MarketsHilo, HI

Are home prices going up or down in Hilo, HI?

In Hilo, HI, the typical home sold for $470,000 during May 2026. That is 15% lower than the same stretch a year ago, so prices are down.

$470,000
Typical sale price
▼ 15% vs last year
$525,000
Three years ago
$393
Per square foot
$535,000
Typical asking price

Over the last 36 months the typical sale price in Hilo, HI went from $525,000 to $470,000 — down 10%.

The high point was $648,000, reached in March 2026. Today's typical sale is 27% below that.

Measured by size, homes in Hilo, HI are selling for about $393 per square foot. Price per square foot is the fairer comparison when the mix of what sells shifts from month to month — a run of big houses can push the typical price up without anything actually getting more expensive.

Source: Redfin's published market data for the Hilo, HI area, through May 2026.

2023-06 2026-05
Typical sale price, month by month.

Are you the agent for Hilo, HI?

We build this page's numbers into a one-page report with your name, brokerage and phone on it, for up to three areas you work — emailed to you fresh every month. Forward it to clients. $49 a month, cancel anytime.

See a real sample report first — no email needed.

More about the Hilo, HI market

Other markets

Figures come from Redfin's published market data for the Hilo, HI area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.