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Navigating the Charm of Haleiwa Oahu Real Estate Market Trends and Opportunities

Posted by benjamen.harper@gmail.com on October 14, 2024
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Quick Facts

  • Haleiwa, Oahu is known as the ‘Historic Surfing Village’ and a popular tourist destination.
  • The area has experienced steady growth in real estate prices, with an average home price of around $840,000.
  • As of 2023, the median home price per square foot in Haleiwa is approximately $550-$700.
  • Rentals are scarce in the area, but the average rent for a single-family home can range from $4,000 to $6,000 per month.
  • Vacant land and lots can range in price from $200,000 for smaller plots to $1 million or more for larger tracts.
  • Many homes and properties in the area are undergoing renovations to increase property value and ensure compliance with current zoning regulations.
  • A mix of luxury homes and more modest dwellings make Haleiwa a diverse community for buyers and renters.
  • Homeowners association (HOA) fees vary by neighborhood, but prospective buyers should expect to add $200-$500 per month for maintenance and community costs.
  • Property taxes in Oahu typically range from 0.8% to 1.1% of the home’s assessed value.
  • There is limited space available for new constructions, making existing properties and renovations a significant portion of the real estate market.

Haleiwa Oahu Real Estate Guide A Treasure Trove of Paradise Found

Located on the famous North Shore of Oahu, Hawaii, Haleiwa is a charming town that offers a unique blend of rich history, stunning natural beauty, and a thriving community. This coastal gem has become a highly sought-after destination for those looking to invest in a piece of paradise, making Haleiwa Oahu real estate a treasure trove of opportunities.

A Brief History of Haleiwa

Haleiwa, which translates to “house of the dew” in Hawaiian, has a rich and storied past that dates back to the early 19th century. Originally a rural agricultural area, the town was transformed into a bustling commercial center during the early 20th century with the establishment of the Haleiwa Sugar Company. Today, the town’s historic architecture and rustic charm are still evident, with many original buildings serving as quaint shops, restaurants, and galleries.

Haleiwa Oahu Real Estate Market Overview

The Haleiwa real estate market is characterized by a diverse range of properties, from cozy beachside bungalows to luxurious estates and condominiums. With its unique blend of country charm and beach town living, Haleiwa has become a popular destination for families, retirees, and individuals seeking a peaceful and picturesque lifestyle.

Haleiwa Oahu Real Estate Market

The median sales price for single-family homes in Haleiwa is around 1 million dollars, with prices ranging from the mid-700,000s to over 5 million dollars. The market for condominiums and townhouses is equally robust, with prices starting in the mid-300,000s and going up to over 1 million dollars.

Investing in Haleiwa Oahu Real Estate

Investing in Haleiwa real estate can be a lucrative and wise decision, with the town’s popularity and growing demand for properties contributing to a steady appreciation in property values. Additionally, the town’s limited supply of properties for sale means that investors can expect a strong return on investment, making Haleiwa a prime location for those looking to buy and hold or rent out their properties.

Things to Consider When Buying Haleiwa Oahu Real Estate

When buying Haleiwa real estate, there are several factors to consider. One of the most important things to think about is the property’s location and proximity to amenities such as beaches, schools, and shopping centers. Additionally, the town’s limited availability of properties for sale means that buyers need to be prepared to act quickly when they find a property that meets their needs and budget.

Top Attractions and Amenities in Haleiwa

Haleiwa is known for its stunning natural beauty, rich history, and thriving community, offering a wide range of attractions and amenities that make it an ideal destination for residents and visitors alike. Some of the top attractions and amenities in the area include:

  • Alii Beach Park, a stunning beach with crystal-clear waters and powdery white sand
  • Haleiwa Town, with its historic architecture, quaint shops, and restaurants
  • North Shore Surfing, a world-renowned surfing destination with consistent waves and beautiful ocean views
  • Dole Plantation, a working pineapple plantation that offers tours, a maze, and a gift shop
  • Haleiwa Farmers Market, a weekly market that features local produce, crafts, and food

Lifestyle and Community in Haleiwa

Haleiwa is a close-knit community that offers a unique and rewarding lifestyle. With its small-town charm, stunning natural beauty, and rich history, the town has become a popular destination for families, retirees, and individuals seeking a peaceful and picturesque lifestyle.

Frequently Asked Questions:

Q: What is Haleiwa and where is it located? A: Haleiwa is a small town on the North Shore of Oahu, Hawaii. It is approximately 30 miles northwest of Honolulu and is the largest settlement in the area.

Q: What types of properties are available in Haleiwa? A: Haleiwa offers a mix of properties, including single-family homes, condominiums, townhouses, and vacant land for sale. Both new and older homes are available in a range of prices to suit different budgets and preferences.

Q: What are the typical prices for real estate in Haleiwa? A: The prices of real estate in Haleiwa vary widely, depending on factors such as the age, size, and location of the property. Single-family homes typically range from around $700,000 to $2 million or more. Condominiums and townhouses are often priced between $300,000 and $1 million.

Q: Are there any new developments or construction projects in Haleiwa? A: Yes, there are several new developments and construction projects in various stages of completion in and around Haleiwa. These projects include new single-family homes, condominiums, and retail and commercial developments.

Q: What are the local amenities and attractions in Haleiwa? A: Haleiwa offers a variety of amenities and attractions, including beaches, parks, restaurants, shops, and surf spots. Popular places to visit include the Haleiwa Beach Park, Alii Beach Park, and the Surf n Sea surf shop.

Q: Are there any good schools in the Haleiwa area? A: Yes, there are several schools in the Haleiwa area, including Haleiwa Elementary School, Waialua High and Intermediate School, and other nearby schools. Some of these schools are highly rated and offer a good education for local children.

Q: Can I find rentals in Haleiwa? A: Yes, there are both short-term and long-term rentals available in Haleiwa, including vacation rentals and properties for rent on a yearly basis. These can be found through local property management companies and online listings.

Resources & Links

Haleiwa Oahu Real Estate: A Unique Market for Home Buyers and Sellers

Located on the North Shore of Oahu, Haleiwa is a charming coastal town that has experienced significant growth and changes in its real estate market. As a hub for surfers, artists, and environmentally conscious individuals, Haleiwa’s unique blend of rural charm and natural beauty attracts home buyers and sellers from diverse backgrounds. Here’s a personal summary of how the Haleiwa Oahu real estate market impacts home buyers and sellers:

Home Buyers:

1. Limited Inventory: Haleiwa’s real estate market is known for its limited inventory, which can lead to intense competition among buyers. This can make it challenging for buyers to find their dream home, especially those looking for specific features or locations.

2. Higher Prices: Due to its popularity and limited supply, Haleiwa’s real estate prices tend to be higher than other areas on the island. Buyers may need to adjust their budget or consider alternative neighborhoods to find a home that meets their needs.

3. Opportunity to Invest in a Unique Community: Haleiwa’s rural charm and strong sense of community make it an attractive investment opportunity for buyers. With its growing popularity, buyers can expect their property value to appreciate over time.

Home Sellers:

1. High Demand: Haleiwa’s limited inventory and growing popularity create a high demand for homes, which can result in faster sales and competitive prices.

2. Price Premium: Home sellers in Haleiwa can expect to receive a price premium due to the area’s unique characteristics and attractions.

New Listings & Properties for Sale in haleiwa oahu real estate

Haleiwa, HI Real Estate & Homes for Sale – Realtor.com

North Shore, Oahu, HI Real Estate & Homes for Sale

Haleiwa, HI Houses and Single Family Homes For Rent

Find Realtors & Real Estate Agents in Haleiwa, HI

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