Living in Ocean View, HI
Ocean View, HI, is a tranquil community known for its breathtaking ocean views and vibrant natural surroundings. It offers outdoor enthusiasts plenty of activities, a friendly neighborhood atmosphere, and essential amenities for everyday living. Families can benefit from local educational institutions, while the location provides easy access to nearby towns.
Current Market Conditions in Ocean View, HI
The real estate market in Ocean View, HI, has shown promising trends with a steady increase in property values over recent years. The area's appeal for both investors and homeowners is evident as demand continues to rise due to its scenic beauty and strong community ties.
With a mix of affordable housing options and higher-end properties, Ocean View attracts a diverse range of buyers. Investors are particularly drawn to the potential for vacation rentals, given the area's attractiveness as a travel destination.
Home Value Estimator For Ocean View, HI
There are currently 939 real estate properties
in Ocean View, HI,
with a median automated valuation model (AVM) price
of $236,926.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ocean View, 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 Ocean View, HI,
is $243,120.00, with the most expensive house
in Ocean View, HI, topping out
at $931,400.00 and the cheapest home
in Ocean View, HI,
clocking in at $10,729.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ocean View, HI!
Rent Prices
In Ocean View, HI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ocean View, HI, is on
a rollercoaster ride. The
average rent price in Ocean View, HI,
is $1,414.00. Indeed, when looking to rent in
Ocean View, HI, you can expect to pay as little
as $860.00 or as much
as $2,340.00,
with the average rent median estimated to
be $1,400.00. The good news is that finding
an affordable and desirable property to rent in Ocean View, 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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