How much is the average house in Hawaii?

How much is the average house in Hawaii?

$743,125. The typical home value of homes in Hawaii is $743,125. This value is seasonally adjusted and only includes the middle price tier of homes. Hawaii home values have gone up 12.6% over the past year.

How expensive are homes in Hawaii?

In Hawaii, the median price for a home is nearly $550,000, according to real estate website Zillow, and the median rent is $2,400. That’s nearly twice the national median home price of $278,900 and about one-and-a-half times the national median rent of $1,695.

Is living in Hawaii expensive?

Living in Hawaii and Housing Cost. To rent a place in Hawaii is significantly more expensive than in most places on the U.S. mainland. To be able to afford this rent without paying more than 30% of income on housing, a household has to earn $5,932 per month or $71,184 per year.

What are the most expensive homes in Hawaii?

At $38M, Hawaii’s Most Expensive Home. With a price tag of $38 million, this Kauai home on a bluff overlooking Anini Beach is Hawaii’s most expensive home.

What’s the best time to sell house in Hawaii?

The best month to sell a house fast in Hawaii is July. Hawaii homes sold in July are on the market for an average of 80, which is 5 days faster than the annual average. Of course, this is just a small piece of the overall picture.

How much does it cost to rent in Hawaii?

As you might expect in a state where the cost of buying a home is so high, demand for rental properties is high, too. According to NeighborhoodScout, the average rent in Hawaii is a whopping $2,413 a month.

What is the average rent in Honolulu?

Honolulu Average Rent. As of April 2019, average rent for an apartment in Honolulu, HI is $1721 which is a 19.23% decrease from last year when the average rent was $2052 , and a 1.34% increase from last month when the average rent was $1698. One bedroom apartments in Honolulu rent for $1650 a month on average (a 18.48% decrease from last year)…