Home Values

Makawao Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$604,500

  • 9.6% 1-year change
  • None 1-year forecast

The median home value in Makawao is $604,500. Makawao home values have gone up 9.6% over the past year. The median list price per square foot in Makawao is None. The median rent price in Makawao is $1,600, which is lower than the Kahului Metro median of $2,500.

Foreclosures will be a factor impacting home values in the next several years. In Makawao 3.6 homes are foreclosed (per 10,000). This is greater than the Kahului Metro value of 1.8 and also greater than the national value of 3.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Makawao is 11.6%, which is higher than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Makawao homeowners underwater on their mortgage is 4.7%, which is lower than Kahului Metro at 8.2%.

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Relative ZHVI
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Makawao Market Overview

Data through May 31, 2015
  • $604,500 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • No recent data Median sale price
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Makawao Market Health

Data through May 31, 2015
  • No recent data Very healthy
  • No data Average days on Zillow
  • 4.7% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 11.6% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

3.6 homes(Apr 30, 2015) Makawao
1.8 homes Kahului Metro
3.5 homes United States
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Nearby Cities

Name Median ZHVI
Haiku $776,200
Paia $660,300
Lahaina $557,600
Name Median ZHVI
Kihei $514,800
Wailuku $429,900
Kahului $428,900

Listings & Sales

  • No data
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Makawao Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $2,548 Makawao
    $2,484 Kahului Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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