Market Overview
Home Prices in Keaau, HI
The median home value in Keaau, HI is $470,265 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.1% compared to a year ago and down 1.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Keaau are priced15% above average. Keaau is part of the Hilo, HI metro area.
Over the past five years, Keaau home values have risen by approximately27.4%, reflecting strong long-term appreciation in this market.
Price History
Keaau Home Price Trend
2020
$315,690
$316K
—
2021
$369,220
$369K
+17.0%
2022
$477,147
$477K
+29.2%
2023
$462,706
$463K
-3.0%
2024
$472,705
$473K
+2.2%
2025
$465,040
$465K
-1.6%
2026
$470,265
$470K
+1.1%
City Comparison
Keaau vs. National Median
🏠 Keaau
$470,265
National Median
$410,000
At $470,265, homes in Keaau cost 15% above the national median of $410,000. Buyers in Keaau should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Keaau?
20% Down Payment
$94,053
on $470,265
Monthly P&I
$2,453/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,115/mo
incl. taxes & insurance
Income Needed
$124,600
gross annual (30% rule)
10% Down Option
$47,027
+ PMI applies
Loan Amount (20% dn)
$376,212
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 Keaau, HI?
The median home value in Keaau is $470,265 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.1% year-over-year.
How much have home prices changed in Keaau?
Over the past year, home values in Keaau have increased by 1.1%. Over five years, prices have risen approximately 27.4%.
How much do I need to earn to buy a home in Keaau?
To comfortably afford the median home price of $470,265 with a 20% down payment ($94,053) at today's rates (6.8%), you'd need a gross annual income of approximately $124,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Keaau compare to the national average home price?
The national median home value is approximately $410,000. At $470,265, homes in Keaau are 15% above the national average.
What metro area is Keaau part of?
Keaau is part of the Hilo, HI metropolitan area. Home prices and market conditions can vary across the broader metro region.