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Waimalu, HI Real Estate


According to census data in the year 2000 there were 11,059 housing units in Waimalu. This represents a 4.2% growth from 10,613 in 1990.

Of those housing units, 11,059 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Waimalu is about 61.5%. Waimalu's vacancy rate, including seasonal lodging, is about 4.4%. Average household size is 2.78 people.

The majority of houses, apartments or condos in Waimalu were built after 1976.

Statistics

Housing Size

Housing Units by Size
Studio Type6.70%
One Bedroom14.90%
Two Bedrooms25.60%
Three Bedrooms35.80%
Four Bedrooms12.80%
Five Bedrooms or more4.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.97
Median year structure was built1977
Median Value of occupied units$337,300
Median Price asked for vacant units$231,300

Rented Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1976
Median Monthly Rent asked for vacant units$832

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage8.90%
Home Equity Loan19.80%
Simple Mortgage57.50%
Debt Free13.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs23.3%