Unlocking Paradise: A Guide to Big Island Real Estate on Zillow
big island real estate zillow
Quick Facts
- Home values in Big Island have gone up 8.9% over the past year.
- The median home value is $508,500.
- Big Island has seen a 1.2% decrease in the number of homes listed for sale in the past month.
- The median listing home price is $799,000.
- Homes in Big Island are listed for 91 days on average before going under contract.
- The average Zillow home value prediction for Big Island in the next year is $564,800, an increase of 11%.
- The 6% mortgage rate is down 1% from a year ago.
- Zillow estimates that renting a 2200 sq ft home in Big Island costs around $3,000 per month.
- The average home size in Big Island is 1,987 square feet.
- The most common home sizes are 3 bedroom and 2 bathroom homes.
- Quick Facts
- Island Life: A Diverse Range of Neighborhoods
- Beyond the Aesthetics: Factors Influencing Big Island Real Estate
- Investing in Paradise: Trends and Considerations
- Ready to Make Your Move?
- Frequently Asked Questions:
- Resources & Links
- For Buyers & Sellers
- Kona: Known for its world-class coffee, stunning coastline, and laid-back atmosphere, Kona is a popular choice for retirees, families, and those seeking a quintessential Hawaiian lifestyle.
- Waikoloa: A planned community on the sunny Kohala Coast, Waikoloa offers luxurious resorts, championship golf courses, and a vibrant nightlife.
- Hilo: The island’s largest city, Hilo is nestled on the lush Hamakua Coast, renowned for its breathtaking waterfalls, vibrant arts scene, and agricultural heritage.
- Island of Hawai’i Volcanoes National Park: For adventurers and nature enthusiasts, Volcano Village offers a gateway to exploring the awe-inspiring Kilauea and Mauna Loa volcanoes.
- Single-family homes
- Condominiums
- Land
- Vacation rentals
- Rising Demand: Driven by lifestyle changes, remote work opportunities, and the allure of island living, demand for Big Island properties continues to surge.
- Limited Inventory: The scarcity of available land and existing homes fuels healthy competition and influences pricing.
- Environmental Factors:Protecting the delicate ecosystem is paramount. Buyers should consider properties that prioritize sustainability and responsible land use.
- Kona: Popular for its sunny weather, beaches, and golf courses.
- Hilo: Offers a cooler climate, lush greenery, and access to Volcanoes National Park.
- Waimea: A charming town with a Western feel, known for ranching and equestrian activities.
- South Kohala: Upscale resorts and communities, with a focus on luxury living.
- Island Life: Utilities and goods can be more expensive on the Big Island due to its remote location.
- Geography: The island’s diverse terrain can impact property availability and accessibility.
- Competition: Popular areas and properties can attract multiple buyers, leading to bidding wars.
- Research: Explore different areas, neighborhoods, and property types to find what suits you best.
- Get Pre-Approved: Secure a mortgage pre-approval to understand your budget.
- Find a Local Agent: An experienced Big Island real estate agent can guide you through the process and provide local insights.
- Zillow – Big Island
- Redfin – Big Island
- Realtor.com – Big Island
- Hawaii Life – Big Island
- Premier Property Group Hawaii – Big Island
- Visibility: Zillow provides a wide range of listings, giving buyers a good overview of the Big Island market. This helps them understand property values, identify potential neighborhoods and see what’s available within their budget.
- Research Tool: Buyers can use Zillow to research properties in depth, looking at photos, virtual tours, recent sales data, and estimated home values. This allows them to make more informed decisions.
- Connect with Agents: Zillow connects buyers with local real estate agents who can provide personalized guidance and expertise throughout the buying process.
- Exposure: Listing on Zillow exposes a property to a much broader audience of potential buyers, increasing the chances of attracting interest.
- Pricing Insights: Zillow’s estimated home values and recent sales data can help sellers price their properties competitively.
- Marketing Tools: Zillow offers various marketing tools to help sellers promote their listings, such as professional photography and virtual tours.
- Zillow’s estimated home values are not always accurate: They are based on algorithms and data, but can vary from the actual market value.
- Online listings are not comprehensive: Some properties may not be listed on Zillow, and it’s important to work with a local real estate agent for a complete picture of the market.
Unlocking Paradise: Your Guide to Big Island Real Estate
Table of Contents
Island Life: A Diverse Range of Neighborhoods
The Big Island boasts a remarkable diversity of communities, each with its unique charm and character.
Beyond the Aesthetics: Factors Influencing Big Island Real Estate
While the breathtaking beauty of the Big Island is undeniable, multiple factors contribute to the complex real estate landscape.
| Factor | Impact |
|---|---|
| Distance from main tourist areas | Properties further from popular tourist spots generally offer greater affordability. |
| Proximity to amenities | Waterfront properties, those near schools, hospitals, and shopping centers often command higher prices. |
| Views | Stunning ocean, volcano, or sunset views significantly increase property value. |
| Climate | Exposure to trade winds, rainfall patterns, and potential for volcanic activity influence desirability and pricing. |
Property Type:
Investing in Paradise: Trends and Considerations
The Big Island real estate market exhibits intriguing trends that potential buyers should be aware of.
Ready to Make Your Move?
HawaiiEliteRealEstate.com is your dedicated partner in making your Big Island real estate dreams a reality. Our experienced team offers in-depth market knowledge, personalized guidance, and unwavering commitment to finding the perfect property for your unique needs.
Contact us today at 808-866-6593 to explore the possibilities and embark on your journey to island living.
Frequently Asked Questions:
What’s the current market like on the Big Island?
The Big Island real estate market is currently a mix of steady demand and increasing inventory. While prices remain generally high, we’re seeing more homes available for buyers to choose from. Waterfront and luxury properties continue to be particularly desirable.
Where are the best neighborhoods to live on the Big Island?
“Best” depends on your lifestyle and priorities.
What are the potential challenges of buying real estate on the Big Island?
How can I get started buying property on the Big Island?
What type of financing is available for Big Island real estate?
Traditional mortgages are available, but some lenders may have specific requirements for island properties. Consult with mortgage professionals to explore your financing options.
Is there a good rental market on the Big Island?
Yes, the Big Island has a strong rental market, particularly for vacation rentals and long-term leases. Tourism and the presence of major employers contribute to the demand.
Where can I find more information about the Big Island real estate market?
Numerous online resources, including Zillow, Realtor.com, and local island websites, provide valuable information about property listings, market trends, and area guides.
Resources & Links
Here are 5 clickable HTML links to real estate websites related to the Big Island of Hawaii:
For Buyers & Sellers
As a language model, I don’t have personal experiences or feelings. But, I can tell you how Big Island real estate on Zillow impacts home buyers and sellers based on the information I’ve been trained on.
For Buyers:
For Sellers:
However, it’s crucial to remember:
Overall, Zillow is a useful resource for both buyers and sellers in the Big Island real estate market, but it should be used in conjunction with professional advice and thorough research.
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