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Hamakua Market Insights


Venture Sotheby's International Realty



The Hamakua district runs from Waipiʻo, the largest cultivated valley of ancient Hawaiʻi, to just north of the county seat of Hilo. This 40 mile stretch of coastline is as fertile as its seaside views are beautiful. The Hamakua district is steeped in agriculture and provides cattle, sheep, timber, ginger, vanilla, macadamia nuts and exotic plants and flowers to Hawaiʻi and the world. This is a land of cascading streams and waterfalls, pristine valleys, spectacular gorges, and large tracts of productive farmlands and orchards. The Hamakua coast is the definition of Old Hawaiʻi in its simplicity and grandeur.

The Hamakua coastline is for those who cherish the slow pace of small town life coupled with a natural beauty that is unmatched. Forget your shopping malls and the amenities of big city life – Hamakua is country living at its finest. Laupahoehoe and Honokaʻa are the larger towns, but beyond a grocery store and a few shops, you’ll want to go to Hilo for a more expansive shopping experience. Popular activities here are home-grown: hiking, swimming, fishing, surfing, and horseback riding are all popular. The lookout at Waipiʻo Valley is a major tourist draw but a four-wheel drive vehicle is required to visit the lush valley below. Waipiʻo Valley is a spectacular highlight of the Big Island with it's sheer cliffs, rain forest-covered valley, and black sand beach. A visit to Waipiʻo confirms why this sacred place has been revered by over 50 generations of Hawaiians.

The Hamakua Coast was settled by the Hawaiians some 1,500 years ago, and in the 19th and 20th centuries it was the heart of the sugarcane industry. The Hamakua Coast was one of the first areas cultivated by the ancient Hawaiians, and for obvious reasons: access to the bountiful sea, scores of waterfalls, streams, and plenty of rain to nurture productive lands. The historical heritage of Waipiʻo Valley is legendary. When King Kamehameha was a baby he was hidden here to protect him of a death sentence resulting from a prophecy that he would one day rule the island.

Snapshot

12
New Listings in the last 14 days
36
Properties Pending Sale
6
Recently Sold Properties in the last 14 days

Currently for Sale

77
Currently for Sale
177
Average Days on Market
9/20/2023
Newest Listing

Recently Sold

60
Total Sold in the last 3 Months
51
Average Days to Sell
9/22/2023
Last Sale

Neighborhood Summary For Sale

$899,000

Median List Price For Sale Properties
  • Beds
  • Baths
  • Sq. Ft.
  • Price
  • $/Sq.Ft
  • Average
  • Beds2.06
  • Baths1.5
  • Sq. Ft.1598.23
  • Price$1,724,934
  • $/Sq.Ft.$715
  • Low
  • Beds0
  • Baths0
  • Sq. Ft.0
  • Price$120,000
  • $/Sq.Ft.$123
  • High
  • Beds9
  • Baths6.02
  • Sq. Ft.9019
  • Price$23,000,000
  • $/Sq.Ft.$2,550
  • Median
  • Beds2
  • Baths1
  • Sq. Ft.1152
  • Price$899,000
  • $/Sq.Ft.$592

Neighborhood Summary Pending

$725,000

Median List Price Pending Properties
  • Beds
  • Baths
  • Sq. Ft.
  • Price
  • $/Sq.Ft
  • Average
  • Beds2.69
  • Baths1.81
  • Sq. Ft.1625.31
  • Price$1,214,102
  • $/Sq.Ft.$25,643
  • Low
  • Beds0
  • Baths0
  • Sq. Ft.0
  • Price$170,000
  • $/Sq.Ft.$297
  • High
  • Beds7
  • Baths5.01
  • Sq. Ft.6000
  • Price$4,800,000
  • $/Sq.Ft.$725,000
  • Median
  • Beds3
  • Baths2
  • Sq. Ft.1070
  • Price$725,000
  • $/Sq.Ft.$554

Neighborhood Summary Sold

$610,000

Median Sold Properties Price
  • Beds
  • Baths
  • Sq. Ft.
  • Price
  • $/Sq.Ft
  • Average
  • Beds2.18
  • Baths1.44
  • Sq. Ft.1191.67
  • Price$752,382
  • $/Sq.Ft.$525
  • Low
  • Beds0
  • Baths0
  • Sq. Ft.0
  • Price$50,000
  • $/Sq.Ft.$32
  • High
  • Beds6
  • Baths4
  • Sq. Ft.4330
  • Price$2,620,000
  • $/Sq.Ft.$1,299
  • Median
  • Beds3
  • Baths2
  • Sq. Ft.1058
  • Price$610,000
  • $/Sq.Ft.$477

Average List/Sell Price

List Price $1,724K
Sell Price$752K

Median List/Sell Price

List Price $899K
Sell Price$610K

Average List/Sold $SQFT

List $/Sq.Ft$715
$/Sq.Ft$524

Market Summary Report

Here's what's happening in 96743
$3,731,430
Median Sales Price
92
Properties Sold
13
New On Market
Properties for Sale
106
106
  • 75
  • 150
  • 225
  • 300
  • 375
Avg. Days on Site
92
92
  • 50
  • 100
  • 150
  • 200
  • 250
For sale by price
Days on Market
Properties For Sale
96743 Demographics
  • Median Age
    42
  • Population Density
    35
  • College Education
    47%
  • Median Income*
    $97,686
  • Total Home Owners*
    2,920
  • Renters*
    1,716
  • Owner / Renter*
    63% / 37%
  • Average Household Size*
    2.9
  • Total Population
    13,517
*Values are estimates based on community data provided by LiveBy, Inc.
Schools Near Here
Elementary Schools
    • Public
    • Hawaii Preparatory Academy
    • Grades: KG-12, Enrollment: 626
    • 0
    • Public
    • Kanu o ka Aina - New Century PCS
    • Grades: KG-12, Enrollment: 486
    • 3
    • Public
    • Montessori Education Center Of Hawaii
    • Grades: PK-KG, Enrollment: 5
    • 0
    • Public
    • Parker School
    • Grades: KG-12, Enrollment: 316
    • 0
    • Public
    • Waimea Elementary School
    • Grades: PK-05, Enrollment: 507
    • 1
Middle Schools
    • Public
    • Hawaii Preparatory Academy
    • Grades: KG-12, Enrollment: 626
    • 0
    • Public
    • Kanu o ka Aina - New Century PCS
    • Grades: KG-12, Enrollment: 486
    • 3
    • Public
    • Parker School
    • Grades: KG-12, Enrollment: 316
    • 0
    • Public
    • Waimea Middle - PCCS
    • Grades: 06-08, Enrollment: 256
    • 2
High Schools
    • Public
    • Hawaii Preparatory Academy
    • Grades: KG-12, Enrollment: 626
    • 0
    • Public
    • Kanu o ka Aina - New Century PCS
    • Grades: KG-12, Enrollment: 486
    • 3
    • Public
    • Parker School
    • Grades: KG-12, Enrollment: 316
    • 0
School data courtesy of LiveBy, Inc.