East Hawai‘i Real Estate Sales Market update

tomsmith219
May 30
3 min read

📍 East Hawai‘i market update April 2025: Slower Sales, More Selection, Smarter Strategy

As April came to a close, the Hawai‘i Island housing market continued to show signs of a shift—particularly in East Hawai‘i, where buyers had more choices, and sellers adjusted to longer listing times. Whether you're navigating the East Hawaii Real Estate market, eyeing land in Puna, or preparing to sell in Hamakua, here’s what you need to know.

🏡 Single-Family Homes in East Hawai‘i: A Buyer's Market Emerging

Across the island, single-family home sales dipped while inventory rose—and East Hawai‘i is feeling it most.

📊 Key Island-Wide Stats:

Median Sales Price: $600,000 🔻 (down from March)
Days on Market: 63 days
Active Listings: 908
New Listings: 274 (↑ from 238 in April 2024)
Sold Listings: 151 (↓ from 182)

🔍 In East Hawai‘i (Hilo & Puna):

A noticeable uptick in listings is giving buyers more negotiating power.
Homes are taking longer to sell, and sellers are adjusting pricing expectations.
Affordable inventory is holding steady—especially in subdivisions like Ainaloa, Hawaiian Paradise Park, and Orchidland.

💡 If you’re buying in East Hawai‘i: this is your moment to act while options are abundant.

🏢 Condos: East Hawai‘i Sees Fewer Transactions, Longer Waits

While West Hawai‘i condo sales often grab the spotlight, East Hawai‘i’s smaller condo market saw a steep drop in sales this April.

📊 Island-Wide Stats:

Median Sales Price: $582,500 🔻
Days on Market: 80 days
Active Listings: 342
New Listings: 89
Sold Listings: 48 (↓ from 78)

🔍 East Hawai‘i Takeaway:

With limited condo inventory in areas like Hilo town, Keaukaha, and Waiākea, buyers still have to act fast on move-in-ready units.
However, the sharp drop in sales means patient buyers may find better value and flexible sellers.

🌱 Land: Still Affordable in East Hawai‘i

East Hawai‘i continues to lead the island in affordable land opportunities, with plenty of new and active listings across Puna, Hilo, and Hāmākua.

📊 Island-Wide Stats:

Median Sales Price: $54,875 🔺 (slight increase from March)
Days on Market: 95 days
Active Listings: 1,128
New Listings: 242
Sold Listings: 162

🔍 Local Insight:

Puna remains the most active and accessible market for raw land, ideal for off-grid living or long-term investment.
Developers and do-it-yourselfers continue to eye Nanawale, Hawaiian Acres, and Fern Forest as value-rich areas.

🔮 What This Means for East Hawai‘i Buyers & Sellers

For Buyers:

✅ East Hawai‘i is offering more choice across all property types⚠️ Still do your due diligence—especially for land (check lava zones, permits, infrastructure)🎯 Good properties in Hilo and Waiākea still move quickly—be ready

For Sellers:

⚠️ Homes and condos are sitting longer on the market—strategic pricing is key✅ Leverage growing demand from buyers seeking affordability and space📸 Highlight lifestyle value—think lush settings, privacy, and local charm

🌺 Team Alaka‘i Insight

“In East Hawai‘i, market conditions are shifting in favor of well-prepared buyers and smart, strategic sellers. If you're serious about making a move, let Team Alaka‘i guide you with insight, experience, and aloha.”

Click the banner below to schedule a FREE consultation with Team Alaka‘i — let’s talk about your goals and how to navigate this evolving market with confidence.