Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 8,595, 3,268 total housing units (homes and apartments), and a median house value of $1,431,879, Haiku house prices are not only among the most expensive in Hawaii, Haiku real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Haiku, accounting for 89.21% of the town's housing units. Other types of housing that are prevalent in Haiku include duplexes, homes converted to apartments or other small apartment buildings ( 4.86%), row houses and other attached homes ( 4.80%), and a few large apartment complexes or high rise apartments ( 1.13%).
The most prevalent building size and type in Haiku are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 64.26% owning and 35.74% renting.
There is a lot of housing in Haiku built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Haiku built between 2000 and later ( 31.85%). A lesser amount of the housing stock also hails from before 1939 ( 9.55%). There's also some housing in Haiku built between 1940-1969 ( 8.72%).
In the last 10 years, Haiku has experienced some of the highest home appreciation rates of any community in the nation. Haiku real estate appreciated 127.52% over the last ten years, which is an average annual home appreciation rate of 8.57%, putting Haiku in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Haiku definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Haiku's appreciation rate, at 6.84%, has been at or slightly above the national average. In the latest quarter, Haiku's appreciation rate has been 9.40%, which annualizes to a rate of 43.26%.
Importantly, this makes Haiku one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Hawaii, our data show that Haiku's latest annual appreciation rate is lower than 60% of the other cities and towns in Hawaii.
$1,431,879
for Hawaii
for nation
3,268
$4,096 / per month