Housing Prices in Hilo, HI
How much do homes in Hilo, HI cost?
Median List Price
$550,000
$421/sqft
Based on all homes listed in April 2024.
Difference Since Last Month
Key Takeaway
The list price of homes in Hilo has increased by 0.5% since March.
Summary: The median home list price in Hilo was $550,000 in April 2024, up 0.5% from the previous month, and the median price per square foot was $421.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $335K | $315K | -6.0% |
| 2 Bedrooms | $380K | $380K | 0.0% |
| 3 Bedrooms | $535K | $535K | 0.0% |
| 4 Bedrooms | $750K | $872.5K | +16.3% |
| 5+ Bedrooms | $998K | $995K | -0.3% |
Summary: Hilo housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 6%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes decreased by 0.3%.
Median List Price Compared To Nearby Cities
| North Hilo | $1.1M | $1.4M | +23.5% |
| Papaikou-Wailea | $1.2M | $1.2M | +1.2% |
| Hilo | $547K | $550K | 0.5% |
| Mountain View | $415K | $406K | -2.2% |
Housing Supply in Hilo, HI
How many homes are available in Hilo, HI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 131 | 146 | +11.5% |
Summary: The Hilo real estate market had 146 homes for sale in April 2024, a 11.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 9 | +12.5% |
| 2 Bedrooms | 17 | 19 | +11.8% |
| 3 Bedrooms | 60 | 67 | +11.7% |
| 4 Bedrooms | 25 | 30 | +20.0% |
| 5+ Bedrooms | 21 | 21 | 0.0% |
Summary: The Hilo housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Days on Market for Hilo, HI
How long does it take to sell a home in Hilo, HI?
Average Listing Age
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 131 Days | 145 Days | +10.6% |
Summary: Homes in Hilo had an average listing age of 145 days in Apr 2024, up by 10.6% compared to the previous month.
