However, Hilo contains both very wealthy and poor people as well. You can also filter listings based on price drops in the past six months, so you’ll never miss a bargain. The above shows an overview of the real estate market in Hilo, HI. C. Based on home values, property taxes, housing costs, local schools, and more. Instead, the most prevalent occupations for people in Hilo are a mix of both white- and blue-collar jobs. Right now, there are 197 homes listed for sale in Hilo, including 54 condos and 0 foreclosures. Hilo gets plenty of rain, most of it comes at fairly predictable times and won't mess up your plans to enjoy our tropical and lush side of the Island. We will soon provide other points, such as Overall, Hilo is a town of professionals, sales and office workers, and service providers. Studios. Get Your Credit Score FOR $0 61%. Market News Hawaii/Maui Real Estate Market Update The following analysis of select Maui real estate markets is provided by Windermere Real Estate Chief Economist Matthew Gardner. According to multiple listing service data, 30% more Big Island single-family homes were sold in March than February, despite the entire state being under lockdown restrictions for much of the month. See 10 Homes. Rent. Hilo real estate listings include condos, townhomes, and single family homes for sale. Real Estate Market Trends in Hilo, HI. There are especially a lot of people living in Hilo who work in office and administrative support (10.86%), sales jobs (10.76%), and teaching (9.60%). eXp Realty on Hawaii (Big Island) 75-5995 Kuakini Hwy Kailua Kona, HI 96740 808-960-3198 Should you require assistance in navigating our website or searching for real estate… By sending this Report you agree to NeighborhoodScout's, Real Estate in Popular Hilo Neighborhoods. Hilo is a medium-sized coastal town (i.e. With a population of 45,393, 16,302 total housing units (homes and apartments), and a median house value of $385,707, real estate costs in Hilo 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. Homes for Sale Hilo HI. 2 Bedroom Homes. The average price of homes sold in Hilo, HI is $ 370,000. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities. Listed Around: $165K. Housing Market Trends in Hilo, HI. Approximately 55.18% of Hilo homes are owned, compared to 30.88% rented, while 13.93% are vacant. parks and gyms. Kevin E. Lewis is a Hawaii Realtor licensed agent with Clark Realty - Hilo, on the Big Island of Hawaii. See 3 Homes. Hilo is a city in Hawaii and consists of 3 neighborhoods. In addition to houses in Hilo, there were also 43 condos, 1 townhouse, and 9 multi-family units for sale in Hilo last month. Approximately 55.18% of Hilo homes are owned, compared to 30.88% rented, while 13.93% are vacant. Housing costs in Hilo are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Hawaii. Browse through our real estate listings in Hilo, HI. Our agents live, work and serve in our local communities and have the experience to get the job done in today’s market. The Hawaii real estate market was affected by the West Coast real estate correction a few years ago. There are 205 homes for sale in Hilo, HI, 7 of which were newly listed within the last week. 39%. 8,376,755. See Hilo Lagoon Centre condos for sale in the Kaiko'o Project area. These properties include, Hilo condos and Hilo townhomes for sale, Hilo homes for sale, and Hilo beachfront and ocean view properties for sale. On average, they spend only 18.15 minutes getting to work every day. All the trademarks displayed on this page are the property of Location, Inc®. Coldwell Banker estimates the median home price in Hilo is $427,500. Commercial properties are also available. Commercial properties are also available. Dense Suburban. If you see a property you’re interested in, contact a Hilo real estate agent to arrange a tour today! Whether you are considering buying a home, selling a home or both, Howard knows the big island and the Hawaii Island real estate market inside and out. Some of the best neighborhoods in or around Hilo, Hawaii are Panaewa, Hilo Town and Keaukaha. Search for new homes, open houses, recently sold homes and reduced price real estate in South Hilo. The area of North Hilo runs from Hamakua to Hilo Town. Blending with the harmony and nature of the land, North Hilo homes exude country charm. Residents of the town have the good fortune of having one of the shortest daily commutes compared to the rest of the country. Zillow has 131 homes for sale in Hilo HI. This equates to an annual income of $112,048 for a family of four. Own. Hilo Real Estate Market. Properties include homes, condos and beachfront properties for sale. less. There are 3 neighborhoods in Hilo. The median listing price per square foot was $272. Our nationally-comparable school ratings are covered under US Patent No. Whether you are buying or selling a home or just curious about the local market, our RE/MAX® agents are dedicated to making your real estate experience memorable and enjoyable. Our directory helps you find real estate professionals who specialize in buying, selling, foreclosures, or relocation - among many other options. Attitudes are changing about the improving Hawaii economy and our local Hawaii Island real estate market. Hilo is home to the University of Hawaii, and Imioloa Astronomy Center of Hawai'i, and the Merrie Monarch Festival, which is a week long celebration of ancient and modern hula. Because the Hilo real estate market is unique, it's important to choose a real estate agent or broker with local expertise to guide you through the process of renting, buying or selling your next home. The median list price of homes in Hilo, HI was $390K in December 2020, trending up 13% year-over-year. October 2020 was $281. What Locals Say about Hilo. Right now, there are 196 homes listed for sale in Hilo, including 53 condos and 0 foreclosures. Learn about the Hilo, HI housing market through trends and averages. Hilo is a not walkable city in Hawaii with a Walk Score of 23. There are 205 homes for sale, ranging from $38.5K to $3M. This should help this be a another good year for Big Island Hawaii real estate sales. Hilo Housing Market Information. Consider buying or renting a home in one of these popular neighborhoods. 8 Myths About Renting You Should Stop Believing Immediately, 6 Ways Home Buyers Mess Up Getting A Mortgage, 6 Reasons You Should Never Buy Or Sell A Home Without An Agent, Difference Between Agent, Broker & Realtor, Real Estate Agents Reveal the Toughest Home Buyers They've Ever Met, The 5 Maintenance Skills All Homeowners Should Know, Connections - New Century Public Charter School. Hilo, HI Real Estate Trends. Search for the top real estate investments in Hilo, Hawaii. Housing costs in Hilo are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Hawaii. Coldwell Banker estimates the median home price in Hilo is $427,500. The median list price per square foot in Hilo is $281. Trulia User. The median list price of homes in Hilo, HI was $369.9K in September 2020, trending down -1.4% year-over-year. The overall education level of Hilo citizens is substantially higher than the typical US community, as 33.86% of adults in Hilo have at least a bachelor's degree, and the average American community has 21.84%. 7,043,501 and 7,680,859. Rent vs. Own. Hilo is an extremely ethnically-diverse town. The people who call Hilo home describe themselves as belonging to a variety of racial and ethnic groups. Affordability of Living in Hilo, HI. Sponsored Mortgage Options for Hilo. North Hilo Real Estate. Note how the median home price for Hilo, HI runs $298,500, which is 45% lower than the average property price for Hawaii. The most common language spoken in Hilo is English. Listed Around: 1 Bedroom Homes. Homes in Hilo, HI sold for NaN% below asking price on average in December 2020. Based on the housing stock, population density, and the proximity of amenities of the area. You can research home values, browse Hilo's hottest homes, and see what Coldwell Banker's agents have to say about the local area. Copyright © 2000-2020 Location Inc®. We hope that this information may assist you with making better-informed real estate decisions. christi@reliferealty.com (808)756-2079 Contact for details. Here are the best public schools in Hilo, HI: You can find dozens of grocery stores, and hundreds of cafes and restaurants in Hilo, HI. The median listing price per square foot was $264. Our free service analyze millions of home sales to find the perfect agent for you. Browse photos, watch virtual tours and create a "Favorites" account to save, organize and share your favorite properties. View listing photos, watch virtual tours and create a `` Favorites '' to... Market fairly stable HI housing market through trends and averages since October.... News market trends in Hilo is the third largest community in Hawaii consists. 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