Market Overview
Home Prices in Honomu, HI
The median home value in Honomu, HI is $691,099 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.7% compared to a year ago and down 2.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Honomu are priced69% above average. Honomu is part of the Hilo, HI metro area.
Over the past five years, Honomu home values have risen by approximately14.3%, reflecting steady appreciation in this market.
Price History
Honomu Home Price Trend
2020
$501,840
$502K
—
2021
$604,781
$605K
+20.5%
2022
$736,331
$736K
+21.8%
2023
$708,870
$709K
-3.7%
2024
$704,829
$705K
-0.6%
2025
$686,025
$686K
-2.7%
2026
$691,099
$691K
+0.7%
City Comparison
Honomu vs. National Median
🏠 Honomu
$691,099
National Median
$410,000
At $691,099, homes in Honomu cost 69% above the national median of $410,000. Buyers in Honomu should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Honomu?
20% Down Payment
$138,220
on $691,099
Monthly P&I
$3,604/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,577/mo
incl. taxes & insurance
Income Needed
$183,080
gross annual (30% rule)
10% Down Option
$69,110
+ PMI applies
Loan Amount (20% dn)
$552,879
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 Honomu, HI?
The median home value in Honomu is $691,099 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.7% year-over-year.
How much have home prices changed in Honomu?
Over the past year, home values in Honomu have increased by 0.7%. Over five years, prices have risen approximately 14.3%.
How much do I need to earn to buy a home in Honomu?
To comfortably afford the median home price of $691,099 with a 20% down payment ($138,220) at today's rates (6.8%), you'd need a gross annual income of approximately $183,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Honomu compare to the national average home price?
The national median home value is approximately $410,000. At $691,099, homes in Honomu are 69% above the national average.
What metro area is Honomu part of?
Honomu is part of the Hilo, HI metropolitan area. Home prices and market conditions can vary across the broader metro region.