Home

Honolulu, HI Real Estate


According to census data in the year 2000 there were 158,659 housing units in Honolulu. This represents a 8.8% growth from 145,796 in 1990.

Of those housing units, 157,655 were located in either urbanized areas or urban clusters, and 1,004 were located in what is classified as a rural area.

Homeownership rate in Honolulu is about 46.9%. Honolulu's vacancy rate, including seasonal lodging, is about 11.6%. Average household size is 2.57 people.

The majority of houses, apartments or condos in Honolulu were built after 1969.

Statistics

Housing Size

Housing Units by Size
Studio Type14.60%
One Bedroom26.80%
Two Bedrooms26.70%
Three Bedrooms18.40%
Four Bedrooms8.70%
Five Bedrooms or more4.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.78
Median year structure was built1968
Median Value of occupied units$386,700
Median Price asked for vacant units$365,200

Rented Homes, Apartments and Condos

Average Household Size2.38
Median year structure was built1970
Median Monthly Rent asked for vacant units$773

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage7.30%
Home Equity Loan10.80%
Simple Mortgage40.70%
Debt Free40.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.1%