Hawaii offers some of the most spectacular real estate in the world. The state offers sunny weather and warm temperatures year round, and that makes it attractive for home buyers from young professionals to retirees.
While the popularity of the state has kept the real estate sector on solid footing, it has also made it more difficult to buy a home in the state. The median home value is $616,000. That’s nearly three times the national median home value.
But despite the high home prices for the state as a whole, it has some extremely affordable real estate opportunities in some communities. Even in a big city like Honolulu, it’s possible to get a great deal on a home purchase even if you’re a low-income or moderate-income earner.
Speak to a professional realtor about Hawaii’s diverse communities. They know the state’s counties and neighborhood trends. They can also tell you about a community’s schools, amenities, and safety record. And they can help you find a home in a community that fits your lifestyle and your budget.
Here’s our guide to the best places to live in Hawaii.
This is the one city almost all tourists to Hawaii want to call home. It’s no wonder. Honolulu is a major cosmopolitan city, but it still has the laid back lifestyle the state is famous for.
Hawaii is packed with some of the world’s best restaurants, and there’s always a great show to watch or a band to catch at its many live music venues.
But living in the city is not cheap. Median home values in Honolulu top $661,000. However, that doesn’t mean you can’t find an affordable home in the city. There are small properties that are listed for under $300,000 and young professionals can even find condo units in the low $100,000s.
This is one of the more expensive communities in Hawaii. The median home value in Pearl City is $723,600. Despite the steep price tag of its real estate it is still considered one of the happiest places in the U.S.
While the median home value is relatively expensive even compared to the state median, home buyers can find three-bedroom condo units in the city for less than $150,000. But it’s also not uncommon to find three-bedroom homes listed for more than $1,000,000.
Haleiwa is one of the state’s most vibrant and youthful towns due to its surfing community. It sits on Oahu’s north shore and has some of the best beaches on the island. It’s also a place to catch a good wave at almost any time of day.
The small town is dotted with restaurants, souvenir shops, and surf shops. Because of its spectacular setting, this community commands premium prices for its real estate. The median home value is $1,273,800 and it’s climbing at a strong rate. In 2018, median home values rose by 6.3% over 2017.
This is a family-focused town that attracts home buyers because of its low crime rate and excellent schools. It’s not close to the best beaches Oahu, but this is a tight-knit community that resembles a typical American suburb. It has a golf course and several shopping centers.
The town has grown considerably since the first homes went up for sale in the 1960s. It is now one of the wealthiest areas of the state. Median home values in Mililani Town are $721,000.
This is not Hawaii’s biggest tourism draw by any means. And if you want sunny weather, this is not the place for you. In fact, this town gets at least some rain on more than 250 days of the year.
This is a farming and fishing community that has evolved into an entrepreneurial and commercial center. It has also become a charming town filled with museums, art galleries, shops, and restaurants. Hilo is also home to the Liliuokalani Gardens, a Japanese-style 30-acre respite.
This is one of the most affordable communities in the state. Median home values are $338,300. But they are catching up quickly to other areas of the state. The median home value rose by an amazing 6.2% in 2018 over 2017.
This is another community on Oahu. It has less than 3,000 residents and is located just north of Honolulu so it’s a favourite choice for commuters. Maunawili borders Kailua Beach Park so it’s easy to enjoy Hawaii’s natural wonders in this family-oriented town.
As with other towns in Hawaii, it’s not easy to find affordable real estate in Maunawili. The median home value is $914,400. It’s also a relatively affluent community. The median household income is more than $130,000.
Let Clever Help You Find Your Perfect Neighborhood
Finding a place to live that fits your lifestyle and tastes requires a lot of research. You need to gather statistics for crime rates, school rankings, and housing prices to make sure the community you choose to buy in is a solid investment.
A professional realtor can help you cut through the confusion. They have the latest data on market trends to help you pick a town where home prices will be a solid investment in the future.
Clever partners with top-real estate agents from major companies like Keller Williams, Century 21, and RE/MAX. They are all full-service and they can help you find additional cost saving opportunities. They can even help get you obtain a home buyer’s rebate to help with closing costs or the down payment. Clever Partner Agents are experts in real estate and their guidance can help you find the right home in a community that fits your budget.