The story of this market
The typical home in Hawi, Hawaii sells for about $2,459,500, or $778 per square foot.
Homes take about 76 days to sell, which is slow.
Monthly price momentum
Home values since 2015
+4.3%
HI · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Hawi, Hawaii
Hawi's real estate market is characterized by high-end, low-volume activity with a significant price premium compared to the broader Hawaii County average. The market is driven by lifestyle buyers seeking a cooler, rural environment, though limited inventory and lack of recent sales data suggest a niche, slow-moving market.
No ARED county foreclosure postings attributed to Hawi yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 2.5% year over year.
Homes spend a median of 83 days on market with 6.0 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 10.1% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
The historic heart of the community featuring local boutiques, galleries, and cafes that define the town's unique character.
Preserves significant cultural heritage sites, offering residents and visitors a connection to the region's deep historical roots.
Hawi is best suited for retirees, remote professionals, and lifestyle-seekers who prioritize a cooler, greener, and quieter environment over proximity to major urban employment centers.
Transportation is heavily reliant on private vehicles, with Akoni Pule Highway serving as the primary corridor connecting Hawi to the rest of the island.
Hawi offers a rich amenity base centered on its historic town character, proximity to lush pastures, and access to coastal views, serving as a gateway to the North Kohala region's outdoor activities.
The rental market is characterized by limited inventory and high demand for lifestyle-oriented properties, with a notable presence of long-term residential and potential short-term vacation rental interest.
The local economy is primarily driven by tourism, small-scale agriculture, and the service sector catering to the North Kohala community.
Growth is driven by a transition toward a cooler, greener lifestyle for retirees and remote workers, with limited large-scale infrastructure development in the immediate town center.
Development is generally low-density and focused on maintaining the rural, historic character of the North Kohala district.
Parcels in Hawi are subject to Hawaii County property tax jurisdictions and standard state-level utility and service districts.
Hawi is subject to typical tropical climate risks including high winds and potential for volcanic activity or seismic events common to the Big Island, necessitating robust insurance coverage.
Property insurance in this region is influenced by exposure to tropical storms and volcanic hazards, often requiring specialized policies for coastal or high-risk areas.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Hawaii) — Real Property Tax: Tax is calculated by applying county-specific tax rates to the assessed value of the property. The formula is (Assessed Value - Exemptions) * Tax Rate. Exemptions include homestead exemptions for owner-occupants, which vary by county.
Data retrieved from World Population Review; specific ACS housing metrics not available for this CDP.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.