Hilo housing market: home prices, trends and forecast
Hilo home prices: the Zillow Home Value Index placed a typical Hilo, Hawaii home at $562,242 in September 2026. That was +5.4% above a year earlier and the highest monthly value on record.
- Value of a typical home
- $562,242September 2026, Zillow ZHVI
- Change over 12 months
- Since September 2025, the value rose +5.4%.
Hilo home prices since 2000
Hilo appears as the steel line, while the United States appears as the grey line. A typical home in Hilo, since March 2015, moved from $300,330 up to $562,242, giving ×1.87, against ×1.94 recorded for the US in the same months.
Hilo median home price by year
Each yearly figure averages the twelve monthly values; for 2026, the latest month is shown.
| Year | Hilo | Change on the year | United States |
|---|---|---|---|
| 2016 | $321,927 | $204,509 | |
| 2017 | $335,747 | +4.3% | $216,767 |
| 2018 | $346,292 | +3.1% | $230,541 |
| 2019 | $361,012 | +4.3% | $242,088 |
| 2020 | $377,732 | +4.6% | $257,151 |
| 2021 | $423,021 | +12.0% | $295,959 |
| 2022 | $508,204 | +20.1% | $340,014 |
| 2023 | $519,277 | +2.2% | $348,160 |
| 2024 | $534,138 | +2.9% | $359,751 |
| 2025 | $536,648 | +0.5% | $362,959 |
| September 2026 | $562,242 | +5.4% | $366,157 |
Current value of a Hilo home bought in any year
This uses an index to estimate a typical home; it does not provide an appraisal.
Each year's figure averages its twelve monthly index values; September 2026 is the current value. Other choices include a home appreciation calculator.
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Hilo housing market forecast
Zillow's forecast puts the Hilo, HI metro up +0.2% across the 12 months beginning September 2026, and up +0.1% over the three months ahead. Hilo's typical value stands at $562,242, so the forecast would put it close to $563,400 a year on.
This is Zillow's central forecast for the metro, repeated here. The site does not publish a forecast of its own. Forecasts of this kind for a 12-month period have usually differed from the actual change by several percentage points, either above or below it. This is not investment advice.
All metro forecasts appear in one table: housing market forecast.
Hilo housing market crash risk score
Moderate rating: 34 of 100.
This score places Hilo among the 292 cities based on five conditions that were high before earlier price declines. Every input is scored from 0 to 100 compared with the other cities, and the five scores are averaged with equal weight. The score describes current conditions; it does not predict a crash.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | −5.1% | 36 | 20% |
| Length of time on the market vs 2019 | −8.9% | 23 | 20% |
| Price-to-rent ratio | 22.0 | 71 | 20% |
| 12-month price change | +5.4% | 4 | 20% |
This is not investment advice. See how the inputs are scored in the methodology. See all 292 cities ranked by crash risk by city.
Hilo inventory and time on the market
For September 2026 the Hilo, HI metro recorded 1,365 homes for sale, +24.9% higher than a year earlier and −5.1% versus the same month of 2019. The median time to sell was 92 days (−8.9% against 2019), while 16.7% of listings received a price cut.
| Hilo, HI metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 1,365 | +24.9% |
| New listings | 250 | |
| Median days on market | 92 | −1.1% |
| Median list price | $599,000 | −3.2% |
| Share with a price cut | 16.7% |
Metro inventory data is provided by Realtor.com® Economic Research. Realtor.com. Every metro: days on market for each city.
Living and rental costs in Hilo
By the Zillow Observed Rent Index, a typical asking rent in Hilo costs $2,129 each month. Buying a typical home costs the same as 22.0 years of that rent.
Other housing markets in Hawaii
- Honolulu $774,710
Statewide data: Hawaii housing market.
How to interpret this chart
Each point on the chart shows the Zillow Home Value Index for Hilo: what a typical home in the market's middle third was worth in that month's dollars, smoothed and seasonally adjusted. The hollow dot shows the slider's selected month, while the terracotta dot shows the latest month. These figures do not account for inflation, and the index tracks the typical home rather than any one house. Use the card above or the home appreciation calculator to calculate a single home's value from its sale price.