Real Estate Relocation Guide To Hawaii

Relocating from Chicago to Hawaii is a major move. You’re crossing state lines and heading 4,200 miles to find a new home in a different community. By familiarizing yourself with the local real estate market, whether your destination is Honolulu or Hilo you can get a good idea of the Hawaii landscape and locate the best area for you and your family.

We’ll start with the big picture… Hawaii has an estimated population of 1.2 million* and around 6,400 square miles of land. The total number of housing units is 500,021, of which about 257,600 are owner-occupied and 175,000 are inhabited by renters. Roughly 67,000, or 13.5 percent, of the residences in the state are vacant. The median home value in Hawaii is $529,700 and the median household income is $61,160. For an idea of how this sizes up with national averages – the median home value in the U.S. is $185,200 and the median household income is $48,451.

Statewide figures provide a good overview of Hawaii, but when you’re planning to relocate to the region, knowing what types of housing are available is the most important thing. So here’s a breakdown of what Hawaii real estate has to offer…

About 6,800 homes in Hawaii are new construction, developed in 2005 or after (another 31,000 were put up between 2000 and 2004). Hawaii has its share of vintage charm as well with 24,600 residences built prior to 1940. The total number of detached, single-family houses across the state is 268,000, and there’s also a good selection of multi-unit residences and condos. Most homes have 3 bedrooms, but size varies greatly depending on where you look. And, in case you’re wondering about how your budget will pan out in The Aloha State, monthly mortgage costs in [Alabama] generally hover between $1,000 and 2,000+.

Relocation Resources

Hawaii Real Estate - Oahu
Search Entire Honolulu MLS on Oahu! Hawaii Real Estate & Oahu School Information.

Big Island Real Estate Company Affordable hawaii real estate.
Big Island Real Estate Company. Search for all Affordable Hawaii real estate listings of affordable Homes and Land for sale in Hilo, Puna and Hamakua.

Honolulu Hawaii Real Estate
Hawaii Beachfront Luxury Real Estate

Hawaii Real Estate - Oleg Potiomkin
Real Estate Agent in Hawaii, selling luxury homes.

Maui 411

*All statistics are from the 2006 American Community Survey as shown on the U.S. Census Bureau website.
Sources: factfinder.census.gov and www.city-data.com