Home prices
The price of the median home in Honokaa is $350,900. This is roughly $34,120 (8%) lower compared to its nearby areas.It is roughly $133,400 (61%) higher compared to the entire nation, and compared to the city of Hilo is approximately $21,700 (6%) higher.
Rents
Honokaa's median rent is $1,039 a month. In comparison to other places in this area it is roughly $201 (16%) lower.In comparison to the rest of the nation it is approximately $23 (2%) lower, and compared to the city of Hilo is is very similar.
Nearby places
Paauilo
Paauilo is approximately 6 miles southeast of Honokaa. The housing prices there are a little less expensive. The price of the median home in Paauilo is $274,100, which comes out to $76,800 (28%) lower than Honokaa. Rent there is a bit more expensive. In Paauilo the median rent is $1,125 a month, which works out to $86 (7%) higher than Honokaa.
Waimea
Waimea is about 11 miles southwest of Honokaa. Its housing prices are somewhat more expensive. The median home in Waimea is valued at $449,200, which comes out to $98,300 (21%) higher than Honokaa. Its rents are significantly more expensive. In Waimea the median rent is $1,569 a month, which comes out to $530 (33%) higher than Honokaa.
Laupahoehoe
Laupahoehoe is roughly 16 miles southeast from Honokaa. Its real estate prices are a little more expensive. The median home in Laupahoehoe costs $454,100, which comes out to $103,200 (22%) higher than Honokaa. Rents there are a little more expensive. Laupahoehoe's median monthly rent is $1,234, which comes out to $195 (15%) higher than Honokaa.
Halaula
Halaula is about 22 miles northwest from Honokaa. Its housing prices are a little more expensive. The median home in Halaula costs $378,900, which works out to $28,000 (7%) higher than Honokaa. Rents there are a little more expensive. The median monthly rent in Halaula is $1,170, which works out to $131 (11%) higher than Honokaa.
Kapaau
Kapaau is about 24 miles northwest from Honokaa. Housing prices there are fairly similar. The median home in Kapaau is valued at $368,800, which works out to $17,900 (4%) higher than Honokaa. The rent there is somewhat more expensive. The median rent in Kapaau is $1,102 per month, which comes out to $63 (5%) higher than Honokaa.