Hilo, HI metro area Housing Market Brief
metro · HI · score computed October 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.
Population band 4 of 5 (population 112,714–277,881) · comparable within its band
Where is Hilo, HI metro area in its market cycle?
Hilo, HI metro area is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Hilo, HI metro area?
Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Hilo, HI metro area housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $497K | ▼ -19.9% | Redfin |
| Median Days on Market | 108 days | ▼ -17.6% | Redfin |
| Months of Supply | 9.0 | ▲ +52.5% | Redfin |
| Homes for Sale | 1,357 | ▲ +18.2% | Redfin |
| Homes Sold | 151 | ▼ -23% | Redfin |
| Median Price / Sq Ft | $415 | ▼ -15.2% | Redfin |
How has Hilo, HI metro area’s Alpha Score moved?
Markets like Hilo, HI metro area
- Reno, NV metro area, NVmetro44
- Lewiston, ID metro area, IDmetro41
- Key West, FL metro area, FLmetro37
- Kahului, HI metro area, HImetro39
- Walla Walla, WA metro area, WAmetro37
- Port Angeles, WA metro area, WAmetro42
- Charlottesville, VA metro area, VAmetro48
- Salt Lake City, UT metro area, UTmetro42
- Helena, MT metro area, MTmetro39
- Missoula, MT metro area, MTmetro38
Frequently asked questions
Is Hilo, HI metro area a buyer's or seller's market?
In the scores computed October 2026, Hilo, HI metro area is classified as a Balanced Market, based on its Alpha Score of 43 out of 100. It is based on the 4 of five dimensions we can measure for this market — building, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.
Are home prices rising or falling in Hilo, HI metro area?
The median sale price in Hilo, HI metro area is $497K, having fallen 19.9% over the past year, according to Redfin.
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 (75/100) and its weakest is Affordability (5/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.
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.