The 10 Best Places To Buy A House In Hawaii For 2021


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

Editor’s note: This is not investment advice and we are not financial advisers. Article updated for 2021.

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 Lawai according to our analysis.

Here's a look at the top ten places to buy a home in Hawaii for 2021.

The 10 Best Places To Buy A Home In Hawaii For 2021

  1. Lawai
  2. Honokaa
  3. Kahuku
  4. Keokea
  5. Paia
  6. Honalo
  7. Honaunau-Napoopoo
  8. Anahola
  9. Keaau
  10. Kilauea

What's the best place to buy a home in Hawaii for 2021? 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 2021

Overall SnackAbility

7.5
/10

Population: 2,047
Median Home Price: $589,200
Population Change: -7.4%
Home Price Change: 5.6%
More on Lawai: Homes For Sale | Data

Honokaa, HI

Overall SnackAbility

5
/10

Population: 2,079
Median Home Price: $350,900
Population Change: -9.6%
Home Price Change: 4.3%
More on Honokaa: PhotosHomes For Sale | Data

Overall SnackAbility

7
/10

Population: 2,119
Median Home Price: $598,300
Population Change: -5.6%
Home Price Change: 5.4%
More on Kahuku: Homes For Sale | Data

Overall SnackAbility

6
/10

Population: 2,248
Median Home Price: $655,400
Population Change: -0.1%
Home Price Change: 25.3%
More on Keokea: Homes For Sale | Data

Paia, HI

Overall SnackAbility

7.5
/10

Population: 2,249
Median Home Price: $695,400
Population Change: -6.8%
Home Price Change: 1.2%
More on Paia: PhotosHomes For Sale | Data

Overall SnackAbility

7
/10

Population: 2,254
Median Home Price: $400,700
Population Change: 4.3%
Home Price Change: 2.4%
More on Honalo: Homes For Sale | Data

Overall SnackAbility

6
/10

Population: 2,300
Median Home Price: $446,900
Population Change: -6.4%
Home Price Change: -18.1%
More on Honaunau-Napoopoo: PhotosHomes For Sale | Data

Overall SnackAbility

5
/10

Population: 2,311
Median Home Price: $439,000
Population Change: 6.3%
Home Price Change: 1.4%
More on Anahola: Homes For Sale | Data

Overall SnackAbility

6
/10

Population: 2,613
Median Home Price: $338,900
Population Change: 4.8%
Home Price Change: 11.1%
More on Keaau: Homes For Sale | Data

Overall SnackAbility

7
/10

Population: 2,686
Median Home Price: $725,100
Population Change: 4.1%
Home Price Change: 3.5%
More on Kilauea: Homes For Sale | Data

How do you determine the best places to buy a home in Hawaii for 2021?

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 2015-2019 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 Lawai is the best potential gem in the not-so-rough in the Aloha State.

Read on for more on these places.

There You Have It - The Best Places To Purchase A House In Hawaii for 2021

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:

Detailed List Of The Best Places To Buy A Home In Hawaii

City Rank Median Home Price Population Change Home Price Increase
Lawai 1 $589,200 -7.4% 5.6%
Honokaa 2 $350,900 -9.6% 4.3%
Kahuku 3 $598,300 -5.6% 5.4%
Keokea 4 $655,400 -0.1% 25.3%
Paia 5 $695,400 -6.8% 1.2%
Honalo 6 $400,700 4.3% 2.4%
Honaunau-Napoopoo 7 $446,900 -6.4% -18.1%
Anahola 8 $439,000 6.3% 1.4%
Keaau 9 $338,900 4.8% 11.1%
Kilauea 10 $725,100 4.1% 3.5%
Lanai City 11 $419,400 -3.5% 2.2%
Koloa 12 $591,500 -4.2% 5.2%
Hanapepe 13 $431,700 -1.3% 5.6%
Wailua 14 $492,800 6.3% 10.6%
Kaunakakai 15 $307,300 -18.3% -0.7%
Orchidlands Estates 16 $259,300 -1.8% 2.5%
Eleele 17 $443,800 5.9% 4.6%
Hauula 18 $669,700 -8.9% 7.6%
Ainaloa 19 $167,500 -1.9% 1.0%
Waialua 20 $687,500 -7.8% 5.5%
Mountain View 21 $197,200 3.4% -3.1%
Kekaha 22 $390,700 1.4% -1.3%
Volcano 23 $226,700 10.9% 13.8%
Haleiwa 24 $761,600 -7.0% 8.0%
Puhi 25 $465,100 -1.6% 8.7%
Waikapu 26 $625,900 11.3% 3.7%
Whitmore Village 27 $567,500 -6.8% 3.8%
Waimanalo Beach 28 $576,400 6.5% 11.4%
Captain Cook 29 $502,300 4.6% 6.0%
Heeia 30 $920,000 -6.4% 3.1%
Pupukea 31 $1,178,500 -3.7% -1.7%
Kahaluu 32 $892,400 5.5% 0.9%
Hawaiian Ocean View 33 $135,000 2.5% -3.6%
Hanamaulu 34 $469,500 -5.0% 1.2%
Kahaluu-Keauhou 35 $657,300 32.2% 5.2%
Hawaiian Beaches 36 $181,900 12.3% -3.5%
Waipio Acres 37 $399,200 0.1% 1.1%
Kalaheo 38 $698,600 5.0% 1.0%
Waimanalo 39 $604,900 -9.7% 1.9%
Laie 40 $756,000 -6.7% 6.6%
Wailua Homesteads 41 $617,500 3.7% -0.1%
West Loch Estate 42 $613,000 18.6% 3.5%
Wailea 43 $1,042,100 9.9% 4.8%
Waikoloa Village 44 $433,400 2.1% 1.5%
Ewa Villages 45 $577,800 -7.5% 3.7%
Napili-Honokowai 46 $654,900 -7.2% 9.7%
Lihue 47 $611,000 -1.5% 4.7%
Makawao 48 $603,800 -3.0% 1.6%
Waikele 49 $508,000 5.4% -0.2%
Kula 50 $1,047,100 1.1% 12.3%
Pukalani 51 $674,300 -1.0% 6.6%
Ahuimanu 52 $708,300 -2.6% 4.9%
Makaha 53 $404,900 -3.8% 5.7%
Haiku-Pauwela 54 $793,800 11.5% 2.3%
Waihee-Waiehu 55 $516,400 5.9% 16.4%
Aiea 56 $825,300 2.1% 5.8%
Holualoa 57 $632,900 6.0% 9.6%
Kapaa 58 $543,900 0.3% 8.9%
Hawaiian Paradise Park 59 $303,300 -2.4% 8.3%
Maili 60 $464,900 6.0% 4.7%
Nanakuli 61 $370,600 -2.4% 9.2%
Waipio 62 $536,300 -0.3% 0.4%
Kalaoa 63 $554,900 1.1% 11.2%
Waimea Cdp (Hawaii County) 64 $449,200 1.9% 7.5%
Lahaina 65 $686,800 -2.5% 8.8%
Waianae 66 $375,100 -3.2% 4.0%
Waimalu 67 $446,800 4.9% 4.7%
Halawa 68 $785,200 -1.3% 11.3%
Ewa Beach 69 $551,200 -1.6% 11.8%
Royal Kunia 70 $624,900 0.8% 1.7%
Ocean Pointe 71 $665,200 6.8% 5.6%
Kailua Cdp (Hawaii County) 72 $461,900 -0.2% 3.9%
Wahiawa 73 $590,900 -1.7% 5.0%
Wailuku 74 $544,900 2.0% -0.9%
Makakilo 75 $622,900 -5.5% 5.0%
Mililani Mauka 76 $691,200 0.7% 3.8%
Kapolei 77 $570,800 0.9% 12.5%
Kihei 78 $590,200 2.4% 6.1%
Ewa Gentry 79 $568,300 -0.4% 4.6%
Mililani Town 80 $639,800 -1.3% 3.2%
Kahului 81 $606,600 -3.0% 7.6%
Kaneohe 82 $770,700 0.3% 5.8%
Kailua Cdp (Honolulu County) 83 $959,200 2.5% 2.2%
Waipahu 84 $626,600 -2.4% 5.6%
Hilo 85 $329,200 -2.7% 3.2%
Pearl City 86 $667,000 -1.1% 2.8%
East Honolulu 87 $959,800 -0.5% 4.2%
Urban Honolulu 88 $683,000 -0.3% 4.7%

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.

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