Hilo, HI Housing Market
Market data powered by Zillow Research. Last updated: 2026-04-02
Hilo, HI offers balanced conditions for buyers.
- •Prices are essentially flat (-1.7% YoY) — good negotiating leverage for buyers.
- •Price-to-rent ratio: 18.8 — buying and renting are roughly comparable.
Median Home Value
$561,309
ZHVI
Year-over-Year
-1.7%
Price change
5-Year Change
+32.2%
Since 2021
Median Rent
$2,490/mo
ZORI
Active Listings
1,505
For sale
State Avg
$823,970
Hawaii
Home Value Trends
5-year Zillow Home Value Index for Hilo, HI vs. state and national averages.
Rent Data
Median Rent
$2,490/mo
Rent YoY Change
+3.1%
Other Markets in Hawaii
Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.