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Fresh Picks and Dream Homes: Explore the Best Homes for Sale Near Hilo Farmers Market on the Big Island

Posted by benjamen.harper@gmail.com on October 16, 2024

Big Island

Homes for sale near Hilo farmers market

Corner of Kamehameha Avenue and, Mamo St

Homes for sale near Hilo farmers marketImage

Table of Contents

Quick Facts
Homes for Sale Near Hilo Farmers Market
Real Estate Opportunities Near the Market
Neighborhoods Near the Market
Market Insights
Lifestyle Near the Market
Frequently Asked Questions
Resources & Links
For Buyers & Sellers

Quick Facts

• Hilo Farmers Market is located in downtown Hilo on the Big Island of Hawaii.
• Homes for sale near Hilo Farmers Market can range from modern properties to historic homes.
• Median home prices near Hilo Farmers Market are around $600,000 to $800,000.
• Many homes in the area offer stunning views of Hilo Bay and surrounding landscapes.
• Properties near Hilo Farmers Market can be found in neighborhoods such as Hilo Town, Hilo Park, and Reed’s Island.
• Home prices may vary depending on factors like location, size, and condition.
• Rentals in the area can range from $1,500 to $3,500 per month for a single-family home.
• The proximity to Hilo Farmers Market makes homes in the area ideal for those who enjoy fresh produce and local products.
• Some local and real estate agents know the market well and offer their services to help you find your dream home.
• There are some condos and townhouses for sale near Hilo Farmers Market with prices between $300,000 to $600,000.

Homes for Sale Near Hilo Farmers Market

If you’re looking to invest in a home that offers a unique blend of natural beauty, outdoor recreation, and easy access to fresh produce, then consider homes for sale near the Hilo Farmers Market. Located on the Big Island of Hawaii, this thriving market is a hub of activity every Saturday morning, attracting visitors and locals alike.

The Hilo Farmers Market is a premier destination for buying fresh, locally grown produce, artisanal products, and delicious prepared foods. On any given Saturday, you can sample the best of Hawaii’s agricultural bounty, from sweet pineapples and papayas to fragrant anthurium flowers and organic greens. With its lively atmosphere, talented vendors, and stunning tropical surroundings, it’s no wonder that the market has become a beloved gathering place for the community.

Real Estate Opportunities Near the Market

Homes for sale near the Hilo Farmers Market offer a range of possibilities for buyers, from cozy cottages to spacious family homes. Whether you’re a first-time buyer, an investor, or a seasoned homeowner, you’ll find something to suit your needs and budget.

Here are a few types of properties you might find in the area:

Residential Properties:
- Single-family homes with 2-4 bedrooms and 1-2 bathrooms
- Modern condominiums with 1-3 bedrooms and 1-2 bathrooms
- Charming bungalows with 2-3 bedrooms and 1 bathroom
Farm Properties:
- Small-scale coffee farms with 1-2 acres of land
- Tropical fruit orchards with 2-5 acres of land
- Livestock farms with 5-10 acres of land

Neighborhoods Near the Market

Some popular neighborhoods near the Hilo Farmers Market include:

Hilo Town: This historic neighborhood is known for its charming architecture, tree-lined streets, and vibrant arts scene.
Orchidland Estates: This upscale neighborhood offers spacious homes, lush gardens, and breathtaking views of Hilo Bay.
Keaukaha: This scenic neighborhood is nestled in a valley surrounded by tropical rainforests and waterfalls.

Neighborhood	Median Home Price	Average Rental Income
Hilo Town	$450,000	$2,000/month
Orchidland Estates	$600,000	$3,500/month
Keaukaha	$350,000	$1,800/month

Market Insights

The Hilo real estate market has been growing steadily in recent years, driven by increasing demand for homes near the farmers market.

Market Trends

10% increase in home prices over the past 2 years
20% increase in rental income over the past 3 years
High demand for short-term vacation rentals

Demographics

Median age: 45-54 years old
Median household income: $80,000-$100,000 per year
Education: 30% of residents have a bachelor’s degree or higher

Transportation

Close proximity to Hilo International Airport (ITO)
Easy access to Highway 19 and Highway 200
Public transportation options, including TheBus and taxis

Lifestyle Near the Market

Living near the Hilo Farmers Market offers a unique lifestyle that combines rural tranquility with urban convenience. Imagine waking up every Saturday morning to the sound of birds chirping, and strolling down to the market to sample the freshest produce on the island. From surfing to snorkeling, hiking to horseback riding, there’s no shortage of outdoor activities to enjoy in and around Hilo.

Outdoor Activities

Akaka Falls State Park: A lush tropical rainforest with stunning waterfalls and hiking trails
Mauna Kea: A dormant volcano with breathtaking sunsets and stargazing opportunities
Hapuna Beach: A white-sand beach with crystal-clear waters and snorkeling opportunities

Local Events

Hilo Farmers Market: Every Saturday morning, 7am-12pm
Merrie Monarch Festival: A 1-week festival celebrating Hawaiian culture, music, and dance
Hilo Bayfront Festival: A summer festival with live music, food vendors, and children’s activities

Frequently Asked Questions

Frequently Asked Questions about homes for sale near the Hilo Farmers Market

Q: What is the Hilo Farmers Market?
A: The Hilo Farmers Market is a popular market located in downtown Hilo, Hawaii on the Big Island. It features a wide variety of local produce, flowers, baked goods, and handmade crafts.

Q: Why would I want to live near the Hilo Farmers Market?
A: Living near the Hilo Farmers Market can be convenient for those who want to buy fresh local produce and support small businesses in their community. It can also be a great way to connect with the local culture and community.

Q: What types of homes are available for sale near the Hilo Farmers Market?
A: There are a variety of homes available for sale near the Hilo Farmers Market, including single-family homes, condos, townhouses, and apartments. Prices and amenities can vary widely depending on the location, size, and condition of the home.

Q: What is the average price of a home near the Hilo Farmers Market?
A: The average price of a home near the Hilo Farmers Market can vary depending on the location, size, and condition of the home. However, prices in the area tend to be higher than in other parts of the island due to the desirability of the location.

Q: Are there any homes for sale near the Hilo Farmers Market that are within walking distance?
A: Yes, there are many homes for sale near the Hilo Farmers Market that are within walking distance to the market. These homes can be single-family homes, condos, or apartments and can offer a range of amenities, including views of Hilo Bay, proximity to parks and shopping, and easy access to public transportation.

Q: Can I find homes for sale near the Hilo Farmers Market with views of the ocean?
A: Yes, there are many homes for sale near the Hilo Farmers Market that offer stunning views of the ocean. These homes can range from single-family homes to condos and can offer amenities such as private lanais and oceanfront access.

Q: Are there any homes for sale near the Hilo Farmers Market that are suitable for families?
A: Yes, there are many homes for sale near the Hilo Farmers Market that are suitable for families. These homes can range from single-family homes to townhouses and can offer amenities such as multiple bedrooms, bathrooms, and outdoor play areas.

Q: How do I find homes for sale near the Hilo Farmers Market?
A: You can find homes for sale near the Hilo Farmers Market by searching online for real estate listings in the area or by contacting a local real estate agent. They can provide you with information about available homes and help you navigate the home buying process.

Resources & Links

Zillow – Homes for sale near Hilo Farmers Market
Redfin – Homes for sale near Hilo Farmers Market
Realtor.com – Homes for sale near Hilo Farmers Market
Hawaii Life – Homes for sale near Hilo Farmers Market
Homes.com – Homes for sale near Hilo Farmers Market

For Buyers & Sellers

The Impact of Homes Near Hilo Farmers Market on Local Real Estate

As a hub of local culture and commerce, the Hilo Farmers Market has become a significant factor in the real estate market of Hilo, Hawaii. For home buyers and sellers, properties near the market present a unique set of advantages and drawbacks. Here’s a personal summary of how this topic affects local real estate:

Buyer Benefits

Convenience and Community: Homes near the Hilo Farmers Market offer buyers the convenience of being within walking distance to fresh produce, artisanal goods, and community events. This proximity fosters a sense of community and connection to the local culture.
Increased Property Value: The presence of a bustling farmers market can increase property values over time, as buyers are willing to pay a premium for proximity to this popular attraction.
Lifestyle Amenities: Residents can enjoy a diverse range of food, entertainment, and shopping options, creating a desirable lifestyle for those looking for an urban experience in a rural setting.

Buyer Drawbacks

Traffic and Parking: The Hilo Farmers Market can generate traffic and parking issues, which may be a concern for buyers looking for a peaceful and quiet living environment.
Noise and Disruptions: The market’s daily operations can also lead to noise and disruptions, potentially affecting buyers who value a serene atmosphere.

Seller Benefits

Increased Demand: Properties near the Hilo Farmers Market may attract more interested buyers, leading to increased demand and potentially higher selling prices.
Unique Selling Point: Sellers can highlight the market’s proximity as a desirable feature, differentiating their property from others in the area.
Potential for Rental Income: Properties near the market may also offer opportunities for short-term rentals or vacation rentals, allowing sellers to generate additional income.

Seller Drawbacks

Market Fluctuations: Changes in the market’s popularity or operating schedule can impact property values and desirability.
Zoning and Regulations: Sellers should be aware of zoning and regulatory issues related to the market, as they may affect property use and values.

Ultimately, the impact of the Hilo Farmers Market on local real estate is multifaceted and depends on individual buyer and seller preferences. While proximity to the market can be a significant draw for some, others may find it less appealing due to concerns about traffic, noise, and disruptions. As a buyer or seller, it’s essential to weigh these factors and consider how they align with your personal priorities and goals.