14% during the period.
NeighborhoodScout's data show that during the latest twelve months, Wailuku's appreciation rate, at 6.47%, has been at or slightly above the national average. In the latest quarter, Wailuku's appreciation rate has been -0.78%, which annualizes to a rate of -3.10%.
Notably, Wailuku's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Hawaii, our data show that Wailuku's latest annual appreciation rate is higher 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 Wailuku differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Wailuku - 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 Wailuku real estate investment or home purchase decisions.
|$992,001 - $1,322,000||9.1|
|$661,001 - $992,000||28.1|
|$529,001 - $661,000||19.4|
|$396,001 - $529,000||18.7|
|$265,001 - $396,000||12.7|
|$132,001 - $265,000||7.8|
|$66,001 - $132,000||0.5|
|$0 - $66,000||1.3|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2018 Q2 - 2018 Q3
Last 12 Months:
2017 Q3 - 2018 Q3
Last 2 Years:
2016 Q3 - 2018 Q3
Last 5 Years:
2013 Q3 - 2018 Q3
Last 10 Years:
2008 Q3 - 2018 Q3
2000 Q1 - 2018 Q3
|* 10 is highest|
|AGE OF Wailuku HOMES|
|2000 or Newer||27.9|
|1970 - 1999||42.3|
|1940 - 1969||24.7|
|1939 or Older||5.1|
|TYPE OF Wailuku HOMES|
|Small Apt. Buildings||8.3|
|SIZE OF Wailuku HOMES|
|5 or more bedrooms||4.25|