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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Kaneohe, HI Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Kaneohe, HI Housing Market Trends

With a population of 37,430, 11,285 total housing units (homes and apartments), and a median house value of $1,020,576, real estate costs in Kaneohe 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 Kaneohe, accounting for 67.74% of the town's housing units. Other types of housing that are prevalent in Kaneohe include large apartment complexes or high rise apartments ( 18.54%), row houses and other attached homes ( 7.74%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.70%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Kaneohe. Owner-occupied housing accounts for 72.22% of Kaneohe's homes, and 63.75% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Kaneohe 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 Kaneohe built between 1940-1969 ( 43.86%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.06%). There's also some housing in Kaneohe built before 1939 ( 1.61%).

Kaneohe Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Kaneohe, where house values have increased just 44.61%, which is annualized rate of 3.76%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

Over the last year, Kaneohe appreciation rates have trailed the rest of the nation. In the last twelve months, Kaneohe's appreciation rate has been -3.44%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Kaneohe were at 0.83%, which equates to an annual appreciation rate of 3.36%.

Relative to Hawaii, our data show that Kaneohe's latest annual appreciation rate is lower than 70% 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 Kaneohe differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Kaneohe - 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 Kaneohe real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$1,020,576

Kaneohe, HI Home Prices
> $1,103,000
$827,001 - $1,103,000
$551,001 - $827,000
$441,001 - $551,000
$331,001 - $441,000
$221,001 - $331,000
$110,001 - $221,000
$55,001 - $110,000
$0 - $55,000
39.9%
39.9%
36.4%
36.4%
14.7%
14.7%
3.8%
3.8%
1.4%
1.4%
0.6%
0.6%
1.3%
1.3%
1.1%
1.1%
0.7%
0.7%
0% 100.0%
% of Homes
High

for Hawaii

Very High

for nation

Number of Homes And Apartments:

11,285

Kaneohe Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,315 / per month

Homeownership Rate

Owners
Renters
72.2%
72.2%
27.8%
27.8%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.6%
3.6%
96.4%
96.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
10.1%
10.1%
44.5%
44.5%
43.9%
43.9%
1.6%
1.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
67.7%
67.7%
7.7%
7.7%
5.7%
5.7%
18.5%
18.5%
0.3%
0.3%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.5%
1.5%
5.7%
5.7%
19.7%
19.7%
40.7%
40.7%
23.1%
23.1%
9.3%
9.3%
0% 100.0%
% of Homes