Housing in Hilo, HI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$492,500
Median List Price
$595,000
Price Per Sq Ft
$477
Days on Market
104
Active Inventory
109
Months of Supply
6.1
Buyer's market
Zillow Home Value
$531,457
ZHVI — January 2026
Zillow Rent Index
$1,851
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
11.1%
Off Market in 2 Weeks
7.1%
Sale-to-List Ratio
98.0%
Buyer's market
Market Activity
Source: RedfinHomes Sold
18
New Listings
23
Pending Sales
28
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$477
Median List $/SF
$427
Hilo vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Hilo is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$455,100
Median Rent
$1,347
Total Housing Units
18,905
Vacancy Rate
9.4%
Owner Occupied
65.5%
Renter Occupied
34.5%
Median Property Tax
$1,232
per year
Monthly Cost (w/ Mortgage)
$993
Housing Types
The current median sale price in Hilo, HI is $492,500 according to Redfin data. Homes spend a median of 104 days on the market. 11.1% of homes sold above asking price. The market has 6.1 months of supply. The median price per square foot is $477. Zillow's observed rent index is $1,851/month. About 65.5% of housing units are owner-occupied. The median year homes were built is 1978. There are 18,905 total housing units.