Comprehensive market data and analysis
We're showing Hawaii County statistics below to give you a broader market picture. As more transactions occur in Honaunau, Hawaii, we'll update with specific local data.
View nearby areas with more activity:
16.7 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Honaunau, Hawaii | ||||||
The median price for land in the Hawaii area is currently $92K per acre. For a typical parcel, the median sale price is $70K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $16K while premium lots reached $750K.
the Hawaii area is currently a strong buyer's market with 16.7 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 27.0% year-over-year.
the Hawaii area currently has 16.7 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The 3-month absorption rate in the Hawaii area is 6.0%. The 12-month rate is 7.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in the Hawaii area stands at $70K. This translates to roughly $92K per acre for the typical parcel size. The average price is $363K, indicating some higher-priced properties pulling up the average.
Land in the Hawaii area averages $429K per acre. The median price per acre is $92K, which may be more representative of typical transactions. Most parcels sold are around 1.0 acres.
The current absorption rate in the Hawaii area is 6.0% (3-month basis), indicating slow demand. With depreciating values (-27.0% YoY), buyers may find value opportunities. The top-performing broker in this market is eXp Realty.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Honaunau on LandyDandy.
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