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Real Estate Market Statistics in Hawaii

An overview of real estate sales in Kauai

  • In 2014, the YTD real estate sales throughout the 3rd quarter in Kauai, HI, are 359 single family homes, 257 condos, and 158 parcels of vacant land. Single family homes showed a 17 unit or 5% increase, condos showed -11 units or a -4.1 decrease, and vacant land parcels showed a 22 unit or 16.2% increase over the 3rd quarter of 2013.
  • In 2014, the YTD median real estate price throughout the 3rd quarter in Kauai, HI, is $530,000 for single family homes, $344,000 for condos, and $332,500 for parcels of vacant land. Single family homes showed a $15,000 or 2.9% increase, condos showed $44,000 or 14.7% increase, and vacant land parcels showed a $32,500 or 10.8% increase over the 3rd quarter of 2013.

Home Value Index Prices

According to the Zillow Home Value Index, homes in Kauai are valued at the following prices:

Price Range % of Homes
$100 – 200K 0.1%
$200 – 300K 21.3%
$300 – 400K 16.6%
$400 – 500K 21.7%
$500 – 600K 16.4%
$600 – 800K 18.7%
$800K or More   3.9%

Average Square Footage of Homes in Kauai

Average square footage of homes in Kauai is as follows:

Square Footage   % of Homes
1000 or Less 33.5%
1000 – 1400 28.7%
1400 – 1800 15.4%
1800 – 2400 14.0%
2400 – 3600 6.7%
3600 or More 1.5%

Kauai Real Estate Market Statistics and Facts

  • In Kauai, there are 40.4% renter occupied homes, compared to 59% of people that own their own homes.
  • The average cost of a residential home is $320 per square foot, compared to $113 per square foot nationally.
  • The median home age in Kauai is 28 years, compared to 37 years for all houses in the United States.
  • The property tax rate is $2.43 for every $1,000 in home value.
  • In Kauai, 50.12% of homes are owned by primary homeowners and 12.60% of housing is vacant.
  • Home appreciation in Kauai has increased 9% over the last year, is down -12.50% from 5 years ago, and is up 29.40% from 10 years ago.
  • Average rental prices per month in Kauai are $1,170 for a studio apartment, $1,180 for a 1 bedroom home or apartment, $1,597 for a 2 bedroom home or apartment, $2,173 for a 3 bedroom home or apartment, and $2,574 for a 4 bedroom home or apartment.