Home prices
The median home in Honalo is valued at $400,700. It is about $145,620 (26%) lower in comparison to its nearby areas.It is roughly $183,200 (84%) higher in comparison to the entire nation, and in comparison to the city of Hilo is approximately $71,500 (21%) higher.
Rents
The median monthly rent in Honalo is $1,293. It is approximately $82 (5%) lower in comparison to its nearby areas.It is about $231 (21%) higher compared to the US as a whole, and in comparison to the city of Hilo it is about $248 (23%) higher.
Nearby places
Kahaluu-Keauhou
Kahaluu-Keauhou is Honalo's neighbor to the west. The housing prices there are significantly more expensive. The value of the median home in Kahaluu-Keauhou is $657,300, which is $256,600 (39%) higher than Honalo. Rent there is a little more expensive. In Kahaluu-Keauhou the median monthly rent is $1,719, which comes out to $426 (24%) higher than Honalo.
Holualoa
Holualoa is Honalo's neighbor to the north. Its housing prices are substantially more expensive. The cost of the median home in Holualoa is $632,900, which comes out to $232,200 (36%) higher than Honalo. Rent there is somewhat more expensive. In Holualoa the median monthly rent is $1,775, which is $482 (27%) higher than Honalo.
Kealakekua
Kealakekua is Honalo's neighbor to the south. Its real estate prices are a little more expensive. The median home in Kealakekua costs $492,200, which is $91,500 (18%) higher than Honalo. Its rents are significantly less expensive. The median monthly rent in Kealakekua is $772, which works out to $521 (67%) lower than Honalo.
Captain Cook
Captain Cook is approximately 6 miles south of Honalo. The real estate prices there are somewhat more expensive. The value of the median home in Captain Cook is $502,300, which is $101,600 (20%) higher than Honalo. The rent there is similar. In Captain Cook the median monthly rent is $1,357, which comes out to $64 (4%) higher than Honalo.
Honaunau-Napoopoo
Honaunau-Napoopoo is roughly 10 miles south of Honalo. Housing prices there are a little more expensive. The value of the median home in Honaunau-Napoopoo is $446,900, which is $46,200 (10%) higher than Honalo. Rents there are fairly similar. Honaunau-Napoopoo's median monthly rent is $1,254, which works out to $39 (3%) lower than Honalo.