Hilo, HI
Housing market overview · Updated weekly
$600,000median sale price
Homes sold
15
Last 12 weeks
Days on market
136
Average pace
Active listings
116
7.7 months supply
Sale-to-list
97.4%
Below asking
The Hilo housing market is currently classified as a buyer's market with a median sale price of $600,000. Prices have risen 13.2% compared to last year, with homes spending an average of 136 days on market, indicating 7.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Hilo?
The median home sale price in Hilo is $600,000, up 13.2% from last year.
How long do homes stay on market in Hilo?
Homes typically spend 136 days on market before going under contract.
Is Hilo a buyer's or seller's market?
With 7.7 months of supply, Hilo is currently a buyer's market.
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