All Home Types
Hilo, HI Housing Market
What is the housing market like in Hilo today?
In October 2024, Hilo home prices were down 12.0% compared to last year, selling for a median price of $440K. On average, homes in Hilo sell after 96 days on the market compared to 63 days last year. There were 23 homes sold in October this year, down from 25 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$440,000
-12.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Hilo, HI
$440,000
-12.0%
United States
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Hilo Migration & Relocation Trends
In Sep '24 - Nov '24, 30% of Hilo homebuyers searched to move out of Hilo, while 70% looked to stay within the metropolitan area.
- Across the nation, 0.56% of homebuyers searched to move into Hilo from outside metros.
- Honolulu homebuyers searched to move into Hilo more than any other metro followed by Los Angeles and Seattle.
Where are people moving to Hilo from?
- 70% of Hilo homebuyers searched to stay within the Hilo metropolitan area.
- Prescott Valley was the most popular destination among Hilo homebuyers followed by Bozeman and Newport.
Where are people from Hilo moving to?
Number of People Moving to Hilo
least
most
People are moving to Hilo from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 1,355 | ||
| 2 | 903 | ||
| 3 | 735 | ||
| 4 | 731 | ||
| 5 | 222 | ||
| 6 | 197 | ||
| 7 | 112 | ||
| 8 | 103 | ||
| 9 | 101 | ||
| 10 | 86 | ||
People are leaving Hilo for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 4 | ||
| 2 | 4 | ||
| 3 | 2 | ||
| 4 | 2 | ||
| 5 | 0 | ||
| 6 | 0 | ||
| 7 | 0 | ||
| 8 | 0 | ||
| 9 | 0 | ||
| 10 | 0 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Hilo.
Provided by First Street Foundation
Transportation in Hilo
Learn about the walkability, bikeability, and transit-friendliness of Hilo
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Somewhat Bikeable
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