Housing Market in Hilo

Hilo's housing market runs above the national median, though this record discloses it as genuinely one of the Big Island's, and Hawaii's, more accessible entry points.

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A real, disclosed cross-source spread

Niche cited a median home value of ~$483,000; Redfin cited a median sale price of ~$555,000, up 0.9% year-over-year.

A genuinely not-very-competitive market

Redfin scored Hilo's market competitiveness at 11 out of 100, with most residents owning their homes.

More accessible than Maui and Kona/Kohala

Hilo's prices run notably closer to the national median than this project's Maui records (Kahului, Wailuku, Lahaina) or Kona/Kohala Coast resort markets.

Key takeaways

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Read the full Hilo overview for the complete picture -- housing, taxes, climate, and who this place genuinely fits.

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.