Housing Prices in Hilo, HI
How much do homes in Hilo, HI cost?
Median List Price
$443,126
$328/sqft
Based on all homes listed in the last 12 months.
Difference Since February 2023
Summary: The median home list price in Hilo was $443,126 in February 2024, up 4.3% from the previous year, and the median price per square foot was $328.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $212.5K | $235K | +10.6% |
2 Bedrooms | $281.1K | $290K | +3.2% |
3 Bedrooms | $441K | $453.1K | +2.8% |
4 Bedrooms | $502.5K | $545K | +8.5% |
5+ Bedrooms | $557K | $608.5K | +9.2% |
Summary: Hilo housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.6%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 9.2%.
Median List Price Compared To Nearby Cities
North Hilo | $575K | $630K | +9.6% |
Papaikou-Wailea | $595K | $635K | +6.7% |
Keaau | $426.2K | $449.1K | +5.4% |
Hilo | $425K | $443.1K | +4.3% |
Mountain View | $325K | $339K | +4.3% |
Housing Supply in Hilo, HI
How many homes are available in Hilo, HI?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
1,407 | 1,423 | +1.1% |
Summary: The Hilo real estate market had 1,423 homes for sale in February 2024, a 1.1% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 82 | 83 | +1.2% |
2 Bedrooms | 235 | 237 | +0.9% |
3 Bedrooms | 743 | 751 | +1.1% |
4 Bedrooms | 218 | 221 | +1.4% |
5+ Bedrooms | 129 | 131 | +1.6% |
Summary: The Hilo housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 1.2%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 1.6%.
Days on Market for Hilo, HI
How long does it take to sell a home in Hilo, HI?
Average Listing Age
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
582 Days | 780 Days | +34.1% |
Summary: Homes in Hilo had an average listing age of 780 days in Feb 2024, up by 34.1% compared to the previous year.