Reasons to Move to Hawaii County, HI
Prospective homebuyers are clearly taking advantage of the current interest rates and numerous government assistance programs. These interest rates mean homebuyers in Hawaii County can now afford much more house for the same monthly payment compared to when rates are higher. Motivated and opportunistic sellers in Hawaii County can field multiple offers from more qualified buyers, making it a dynamic market for both buyers and sellers.
What type of property to buy in Hawaii County,
Our extensive database in Hawaii County includes 4 preforeclosures, foreclosure auction properties, bankruptcies, REOs (real estate owned by lenders), and properties from HUD, VA, Fannie Mae, and other government agencies in Hawaii County. We also feature listings from over 100 corporate sellers. Our information is updated daily, sourced directly from these entities, ensuring you receive the freshest and most accurate data. This meticulously compiled and organized collection makes your search as straightforward as possible. Only www.foreclosure.com offers this unparalleled, trustworthy resource, backed by our commitment to providing expert, authoritative, and up-to-date information. Visit our FAQ section to read more about the different listing types and how to purchase them.
Pros and Cons of Living in Hawaii County, HI
How do you know that living in—or moving to— Hawaii County is the right choice for you? Perhaps you grew up in Hawaii County or already live nearby, making the decision to buy a home here a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Hawaii County for work or just looking for a fresh start, understanding the neighborhood from afar (online) can be challenging and exhausting.
Here are some expert tips to consider when shopping for foreclosed homes for sale in Hawaii County:
- Neighborhood Environment: Do you prefer a suburban, urban, or rural setting?
- Shopping and Dining: What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local), and businesses (small, big, mixed) would you like nearby?
- Leisure Activities: What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
- Commute: What type of commute (car, plane, home office) suits your lifestyle?
Creating a "Pros vs. Cons" list of what you need in a home and neighborhood is always a helpful step in making an informed decision. With expert insights and up-to-date market data from foreclosure.com, you can confidently explore the opportunities in Hawaii County, .
Hilo, HI Foreclosures
How much do homes sell for in Hilo, HI?
The average home price is currently $598,831.
In Hilo, HI, how many homes are available?
There are currently 4 active home listings available in Hilo.
What’s the average rental cost in Hilo, HI?
The average rental price in Hilo is $1,912.
What is the most expensive home in Hilo?
The most expensive home sold in Hilo had a price of $41,874,784.
What is currently the cheapest priced home in Hilo, HI?
The cheapest home for sale in Hilo is priced at $10,404.
Living in Hilo, HI
Hilo, located on the Big Island of Hawaii, is a charming coastal town celebrated for its vibrant culture and breathtaking scenery. With lush tropical landscapes and a welcoming community, Hilo offers a range of outdoor activities, historic sites, and a thriving local economy. Residents enjoy access to beautiful beaches, farms, and scenic parks, making it a delightful place to call home.
Current Market Conditions in Hilo, HI
The current real estate market in Hilo reflects a competitive landscape, with demand steadily increasing. The appealing lifestyle and natural beauty of the area continue to attract buyers, contributing to a limited inventory of available homes. As a result, prices are experiencing upward pressure, particularly for single-family homes. Overall, Hilo remains an attractive option for both new residents and investors seeking opportunities in Hawaii's growing real estate market.
Investments in Hilo's real estate market have shown promising trends, with both single-family homes and rental properties witnessing increased interest. The demand for vacation rentals has surged, leading to a steady rise in property values over the past year. Hilo's unique position as a gateway to outdoor adventures and rich local culture further contributes to its lure for homebuyers and investors alike.
Home Value Estimator For Hilo, HI
There are currently 20,446 real estate properties
in Hilo, HI,
with a median automated valuation model (AVM) price
of $533,104.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hilo, HI, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Hilo, HI,
is $598,831.00, with the most expensive house
in Hilo, HI, topping out
at $41,874,784.00 and the cheapest home
in Hilo, HI,
clocking in at $10,404.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hilo, HI!
Rent Prices
In Hilo, HI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hilo, HI, is on
a rollercoaster ride. The
average rent price in Hilo, HI,
is $1,912.00. Indeed, when looking to rent in
Hilo, HI, you can expect to pay as little
as $810.00 or as much
as $4,840.00,
with the average rent median estimated to
be $1,910.00. The good news is that finding
an affordable and desirable property to rent in Hilo, HI
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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