New Listings - Every 1 Min ? MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service.
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Total 164 Hilo Homes - 45 loaded
New Listings - Every 1 Min ?MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service.
Over the past 3 years, an average of 280 fee simple homes sold per year in Hilo. This large sample size makes the graph a highly reliable indicator of market trends.
The Hilo graphs use median data points instead of averages, as the median is less affected by extreme outliers and better reflects typical trends.
Hilo Homes Market Summary (July '24 - June '25 vs July '23 - June '24)
Median Sales Price: $601,000 vs $542,000 — up 10.89%
Number of Sales: 271 vs 264 — up 2.65%
List-to-Sale Price Ratio: 97.56% vs 98.55% — down 1.00%
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We exclude Leasehold data from this market analysis because Leasehold properties do not compare with regular Fee Simple properties.
We use median instead of the average because it depicts more accurately a central tendency to the sample size. Example: Take 5 numbers - 3, 5, 7, 9, 21. The median is 7 (the middle number) and the average is 9 (sum of all divided by 5).
We count days on market from listing date through closing date.
