Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 18,658, 5,973 total housing units (homes and apartments), and a median house value of $788,157, real estate costs in Wahiawa are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Hawaii communities.
Single-family detached homes are the single most common housing type in Wahiawa, accounting for 57.82% of the town's housing units. Other types of housing that are prevalent in Wahiawa include large apartment complexes or high rise apartments ( 25.69%), row houses and other attached homes ( 10.63%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.76%).
The most prevalent building size and type in Wahiawa are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 52.64% owning and 47.36% renting.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Wahiawa's housing was primarily built during this period, from the '40s through the '60s. A full 55.23% of the town's housing hails from this era. Other housing ages represented in Wahiawa include homes built between 1970-1999 ( 30.27%) and housing constructed between 2000 and later ( 7.44%). There's also some housing in Wahiawa built before 1939 ( 7.06%).
Wahiawa's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Wahiawa during the period has been just 5.34%, which is lower than 80% of US communities.
Over the last year, Wahiawa appreciation rates have trailed the rest of the nation. In the last twelve months, Wahiawa's appreciation rate has been -3.48%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Wahiawa were at -0.79%, which equates to an annual appreciation rate of -3.13%.
Notably, Wahiawa's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Hawaii, our data show that Wahiawa's latest annual appreciation rate is lower than 50% of the other cities and towns in Hawaii.
One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Wahiawa differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Wahiawa - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Wahiawa real estate investment or home purchase decisions.
$788,157
for Hawaii
for nation
5,973
$2,362 / per month