Hilo, HI metro area Housing Market Brief
metro · as of May 2026
What is Hilo, HI metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Hilo, HI metro area in its market cycle?
Hilo, HI metro area is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.
Hilo, HI metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $470K | ▼ -15.1% |
| Median Days on Market | 101 days | ▼ -12.2% |
| Months of Supply | 6.2 | ▲ +1.6% |
| Homes for Sale | 1,193 | ▼ -3.6% |
| Homes Sold | 193 | ▼ -5.4% |
| Median Price / Sq Ft | $393 | ▼ -13% |
| Sale-to-List Ratio | 97.3% | ▼ -0.3% |
How has Hilo, HI metro area’s Alpha Score moved?
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Frequently asked questions
Is Hilo, HI metro area a buyer's or seller's market?
As of May 2026, Hilo, HI metro area is classified as a Buyer's Market, based on its Alpha Score of 32 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Hilo, HI metro area?
The median sale price in Hilo, HI metro area is $470K, having fallen 15.1% over the past year.
How affordable is Hilo, HI metro area?
Hilo, HI metro area scores 5 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Hilo, HI metro area's Alpha Score?
Hilo, HI metro area's strongest dimension is Economic Strength (50/100) and its weakest is Affordability (5/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Hilo, HI metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.