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 6,057, 1,242 total housing units (homes and apartments), and a median house value of $728,559, real estate costs in Waimanalo 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 Waimanalo, accounting for 57.62% of the town's housing units. Other types of housing that are prevalent in Waimanalo include row houses and other attached homes ( 30.85%), large apartment complexes or high rise apartments ( 10.87%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Waimanalo. Owner-occupied housing accounts for 75.35% of Waimanalo's homes, and 59.30% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Waimanalo 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 Waimanalo built between 1940-1969 ( 19.77%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.29%). There's also some housing in Waimanalo built before 1939 ( 1.31%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Waimanalo, where house values have increased just 34.50%, which is annualized rate of 3.01%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Waimanalo appreciation rates have trailed the rest of the nation. In the last twelve months, Waimanalo's appreciation rate has been -3.44%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Waimanalo were at 0.83%, which equates to an annual appreciation rate of 3.36%.
Relative to Hawaii, our data show that Waimanalo's latest annual appreciation rate is lower than 80% of the other cities and towns in Hawaii.
$728,559
$2,704 / per month