$7,422 Closing Credit*
$625,000
1,056 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Century 21 Homefinders of Hawaii
Housing Prices in Hilo, HI
How much do homes in Hilo, HI cost?
Median List Price
$599,900
$414/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$25,900(+4.5%)
Key Takeaway
The list price of homes in Hilo has increased by 4.5% since last year.
Summary: The median home list price in Hilo was $599,900 in October 2024, up 4.5% from the previous year, and the median price per square foot was $414.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | $377.4K | +4.8% |
| 2 Bedrooms | $269K | $378K | +40.5% |
| 3 Bedrooms | $550K | $557.5K | +1.4% |
| 4 Bedrooms | $1.1M | $900K | -19.8% |
| 5+ Bedrooms | $1.0M | $998K | -0.2% |
Summary: Hilo housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 40.5%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 19.8%, and 5+ bedroom homes decreased by 0.2%.
Median List Price Compared To Nearby Cities
| Papaikou-Wailea | $846K | $1.1M | +35.9% |
| Hilo | $574K | $599.9K | +4.5% |
| Keaau | $520K | $540K | +3.8% |
| Mountain View | $475K | $394.5K | -16.9% |
Housing Supply in Hilo, HI
How many homes are available in Hilo, HI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 132 | 155 | +17.4% |
Summary: The Hilo real estate market had 155 homes for sale in October 2024, a 17.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 32 | 32 | 0.0% |
| 3 Bedrooms | 60 | 71 | +18.3% |
| 4 Bedrooms | 27 | 34 | +25.9% |
| 5+ Bedrooms | 9 | 14 | +55.6% |
Summary: The Hilo housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 18.3%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes increased by 55.6%.
Days on Market for Hilo, HI
How long does it take to sell a home in Hilo, HI?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 101 Days | 182 Days | +80.8% |
Summary: Homes in Hilo had an average listing age of 182 days in Oct 2024, up by 80.8% compared to the previous year.
