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Hilo, Hawaii Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
32
Sold (12M)
42
Median Price
$289K
Market Condition
Strong Buyer's Market

Hilo, Hawaii Market Meter

Buyer'sSeller's
Strong Buyer's Market

13.7 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$289K
Avg Price/Acre
$632K
Avg Days on Market
-
Months of Supply
13.7
YoY Price Change
-18.2%
New Listings (3M)
9

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-41528
1-2 acres1112
2-5 acres1237
5-10 acres--11
10-20 acres---1
20-50 acres--13
50-100 acres----
100+ acres----
TOTAL272142
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres28 sold / 11 listed
1-2 acres2 sold / 3 listed
2-5 acres7 sold / 6 listed
5-10 acres1 sold / 4 listed
10-20 acres1 sold / 3 listed
20-50 acres3 sold / 3 listed

Median Price by Acreage

$0$338K$675K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$13.3M
Last 12 months
Active Listings
32
Current inventory
Avg Days on Market
-
Time to sell
Price Trend (YoY)
-18.2%
Year over year

Hilo, Hawaii Land Market Analysis

How much is land worth in Hilo, Hawaii?

The median price for land in Hilo, Hawaii is currently $632K per acre. For a typical parcel, the median sale price is $289K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $186K while premium lots reached $464K.

Is now a good time to buy land in Hilo, Hawaii?

Hilo, Hawaii is currently a strong buyer's market with 13.7 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 18.2% year-over-year.

What is the months of supply for land in Hilo, Hawaii?

Hilo, Hawaii currently has 13.7 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

What is the median land price in Hilo, Hawaii?

The median land price in Hilo, Hawaii stands at $289K. This translates to roughly $632K per acre for the typical parcel size. The average price is $316K, indicating some higher-priced properties pulling up the average.

What is the absorption rate for land in Hilo, Hawaii?

The 3-month absorption rate in Hilo, Hawaii is 7.3%. The 12-month rate is 10.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the average price per acre in Hilo, Hawaii?

Land in Hilo, Hawaii averages $559K per acre. The median price per acre is $632K, which may be more representative of typical transactions. Most parcels sold are around 17,553 sq ft.

What is the total amount sold in Hilo, Hawaii last year?

Over the past 12 months, Hilo, Hawaii saw 42 properties sold, totaling $13.3M in sales volume. In just the last 3 months, 7 properties changed hands.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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