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 about Scout's Real Estate Data
With a population of 2,994, 962 total housing units (homes and apartments), and a median house value of $1,079,611, real estate costs in Holualoa 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 Holualoa, accounting for 91.98% of the town's housing units. Other types of housing that are prevalent in Holualoa include row houses and other attached homes ( 4.22%), large apartment complexes or high rise apartments ( 2.87%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Holualoa. Owner-occupied housing accounts for 73.85% of Holualoa's homes, and 62.42% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Holualoa 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 Holualoa built between 2000 and later ( 35.47%). A lesser amount of the housing stock also hails from before 1939 ( 7.35%). There's also some housing in Holualoa built between 1940-1969 ( 6.42%).
Vacant housing appears to be an issue in Holualoa. Fully 18.75% of the housing stock is classified as vacant. Left unchecked, vacant Holualoa homes and apartments can be a drag on the real estate market, holding Holualoa 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.
Holualoa's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Holualoa during the period has been just 5.48%, which is lower than 70% of US communities.
Over the last year, Holualoa appreciation rates have trailed the rest of the nation. In the last twelve months, Holualoa's appreciation rate has been -6.20%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Holualoa were at 5.41%, which equates to an annual appreciation rate of 23.48%.
Importantly, this makes Holualoa 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 Holualoa's latest annual appreciation rate is lower than 80% of the other cities and towns in Hawaii.
$1,079,611
for Hawaii
for nation
962
$3,114 / per month