Waiakea Mission Station-Hilo Station · Photo: W Nowicki · CC BY 3.0227 homes sold in Hilo in the last year, at a typical $565K
About one sale in 5 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Hilo homes are listed.
Every place Hilo homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Hilo.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
18% of Hilo’s sales are condos, at $283K less than a house
178 houses and 40 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 178 sold in 12 months
- Per square foot
- $425HI $625
- Days to sell
- 108
- Sold over asking
- 19%
- Listings with a price cut
- 17%
typical sale · 40 sold in 12 months
- Per square foot
- $380HI $724
- Days to sell
- 345
- Sold over asking
- 8%
- Listings with a price cut
- 21%
Multi-family (2–4 units): 7 sold, typical $716K
Townhouses: 2 sold, typical $445K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at twice the 2016 price
227 sales in the last year, against 414 in 2021 and a low of 194 in 2012. The typical sale went from $291K in 2016 to $565K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $550K buys in Hilo
Check a listing against what Hilo homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Hilo are more common than before the pandemic, with about as many homes for sale
We read every month of Hilo’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 227 sales.
If you’re buying in Hilo
- Shop in September. It brings about 25 new listings a month, close to the busiest month, with fewer bidding wars (15% over asking).
- Some room to negotiate. 18% of listings cut their price, about as many as before the pandemic.
- Offer under asking. Buyers paid 97.4% of the list price on average; 17% paid over.
- You’ll usually have time. Only 19% of homes go under contract within two weeks; the typical one takes 115 days.
Summer brings both the most homes and the most bidding wars
August has the most new listings (about 29 a month), but June is the most competitive: 24% of June sales close over asking. September has the least competition (15%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Hawaii as a whole
| Hilo now | 2017–19 | 2021 peak | HI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 17% | 12% | 27% | 16% |
| Gone within two weeksShare of homes under contract within 14 days | 19% | 22% | 37% | 24% |
| Listings with a price cutShare of homes for sale that cut their price | 18% | 18% | 11% | 17% |
| Price paid vs. askingAverage sale price ÷ list price | 97.4% | 96.1% | 99% | 97.6% |
| Days to sellMedian days from listing to contract | 115 | 152 | 94 | 98 |
114 homes for sale on a typical day
That’s 1.4 times the 2023 low (81), about the 2017–19 level and well under 2019’s 159.
1 in 5 listings has cut its price
18% in the last year, against 18% in 2017–19 and 17% across Hawaii.
Since 2019, houses are up 63%, condos 115%
A house typically sold for $596K in the last year (178 sales), a condo for $312K (40).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Hilo ranks 25th of 43 busy Hawaii markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Hilo is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Hilo home costs about $3,074 a month
Price: Hilo’s typical sale, last 12 months. Property tax at Hilo’s 0.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Hilo is affordable on local pay is on Cost of living.
Five things worth knowing
New listings in August
The month with the most choice. December has the fewest, about 20.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $565K home, about $1,510 a year.
Taxes vs. neighborsCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Hawaiian Paradise Park, Orchidlands Estates, Hawaiian Acres, Tiki Gardens, Fern Acres and Mountain View sell for less a square foot
The busier markets within 25 miles of Hilo, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Hawaiian Paradise Park | 232 | $516K | $352 | 17% | 133 |
| Hilo | 227 | $565K | $417 | 17% | 115 |
| Mountain View | 45 | $348K | $352 | 18% | 257 |
| Orchidlands Estates | 35 | $426K | $334 | 11% | 170 |
| Hawaiian Acres | 31 | $325K | $326 | 13% | 130 |
| Fern Acres | 28 | $365K | $308 | 18% | 136 |
| Tiki Gardens | 21 | $338K | $312 | 52% | 65 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Hilo, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Hilo. People who follow the town see it, and so do people comparing Hilo with their own town. No commission, no listing fee.
Questions about buying a home in Hilo
What do homes sell for in Hilo, HI?
227 homes sold in the year to May 2026 at a typical $565K, $417 a square foot. Houses sold for about $596K, condos for about $312K.
Is Hilo a buyer’s or seller’s market?
A buyer’s market: 114 homes were for sale in May 2026 and 16 sold, about 7.1 months of supply. Buyers paid 97.4% of asking on average, and 18% of listings cut their price.
When is the best time to buy in Hilo?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Hilo?
About 0.3% of a home’s value a year. On a $565K home that’s near $1,510.
Where can I see homes for sale in Hilo?
Zillow, Redfin, Realtor.com and Homes.com all carry Hilo’s MLS listings; the search links above open each one filtered to Hilo.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).