These Are The 10 Best Places To Buy A House In Hawaii For 2019


Using science and data, we can tell you which places in Hawaii have seen home prices rising and people flocking over the past year.

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Editor’s note: This is not investment advice and we are not financial advisers. Article updated for 2019.

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There’s a the age old question everyone thinks about when they decide to move to a city in Hawaii:

Should I buy a place or rent?

Well, we aren’t here today to solve that problem for you exactly. We are just assuming you’ll do the right thing and a buy a place 😉

And while we are happy to tell you the best place to live in Hawaii, this analysis is going to tackle the question of the best place to buy a house as an investor. That is we are going to try and determine the up and coming cities in the Aloha State.

To do that we are going to look at places in Hawaii that are growing faster than average, but where home prices are below average. In every day terms, the “deals”.

The best deal in Hawaii at the moment? That would be Hawaiian Ocean View according to our analysis.

Here’s a look at the top ten places to buy a home in Hawaii for 2019:

  1. Hawaiian Ocean View (Homes For Sale)
  2. Maili (Photos | Homes For Sale)
  3. Waipio Acres (Homes For Sale)
  4. Hanamaulu (Homes For Sale)
  5. Honalo (Homes For Sale)
  6. Mountain View (Homes For Sale)
  7. Orchidlands Estates (Homes For Sale)
  8. Kapolei (Photos | Homes For Sale)
  9. Kualapuu (Photos | Homes For Sale)
  10. Makawao (Photos | Homes For Sale)

The methodology that wen’t into this can be a bit complicated, so we’ll break it down for you in as much detail as we can below.

If you’re not worried about finding a deal on good places to live, check out the most expensive places to live in Hawaii and, for those of you on a budget, the cheapest places to live in Hawaii.

For more Hawaii reading, check out:

How do you determine the best places to buy a home in Hawaii for 2019?

We were in real estate for almost five years and have been working on this site for another three. Suffice is to say, we’ve put a lot of thought into what goes into finding a good place to buy a home.

So all that thinking has come to this moment where we get to spell out how we’d approach finding an up-and-coming place to live in Hawaii. Put differently, the analysis will try to find places in Hawaii with undervalued homes relative to pent up demand.

To do that we looked at the most recent American Community Survey Census data for 2013-2017 and compared it to the previous vintage (2012-2016). Specifically, we used the following criteria:

  • Y-o-Y Change In Population (People want to live here)
  • Y-o-Y Change In Median Home Prices (People are willing to pay for it)
  • Home Prices Relative To The State Average (It’s still kinda cheap)

We want places that are growing, have seen home prices increase in recent years, and are still “cheap” for Hawaii with the following caveats:

So of the 150 cities and towns in Hawaii, only 84 places made it through our initial filters to even be considered.

We then ranked each place from 1 to 84 for the criteria mentioned above with 1 being the best for that criteria. We averaged the rankings to create a “best place to buy” index with the place having the lowest index being the best.

Turns out that Hawaiian Ocean View is the best potential gem in the not-so-rough in the Aloha State.

Read on for more on these places.

Overall SnackAbility

4
/10

Population: 4,726
Median Home Price: $141,400
Population Change: 5.6%
Home Price Change: 12.0%
More on Hawaiian Ocean View: Homes For Sale | Data

Maili, HI

Overall SnackAbility

6
/10

Population: 10,190
Median Home Price: $436,200
Population Change: 13.9%
Home Price Change: 12.6%
More on Maili: PhotosHomes For Sale | Data

Overall SnackAbility

7
/10

Population: 5,432
Median Home Price: $384,700
Population Change: 5.1%
Home Price Change: 12.6%
More on Waipio Acres: Homes For Sale | Data

Overall SnackAbility

7
/10

Population: 5,386
Median Home Price: $435,500
Population Change: 6.9%
Home Price Change: 8.5%
More on Hanamaulu: Homes For Sale | Data

Overall SnackAbility

7
/10

Population: 2,288
Median Home Price: $376,800
Population Change: -0.1%
Home Price Change: 13.4%
More on Honalo: Homes For Sale | Data

Overall SnackAbility

6
/10

Population: 3,836
Median Home Price: $205,700
Population Change: 4.1%
Home Price Change: 5.9%
More on Mountain View: Homes For Sale | Data

Overall SnackAbility

5
/10

Population: 3,310
Median Home Price: $240,600
Population Change: 2.8%
Home Price Change: 5.9%
More on Orchidlands Estates: Homes For Sale | Data

Kapolei, HI

Overall SnackAbility

7
/10

Population: 21,086
Median Home Price: $490,600
Population Change: 9.8%
Home Price Change: 5.7%
More on Kapolei: PhotosHomes For Sale | Data

In 1955 the Kapolei master plan was drafted and revised 3 different times beginning in 1974. In 1977 the new General Provision Plan adopted the Oahu General Plan which dubbed Kapolei “second urban center” on the island of Oahu. In 1986 the Ewa Master Plan was revised to include the SUC and the initial residential construction in the Kapolei area began in the late 1980s with commercial developments springing up shortly thereafter. Nearly two decades later, in 2006 the Kapolei area had more than 800 companies, agencies, and organizations making up approximately 25,000 jobs. As of the 2010 census, the Kapolei CDP had a population of 15,186 people.

Kualapuu, HI

Overall SnackAbility

6
/10

Population: 2,013
Median Home Price: $203,800
Population Change: -2.8%
Home Price Change: 12.7%
More on Kualapuu: PhotosHomes For Sale | Data

Makawao, HI

Overall SnackAbility

7.5
/10

Population: 6,832
Median Home Price: $572,300
Population Change: 7.4%
Home Price Change: 8.6%
More on Makawao: PhotosHomes For Sale | Data

There You Have It – The Best Places To Purchase A House In Hawaii for 2019

There’s our analysis of the best places to buy a house in Hawaii. And, to be clear, we aren’t necessarily saying these places are the best places to live, just that it looks like they might be in a couple of years based on the data.

In fact, every place in the following table meets our criteria, so even though it may not look super long, remember we started off with all 150 places in the state.

So if we’d could rent or buy in these cities, we’d definitely buy.

For more Hawaii reading, check out:

Detailed List Of The Best Places To Buy A Home In Hawaii

City Rank Median Home Price Population Change Home Price Increase
Hawaiian Ocean View 1 $141,400 5.6% 12.0%
Maili 2 $436,200 13.9% 12.6%
Waipio Acres 3 $384,700 5.1% 12.6%
Hanamaulu 4 $435,500 6.9% 8.5%
Honalo 5 $376,800 -0.1% 13.4%
Mountain View 6 $205,700 4.1% 5.9%
Orchidlands Estates 7 $240,600 2.8% 5.9%
Kapolei 8 $490,600 9.8% 5.7%
Kualapuu 9 $203,800 -2.8% 12.7%
Makawao 10 $572,300 7.4% 8.6%
Makaha 11 $407,200 -1.1% 15.3%
Ewa Gentry 12 $510,700 4.4% 8.9%
Kailua Cdp (Hawaii County) 13 $441,700 3.8% 7.1%
Waimea Cdp (Hawaii County) 14 $392,300 12.0% 3.0%
Hawaiian Acres 15 $191,200 11.0% 0.4%
Volcano 16 $185,500 21.9% -3.1%
Waianae 17 $339,500 1.6% 5.4%
Kihei 18 $527,500 1.2% 12.4%
Wailua 19 $435,100 9.4% 3.3%
Kahului 20 $539,700 1.8% 9.9%
Lahaina 21 $609,800 4.3% 10.3%
Haleiwa 22 $641,000 6.9% 8.9%
Hanapepe 23 $401,800 7.0% 2.1%
Hawaiian Beaches 24 $196,900 5.3% -1.5%
Ocean Pointe 25 $613,200 10.6% 5.2%
Heeia 26 $843,500 6.1% 9.9%
Wailuku 27 $480,700 5.0% 3.7%
Keokea 28 $450,000 12.9% 1.9%
Honokaa 29 $334,400 2.7% 2.5%
Paia 30 $623,300 3.5% 8.8%
Waipio 31 $526,100 0.5% 6.9%
Waikele 32 $478,100 -2.6% 10.1%
Waikapu 33 $560,300 0.9% 8.4%
Nanakuli 34 $310,300 -2.4% 5.4%
Eleele 35 $415,900 4.5% 2.5%
Kalaheo 36 $672,600 6.2% 6.5%
Hilo 37 $305,900 0.3% 2.5%
Hawaiian Paradise Park 38 $255,300 -1.9% 4.0%
Ewa Villages 39 $495,200 6.9% 2.3%
Puhi 40 $421,000 1.8% 3.0%
Kekaha 41 $371,500 4.8% -3.7%
Waikoloa Village 42 $401,700 -4.4% 7.2%
Whitmore Village 43 $515,000 -1.6% 8.2%
Lanai City 44 $399,600 -7.6% 7.4%
Wailua Homesteads 45 $601,200 3.8% 5.1%
Ainaloa 46 $155,600 -0.1% -2.4%
Waimalu 47 $396,900 -2.4% 3.7%
Keaau 48 $310,600 -1.7% 1.9%
Laie 49 $662,100 6.7% 3.2%
Kula 50 $858,200 2.6% 5.8%
Holualoa 51 $508,500 -7.5% 8.1%
Lihue 52 $546,300 -1.8% 5.7%
West Loch Estate 53 $545,700 -4.5% 8.5%
Ewa Beach 54 $474,200 -0.8% 2.6%
Wahiawa 55 $526,800 -0.8% 3.7%
Urban Honolulu 56 $628,300 0.3% 4.5%
Pukalani 57 $620,300 0.1% 4.4%
Kapaa 58 $497,700 -2.3% 3.9%
Royal Kunia 59 $596,100 -0.2% 4.3%
Kahuku 60 $537,000 -5.3% 6.4%
Mililani Mauka 61 $641,900 0.3% 4.4%
Waimanalo 62 $586,400 4.5% 0.0%
Kalaoa 63 $501,000 -0.8% 2.4%
Makakilo 64 $577,400 1.3% 2.3%
Hauula 65 $596,500 -3.2% 6.2%
Pupukea 66 $1,172,900 -3.5% 11.6%
Halawa 67 $671,400 -0.8% 5.1%
Mililani Town 68 $590,900 -0.4% 3.1%
Kilauea 69 $631,400 -14.5% 9.0%
Waipahu 70 $573,300 0.3% 1.9%
Kaunakakai 71 $317,800 -6.3% 0.6%
Wailea 72 $936,400 -4.0% 9.2%
Waialua 73 $671,500 -1.0% 4.3%
Kahaluu 74 $842,200 -1.7% 4.7%
Kailua Cdp (Honolulu County) 75 $901,200 -1.1% 4.5%
East Honolulu 76 $888,400 -0.2% 3.4%
Pearl City 77 $626,300 -2.1% 3.3%
Kaneohe 78 $697,000 -2.7% 4.9%
Ahuimanu 79 $630,200 -2.7% 3.7%
Koloa 80 $526,400 -2.1% -5.6%
Waimanalo Beach 81 $468,000 -8.7% 0.2%
Captain Cook 82 $487,300 -9.8% 0.7%
Aiea 83 $756,200 -2.7% 3.2%
Maunawili 84 $948,400 -4.9% 1.7%

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