Multi-family Foreclosures in Kailua, HI 96734

Current Market Conditions in Kailua, HI

Kailua's real estate market continues to thrive, characterized by high demand for beachfront and ocean-view properties. The neighborhood has seen a steady increase in home values, driven by its desirable location and amenities. Recent growth trends show a preference for single-family homes over condominiums, reflecting a shift in buyer preferences towards spacious living environments.

The market is fueled by both local buyers and those looking to invest in vacation homes. The median home price has risen approximately 10% over the past year, highlighting the area’s popularity. Increased competition among buyers is contributing to fast sales, with many properties selling within days of listing.

Rent Prices In Kailua, HI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Kailua, HI, is on a rollercoaster ride. The average rent price in Kailua, HI, is $3,804.00. Indeed, when looking to rent in Kailua, HI, you can expect to pay as little as $1,270.00 or as much as $8,500.00, with the average rent median estimated to be $3,760.00. The good news is that finding an affordable and desirable property to rent in Kailua, 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.