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Multi-family Foreclosures in Honomu, HI 96728

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Honomu, HI Foreclosures

How much do homes sell for in Honomu, HI?
The average home price is currently $558,111.
What’s the average rental cost in Honomu, HI?
The average rental price in Honomu is $1,804.
What is the most expensive home in Honomu?
The most expensive home sold in Honomu had a price of $1,693,826.
What is currently the cheapest priced home in Honomu, HI?
The cheapest home for sale in Honomu is priced at $161,200.

Living in Honomu, HI

Honomu, HI is a small picturesque town on the Big Island, characterized by its lush greenery and access to various outdoor activities including hiking and waterfalls. The community is close-knit, boasting a relaxed lifestyle with local markets and eateries. Proximity to Hilo enhances the living experience with additional amenities.

Current Market Conditions in Honomu, HI

The real estate market in Honomu is currently experiencing steady growth, driven by an increasing interest in rural properties that offer both tranquility and natural beauty. Prices have stabilized over the past year, attracting both retirees and nature lovers to invest in homes ranging from family residences to vacation rentals.

Recently, more buyers are looking for homes in Honomu due to its charming atmosphere and proximity to Hilo. Investor interest is also rising, particularly for vacation properties, as tourism rebounds in the area.

Home Value Estimator For Honomu, HI

There are currently 167 real estate properties in Honomu, HI, with a median automated valuation model (AVM) price of $461,605.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Honomu, 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 Honomu, HI, is $558,111.00, with the most expensive house in Honomu, HI, topping out at $1,693,826.00 and the cheapest home in Honomu, HI, clocking in at $161,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Honomu, HI!

Rent Prices In Honomu, HI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Honomu, HI, is on a rollercoaster ride. The average rent price in Honomu, HI, is $1,804.00. Indeed, when looking to rent in Honomu, HI, you can expect to pay as little as $1,270.00 or as much as $2,690.00, with the average rent median estimated to be $1,730.00. The good news is that finding an affordable and desirable property to rent in Honomu, 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.

Honomu, HI 96728 Multi-family Homes

Market Trend for Honomu, HI

Total Listings Available: 0

Market Values:

Home Prices from $161,200 to $1,693,826

Average Sales Price: $558,111

Rental Values:

Rental from $1,270 to $2,690

Average Rent Value: $1,804 / month

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