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Hawaii Hamakua Report


Venture Sotheby's International Realty



The Hamakua district runs from Waipiʻo, the largest cultivated valley of ancient Hawaiʻi, to just north of the county seat of Hilo. This 40 mile stretch of coastline is as fertile as its seaside views are beautiful. The Hamakua district is steeped in agriculture and provides cattle, sheep, timber, ginger, vanilla, macadamia nuts and exotic plants and flowers to Hawaiʻi and the world. This is a land of cascading streams and waterfalls, pristine valleys, spectacular gorges, and large tracts of productive farmlands and orchards. The Hamakua coast is the definition of Old Hawaiʻi in its simplicity and grandeur.

The Hamakua coastline is for those who cherish the slow pace of small town life coupled with a natural beauty that is unmatched. Forget your shopping malls and the amenities of big city life – Hamakua is country living at its finest. Laupahoehoe and Honokaʻa are the larger towns, but beyond a grocery store and a few shops, you’ll want to go to Hilo for a more expansive shopping experience. Popular activities here are home-grown: hiking, swimming, fishing, surfing, and horseback riding are all popular. The lookout at Waipiʻo Valley is a major tourist draw but a four-wheel drive vehicle is required to visit the lush valley below. Waipiʻo Valley is a spectacular highlight of the Big Island with it's sheer cliffs, rain forest-covered valley, and black sand beach. A visit to Waipiʻo confirms why this sacred place has been revered by over 50 generations of Hawaiians.

The Hamakua Coast was settled by the Hawaiians some 1,500 years ago, and in the 19th and 20th centuries it was the heart of the sugarcane industry. The Hamakua Coast was one of the first areas cultivated by the ancient Hawaiians, and for obvious reasons: access to the bountiful sea, scores of waterfalls, streams, and plenty of rain to nurture productive lands. The historical heritage of Waipiʻo Valley is legendary. When King Kamehameha was a baby he was hidden here to protect him of a death sentence resulting from a prophecy that he would one day rule the island.

Snapshot

13
New Listings in the last 14 days
38
Properties Pending Sale
8
Recently Sold Properties

Currently for Sale

95
Currently for Sale
106
Average Days on Market
8/12/2022
Newest Listing

Recently Sold

55
Total Sold
47
Average Days to Sell
8/13/2022
Last Sale

Neighborhood Summary For Sale

$950,000

Median List Price For Sale Properties
  • Beds
  • Baths
  • Sq. Ft.
  • Price
  • $/Sq.Ft
  • Average
  • Beds2.35
  • Baths1.66
  • Sq. Ft.1814.16
  • Price$1,814,955
  • $/Sq.Ft.$672
  • Low
  • Beds0
  • Baths0
  • Sq. Ft.0
  • Price$137,600
  • $/Sq.Ft.$72
  • High
  • Beds14
  • Baths10.01
  • Sq. Ft.13038
  • Price$23,000,000
  • $/Sq.Ft.$2,550
  • Median
  • Beds3
  • Baths2
  • Sq. Ft.1296
  • Price$950,000
  • $/Sq.Ft.$552

Neighborhood Summary Pending

$649,000

Median List Price Pending Properties
  • Beds
  • Baths
  • Sq. Ft.
  • Price
  • $/Sq.Ft
  • Average
  • Beds2.34
  • Baths1.53
  • Sq. Ft.1235.79
  • Price$816,518
  • $/Sq.Ft.$549
  • Low
  • Beds0
  • Baths0
  • Sq. Ft.0
  • Price$170,000
  • $/Sq.Ft.$236
  • High
  • Beds6
  • Baths5
  • Sq. Ft.3908
  • Price$2,595,000
  • $/Sq.Ft.$995
  • Median
  • Beds3
  • Baths1.02
  • Sq. Ft.1224
  • Price$649,000
  • $/Sq.Ft.$519

Neighborhood Summary Sold

$660,000

Median Sold Properties Price
  • Beds
  • Baths
  • Sq. Ft.
  • Price
  • $/Sq.Ft
  • Average
  • Beds2.27
  • Baths1.46
  • Sq. Ft.1157.78
  • Price$779,860
  • $/Sq.Ft.$567
  • Low
  • Beds0
  • Baths0
  • Sq. Ft.0
  • Price$80,000
  • $/Sq.Ft.$243
  • High
  • Beds5
  • Baths6
  • Sq. Ft.3697
  • Price$2,750,000
  • $/Sq.Ft.$1,574
  • Median
  • Beds3
  • Baths1.01
  • Sq. Ft.1224
  • Price$660,000
  • $/Sq.Ft.$475

Average List/Sell Price

List Price $1,814K
Sell Price$779K

Median List/Sell Price

List Price $950K
Sell Price$660K

Average List/Sold $SQFT

List $/Sq.Ft$671
$/Sq.Ft$566

For more information on property values in your neighborhood, reach out today!

Market Summary Report

Here's what's happening in 96727
$1,029,461
Median Sales Price
69
Properties Sold
10
New On Market
Properties for Sale
14
14
  • 75
  • 150
  • 225
  • 300
  • 375
Avg. Days on Site
69
69
  • 50
  • 100
  • 150
  • 200
  • 250
For sale by price
Days on Market
Properties For Sale
96727 Demographics
  • Median Age
    43
  • Population Density
    33
  • College Education
    30%
  • Median Income*
    $59,612
  • Total Home Owners*
    1,079
  • Renters*
    427
  • Owner / Renter*
    72% / 28%
  • Average Household Size*
    3
  • Total Population
    4,636
*Values are estimates based on community data provided by LiveBy, Inc.
Schools Near Here
Elementary Schools
    • Public
    • Honokaa Elementary School
    • Grades: PK-06, Enrollment: 370
    • 2
Middle Schools
High Schools
    • Public
    • Honokaa High & Intermediate School
    • Grades: 07-12, Enrollment: 609
    • 1
School data courtesy of LiveBy, Inc.

For more information on property values in your neighborhood, reach out today!