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 21,411, 6,944 total housing units (homes and apartments), and a median house value of $756,589, real estate costs in Kapolei are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Hawaii communities.
Single-family detached homes are the single most common housing type in Kapolei, accounting for 60.27% of the town's housing units. Other types of housing that are prevalent in Kapolei include large apartment complexes or high rise apartments ( 22.46%), row houses and other attached homes ( 11.71%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.58%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Kapolei. Owner-occupied housing accounts for 77.16% of Kapolei's homes, and 66.87% have either three or four bedrooms, which is average sized relative to America.
Kapolei homes and real estate are some of the newest in America. 64.19% of Kapolei's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Kapolei real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 34.72%), and between 1940-1969 ( 1.09%).
Kapolei's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Kapolei during the period has been just 5.55%, which is lower than 70% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Kapolei's appreciation rate, at 6.48%, has been at or slightly above the national average. In the latest quarter, Kapolei's appreciation rate has been -0.11%, which annualizes to a rate of -0.45%.
Notably, Kapolei's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Hawaii, our data show that Kapolei's latest annual appreciation rate is lower than 60% of the other cities and towns in Hawaii.
One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Kapolei differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Kapolei - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Kapolei real estate investment or home purchase decisions.
$756,589
for Hawaii
for nation
6,944
$4,128 / per month