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Big Island Real Estate Prediction 2025: Where Will Prices Soar?

Posted by benjamen.harper@gmail.com on November 18, 2024

Big Island

Big Island Real Estate Prices in 2025: Regions Expected to Rise

Waimea, HI

Big Island Real Estate Prices in 2025: Regions Expected to RiseImage

Quick Facts

Kona is projected to see steady appreciation, driven by tourism trends.
Hilo will likely experience modest price growth fueled by affordable housing demand.
Luxury properties in areas like Waimea and South Kohala will remain highly sought-after.
Upcountry communities, like Volcano and Mountain View, may witness slower price increases due to limited amenities and accessibility.
Coastal areas with strong rental demand, like Kealakekua and Captain Cook, will likely see above-average price gains.
Agricultural land values may rise slightly as food security concerns and local farming initiatives gain traction.
Condos and multi-family properties in desirable locations will continue to be competitive.
The overall Big Island real estate market is expected to remain relatively balanced, though areas experiencing population growth will see more competition.
Continued development and infrastructure improvements will likely lead to price appreciation in regions like West Hawaii.
Rising interest rates and economic uncertainty could moderate price growth across all sectors.

Big Island Real Estate Prices in 2025: Regions Expected to Rise

Hawaii Island, with its diverse landscapes and undeniable allure, continues to captivate buyers from across the globe. As we stand at the precipice of 2023, the question on everyone’s mind is: where will the Big Island’s real estate market head in 2025?

While predicting the future is a delicate dance, analyzing current trends and market factors allows us to anticipate promising regions poised for growth. HawaiiEliteRealEstate.com, your trusted local expert with offices throughout the island (808-866-6593), has compiled insights into the Big Island’s most promising real estate markets for 2025.

Key Drivers of Growth

Before diving into specific regions, it’s essential to understand the forces shaping Big Island real estate.

Remote work has transformed the way people live and work, making island paradise a more feasible destination. The influx of remote workers seeking a higher quality of life has fueled demand across the island, particularly in areas offering a balance of convenience and tranquility. The ongoing development of infrastructure, including improved connectivity and expanded healthcare facilities, further enhances the Big Island’s appeal. This progress creates a ripple effect, attracting more residents and businesses, thereby driving property values upward.

Technological advancements like renewable energy solutions are also attracting eco-conscious buyers seeking sustainable living options. The Big Island’s commitment to renewable sources, particularly geothermal and solar power, has positioned it as a leader in sustainable living.

Regions to Watch

Here are some key regions on the Big Island projected to see significant real estate growth in the coming years:

Waikoloa

This master-planned community on the west coast already boasts a thriving tourism industry, upscale resorts, and championship golf courses. Its strategic location on the Kona side, coupled with its amenities and proximity to major infrastructure projects, makes it a prime location for both residents and investors.

Holualoa

Nestled amidst lush coffee plantations on the Kona side, Holualoa offers a quintessential Big Island experience. This charming artists’ community attracts those seeking a quieter lifestyle, beautiful scenery, and a strong sense of community.

Keauhou

Located south of Kailua-Kona, Keauhou offers a blend of coastal living and convenient access to amenities. The area’s upscale condominiums, waterfront dining, and proximity to Keauhou Shopping Center make it an attractive option for both families and retirees.

South Kohala

Stretching from Waikoloa to Hawi, South Kohala encompass diverse landscapes, from stunning beaches to volcanic vistas. Rising property values in this region are driven by the limited supply of land and the growing demand for luxury homes.

Region	Projected Growth Drivers	Key Features
Waikoloa	Tourism, Infrastructure Development	Upscale resorts, Golf courses, Master-planned community
Holualoa	Charming Artist Community, Coffee Plantations	Tranquil atmosphere, Stunning scenery, Strong sense of community
Keauhou	Coastal Living, Convenient Amenities	Upscale condominiums, Waterfront dining, Shopping Center

Investing in Your Big Island Future

As the Big Island’s real estate market continues to evolve, staying informed is crucial. HawaiiEliteRealEstate.com brings decades of experience and local market expertise to the table, guiding you through every step of your real estate journey. Whether you’re a seasoned investor or a first-time homebuyer, our team of dedicated professionals are ready to assist you in finding your slice of paradise.

Contact us today at 808-866-6593 or visit our website to explore the exciting opportunities awaiting you in the Big Island’s vibrant real estate market. Let us help you turn your dreams of island living into a reality.

Frequently Asked Questions: Big Island Real Estate Prices in 2025: Regions Expected to Rise – FAQ

**Q: Where on the Big Island are real estate prices expected to rise the most in 2025?**

A: While predicting the market with certainty is impossible, several areas are anticipated to see significant price increases in 2025. These include:

Kona

Continued high demand from both buyers and investors, driven by its sunny climate, attractive beaches, and growing tourism industry, is expected to fuel price growth in Kona.

Waimea

This upcountry region is experiencing a resurgence in popularity due to its cooler climate, rural charm, and accessibility to outdoor activities.

Along the Kohala Coast

Luxury developments and growing resort infrastructure are likely to contribute to higher property values in this upscale region.

**Q: What factors are influencing these rising prices?**

A: Several factors are at play:

Limited inventory: The Big Island has faced a persistent shortage of available homes for sale, leading to increased competition and higher prices.
Strong demand: Continued migration to Hawaii, coupled with a robust tourism sector, is driving up demand for real estate.
Low interest rates (anticipated): Historically low interest rates are making it more affordable for buyers to secure financing, further stimulating demand.

**Q: Are there any specific property types that are expected to see more significant price increases?**

Condos and Townhomes: Growing popularity among vacationers and second homeowners is expected to drive up prices for these more affordable options.
Luxury Single-Family Homes: Demand for high-end properties in desirable locations will likely continue to remain strong, pushing prices upward.

**Q: What advice do you have for buyers considering purchasing on the Big Island in 2025?**

Work with a local real estate agent: A knowledgeable agent can provide valuable insights into market trends and help you navigate the buying process.
Be prepared to move quickly: With limited inventory, properties often sell swiftly. Be ready to make an offer promptly when you find the right home.
Factor in ongoing costs: Remember to consider property taxes, insurance, and maintenance expenses when budgeting for your purchase.

Resources & Links

Here are five clickable HTML links related to Big Island real estate predictions for 2025:

**Please note:** While these links provide valuable resources, real estate predictions are inherently uncertain.

For Buyers & Sellers

As a big island resident, the thought of real estate prices continuing to rise in 2025 brings both excitement and apprehension.

For Buyers:
It means we’ll be facing even stiffer competition and potentially higher mortgage rates, making it harder to get our foot in the door, especially if we’re not prepared with a strong offer and a hefty down payment. I’m worried about being priced out of the neighborhoods I love, and it might force some families to consider less desirable areas or wait even longer to achieve their homeownership dream.

For Sellers:
The upside is that our existing homes will likely appreciate significantly, giving us a larger return on investment when we decide to sell. However, we need to be mindful that rising prices might also drive up the cost of renovations and repairs, eating into our profits.

**Overall:**
While I see opportunities for sellers to capitalize on the positive trends, the rising prices are concerning for buyers like myself. It feels like a constant race against the clock, and I hope that future planning and responsible development can help balance the market and make homeownership more attainable for everyone.