Home prices
The median home in Kalaoa costs $554,900. This is about $57,560 (9%) lower in comparison to its nearby areas.It is approximately $337,400 (155%) higher compared to the entire country, and in comparison to the city of Hilo it is about $225,700 (68%) higher.
Rents
In Kalaoa the median monthly rent is $1,318. This is roughly $181 (12%) lower compared to its nearby areas.In comparison to the rest of the nation it is roughly $256 (24%) higher, and is about $273 (26%) higher in comparison to the city of Hilo.
Nearby places
Holualoa
Holualoa is roughly 10 miles southeast of Kalaoa. The housing prices there are somewhat more expensive. The median home in Holualoa costs $632,900, which works out to $78,000 (12%) higher than Kalaoa. Rents there are a bit more expensive. The median rent in Holualoa is $1,775 a month, which works out to $457 (25%) higher than Kalaoa.
Kahaluu-Keauhou
Kahaluu-Keauhou is approximately 13 miles south of Kalaoa. The real estate prices there are somewhat more expensive. The cost of the median home in Kahaluu-Keauhou is $657,300, which comes out to $102,400 (15%) higher than Kalaoa. The rent there is somewhat more expensive. Kahaluu-Keauhou's median monthly rent is $1,719, which comes out to $401 (23%) higher than Kalaoa.
Honalo
Honalo is about 14 miles southeast from Kalaoa. Its housing prices are a lot less expensive. The median home in Honalo is valued at $400,700, which is $154,200 (38%) lower than Kalaoa. The rent there is pretty similar. The median monthly rent in Honalo is $1,293, which comes out to $25 (1%) lower than Kalaoa.
Kealakekua
Kealakekua is approximately 18 miles south from Kalaoa. Its real estate prices are a little less expensive. The median home in Kealakekua is valued at $492,200, which is $62,700 (12%) lower than Kalaoa. The rent there is significantly less expensive. Kealakekua's median monthly rent is $772, which is $546 (70%) lower than Kalaoa.
Puako
Puako is about 19 miles northeast of Kalaoa. Housing prices there are substantially more expensive. Puako's median home value is $879,200, which is $324,300 (36%) higher than Kalaoa. Rent there is a bit more expensive. In Puako the median monthly rent is $1,934, which works out to $616 (31%) higher than Kalaoa.