Market Overview
Home Prices in Hawi, HI
The median home value in Hawi, HI is $838,975 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.6% compared to a year ago and down 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hawi are priced105% above average. Hawi is part of the Hilo, HI metro area.
Over the past five years, Hawi home values have risen by approximately16.7%, reflecting steady appreciation in this market.
Price History
Hawi Home Price Trend
2020
$587,511
$588K
—
2021
$718,956
$719K
+22.4%
2022
$906,956
$907K
+26.1%
2023
$846,554
$847K
-6.7%
2024
$843,402
$843K
-0.4%
2025
$833,592
$834K
-1.2%
2026
$838,975
$839K
+0.6%
City Comparison
Hawi vs. National Median
🏠 Hawi
$838,975
National Median
$410,000
At $838,975, homes in Hawi cost 105% above the national median of $410,000. Buyers in Hawi should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Hawi?
20% Down Payment
$167,795
on $838,975
Monthly P&I
$4,376/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,558/mo
incl. taxes & insurance
Income Needed
$222,320
gross annual (30% rule)
10% Down Option
$83,898
+ PMI applies
Loan Amount (20% dn)
$671,180
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Hawi, HI?
The median home value in Hawi is $838,975 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.6% year-over-year.
How much have home prices changed in Hawi?
Over the past year, home values in Hawi have increased by 0.6%. Over five years, prices have risen approximately 16.7%.
How much do I need to earn to buy a home in Hawi?
To comfortably afford the median home price of $838,975 with a 20% down payment ($167,795) at today's rates (6.8%), you'd need a gross annual income of approximately $222,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Hawi compare to the national average home price?
The national median home value is approximately $410,000. At $838,975, homes in Hawi are 105% above the national average.
What metro area is Hawi part of?
Hawi is part of the Hilo, HI metropolitan area. Home prices and market conditions can vary across the broader metro region.