The 10 Best Places To Buy A House In Hawaii For 2022


Using science and data, we can tell you which places in Hawaii have seen home prices rising and people flocking over the past year.

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Editor’s note: This is not investment advice and we are not financial advisers. Article updated for 2022.

There's a the age old question everyone thinks about when they decide to move to a city in Hawaii:

Should I buy a place or rent? Well, we aren't here today to solve that problem for you exactly. We are just assuming you'll do the right thing and a buy a place. And while we are happy to tell you the best place to live in Hawaii, this analysis is going to tackle the question of the best place to buy a house as an investor. That is we are going to try and determine the up and coming cities in the Aloha State.

To do that we are going to look at places in Hawaii that are growing faster than average, but where home prices are below average. In every day terms, the "deals". The best deal in Hawaii at the moment? That would be Pahala according to our analysis.

Here's a look at the top ten places to buy a home in Hawaii for 2022.

The 10 Best Places To Buy A Home In Hawaii For 2022

  1. Pahala
  2. Mokuleia
  3. Kahuku
  4. Paia
  5. Honokaa
  6. Kealakekua
  7. Anahola
  8. Koloa
  9. Keokea
  10. Wailua

What's the best place to buy a home in Hawaii for 2022? According to our analysis, would the the ideal place to buy a home looking into the future.

The methodology that wen't into this can be a bit complicated, so we'll break it down for you in as much detail as we can below. If you're not worried about finding a deal on good places to live, check out the most expensive places to live in Hawaii and, for those of you on a budget, the cheapest places to live in Hawaii.

For more Hawaii reading, check out:

The 10 Best Cities To Buy A House In Hawaii For 2022

Overall SnackAbility

6
/10

Population: 2,023
Median Home Price: $190,300
Population Change: 10.7%
Home Price Change: -6.2%
More on Pahala: Homes For Sale | Data

Overall SnackAbility

7
/10

Population: 2,176
Median Home Price: $717,500
Population Change: 11.1%
Home Price Change: 4.7%
More on Mokuleia: Homes For Sale | Data

Overall SnackAbility

6
/10

Population: 2,226
Median Home Price: $601,100
Population Change: 5.0%
Home Price Change: 0.5%
More on Kahuku: Homes For Sale | Data

Paia, HI

Overall SnackAbility

7
/10

Population: 2,285
Median Home Price: $737,100
Population Change: 1.6%
Home Price Change: 6.0%
More on Paia: PhotosHomes For Sale | Data

Honokaa, HI

Overall SnackAbility

5
/10

Population: 2,339
Median Home Price: $359,400
Population Change: 12.5%
Home Price Change: 2.4%
More on Honokaa: PhotosHomes For Sale | Data

Overall SnackAbility

7
/10

Population: 2,393
Median Home Price: $479,200
Population Change: 24.4%
Home Price Change: -2.6%
More on Kealakekua: Homes For Sale | Data

Overall SnackAbility

6
/10

Population: 2,425
Median Home Price: $440,100
Population Change: 4.9%
Home Price Change: 0.3%
More on Anahola: Homes For Sale | Data

Koloa, HI

Overall SnackAbility

7
/10

Population: 2,448
Median Home Price: $663,600
Population Change: -10.6%
Home Price Change: 12.2%
More on Koloa: PhotosHomes For Sale | Data

Overall SnackAbility

6
/10

Population: 2,471
Median Home Price: $753,800
Population Change: 9.9%
Home Price Change: 15.0%
More on Keokea: Homes For Sale | Data

Wailua, HI

Overall SnackAbility

7
/10

Population: 2,481
Median Home Price: $532,300
Population Change: -14.9%
Home Price Change: 8.0%
More on Wailua: PhotosHomes For Sale | Data

Methodology: How do you determine the best places to buy a home in Hawaii for 2022?

We were in real estate for almost five years and have been working on this site for another three. Suffice is to say, we've put a lot of thought into what goes into finding a good place to buy a home.

So all that thinking has come to this moment where we get to spell out how we'd approach finding an up-and-coming place to live in Hawaii. Put differently, the analysis will try to find places in Hawaii with undervalued homes relative to pent up demand.

To do that we looked at the most recent American Community Survey Census data for 2016-2020 and compared it to the previous vintage (2012-2016). Specifically, we used the following criteria:

  • Y-o-Y Change In Population (People want to live here)
  • Y-o-Y Change In Median Home Prices (People are willing to pay for it)
  • Home Prices Relative To The State Average (It's still kinda cheap)

We want places that are growing, have seen home prices increase in recent years, and are still "cheap" for Hawaii with the following caveats:

So of the 0 cities and towns in Hawaii, only 88 places made it through our initial filters to even be considered.

We then ranked each place from 1 to 88 for the criteria mentioned above with 1 being the best for that criteria. We averaged the rankings to create a "best place to buy" index with the place having the lowest index being the best. You can download the data here.

Turns out that Pahala is the best potential gem in the not-so-rough in the Aloha State.

Read on for more on these places.

Summary: The Best Places To Purchase A House In Hawaii for 2022

There's our analysis of the best places to buy a house in Hawaii. And, to be clear, we aren't necessarily saying these places are the best places to live, just that it looks like they might be in a couple of years based on the data.

In fact, every place in the following table meets our criteria, so even though it may not look super long, remember we started off with all 0 places in the state.

So if we'd could rent or buy in these cities, we'd definitely buy.

For more Hawaii reading, check out:

Home Prices By City In Hawaii

City Rank Median Home Price Population Change Home Price Increase
Pahala 1 $190,300 10.7% -6.2%
Mokuleia 2 $717,500 11.1% 4.7%
Kahuku 3 $601,100 5.0% 0.5%
Paia 4 $737,100 1.6% 6.0%
Honokaa 5 $359,400 12.5% 2.4%
Kealakekua 6 $479,200 24.4% -2.6%
Anahola 7 $440,100 4.9% 0.3%
Koloa 8 $663,600 -10.6% 12.2%
Keokea 9 $753,800 9.9% 15.0%
Wailua 10 $532,300 -14.9% 8.0%
Lawai 11 $641,700 22.0% 8.9%
Honaunau-Napoopoo 12 $492,200 9.3% 10.1%
Eleele 13 $463,400 -13.8% 4.4%
Hanapepe 14 $490,500 -2.5% 13.6%
Holualoa 15 $992,700 -70.8% 56.8%
Lanai City 16 $459,200 5.2% 9.5%
Kilauea 17 $678,600 7.2% -6.4%
Kaunakakai 18 $304,300 1.3% -1.0%
Waialua 19 $720,300 -5.9% 4.8%
Orchidlands Estates 20 $268,400 -0.7% 3.5%
Kurtistown 21 $373,300 169.4% 21.0%
Kekaha 22 $404,700 -5.7% 3.6%
Hauula 23 $695,000 2.0% 3.8%
Mountain View 24 $220,500 4.0% 11.8%
Ainaloa 25 $184,600 10.9% 10.2%
Waikapu 26 $650,300 -3.1% 3.9%
Whitmore Village 27 $587,700 -5.1% 3.6%
Pupukea 28 $1,151,400 -8.4% -2.3%
Waimanalo Beach 29 $614,600 5.0% 6.6%
Puhi 30 $468,900 12.1% 0.8%
Captain Cook 31 $531,900 4.6% 5.9%
Heeia 32 $910,400 3.0% -1.0%
Haleiwa 33 $881,700 22.1% 15.8%
Hawaiian Beaches 34 $189,100 -13.1% 4.0%
Kahaluu 35 $920,300 2.3% 3.1%
Hanamaulu 36 $477,200 -9.0% 1.6%
Hawaiian Ocean View 37 $155,800 -4.2% 15.4%
Kalaheo 38 $715,500 -2.8% 2.4%
Waipio Acres 39 $447,200 1.9% 12.0%
Waimanalo 40 $635,900 1.1% 5.1%
Laie 41 $883,800 6.4% 16.9%
Wailea 42 $1,133,600 0.3% 8.8%
Wailua Homesteads 43 $684,600 3.0% 10.9%
Ewa Villages 44 $604,000 -2.0% 4.5%
West Loch Estate 45 $631,000 8.9% 2.9%
Kula 46 $1,086,400 -12.3% 3.8%
Napili-Honokowai 47 $666,100 1.9% 1.7%
Waikele 48 $536,400 -2.6% 5.6%
Kahaluu-Keauhou 49 $647,200 37.2% -1.5%
Waikoloa Village 50 $471,000 12.5% 8.7%
Pukalani 51 $687,200 -0.1% 1.9%
Makawao 52 $630,700 8.8% 4.5%
Ahuimanu 53 $721,400 2.9% 1.8%
Lihue 54 $635,700 24.3% 4.0%
Haiku-Pauwela 55 $862,900 1.3% 8.7%
Aiea 56 $846,100 1.0% 2.5%
Kapaa 57 $578,500 -5.9% 6.4%
Makaha 58 $362,500 20.0% -10.5%
Waipio 59 $542,400 -6.3% 1.1%
Waihee-Waiehu 60 $572,900 15.6% 10.9%
Hawaiian Paradise Park 61 $307,400 -2.5% 1.4%
Waimea Cdp (Hawaii County) 62 $462,800 -7.9% 3.0%
Nanakuli 63 $392,800 -0.7% 6.0%
Maili 64 $493,000 10.1% 6.0%
Waianae 65 $389,700 -3.1% 3.9%
Lahaina 66 $730,700 3.4% 6.4%
Waimalu 67 $453,500 -2.3% 1.5%
Ewa Beach 68 $581,000 -4.7% 5.4%
Royal Kunia 69 $625,600 -4.9% 0.1%
Halawa 70 $819,900 -3.5% 4.4%
Ocean Pointe 71 $671,500 4.7% 0.9%
Wahiawa 72 $569,200 -4.0% -3.7%
Wailuku 73 $586,300 -1.0% 7.6%
Makakilo 74 $636,300 -1.1% 2.2%
Mililani Mauka 75 $735,700 -1.4% 6.4%
Kapolei 76 $598,200 -0.6% 4.8%
Kihei 77 $619,700 1.5% 5.0%
Kailua Cdp (Hawaii County) 78 $497,700 50.8% 7.8%
Ewa Gentry 79 $594,500 2.8% 4.6%
Mililani Town 80 $683,700 -0.4% 6.9%
Kahului 81 $617,500 -4.3% 1.8%
Kaneohe 82 $805,700 -0.9% 4.5%
Kailua Cdp (Honolulu County) 83 $992,100 0.8% 3.4%
Waipahu 84 $648,200 -3.0% 3.4%
Pearl City 85 $691,900 -1.0% 3.7%
Hilo 86 $341,500 0.4% 3.7%
East Honolulu 87 $968,200 -0.9% 0.9%
Urban Honolulu 88 $707,400 -0.5% 3.6%

How Is The Area In ?

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.