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Alae Ahupua'a Halepuna Ahupua'a (Mokuhonua Ahupua'a) Humuula Ahupua'a Kaiwiki Ahupua'a (Maumau Ahupua'a) Kaiwiki Homesteads One-Two Kalalau Ahupua'a Kaohe Mauka Ahupua'a Kauhiula Ahupua'a Kaumana Ahupua'a Kaumana Homesteads Keauhou Ahupua'a Kikala Ahupua'a Kukuau 1 Ahupua'a Kukuau 2 Ahupua'a Pahoehoe Ahupua'a Papaa Ahupua'a Papaikou Ahupua'a Paukaa Ahupua'a Piihonua Ahupua'a Ponahawai Ahupua'a Ponahawai Homesteads Pueopaku Ahupua'a Punahoa 1 Ahupua'a Punahoa 2 Ahupua'a Puu Eo Ahupua'a Waiakea Ahupua'a Waiakea Homesteads Wainaku Ahupua'a

HILO, HI 96720

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 96720

Alae Ahupua'a · Halepuna Ahupua'a (Mokuhonua Ahupua'a) · Humuula Ahupua'a · Kaiwiki Ahupua'a (Maumau Ahupua'a) · Kaiwiki Homesteads One-Two · Kalalau Ahupua'a · Kaohe Mauka Ahupua'a · Kauhiula Ahupua'a · Kaumana Ahupua'a · Kaumana Homesteads · Keauhou Ahupua'a · Kikala Ahupua'a · Kukuau 1 Ahupua'a · Kukuau 2 Ahupua'a · Pahoehoe Ahupua'a · Papaa Ahupua'a · Papaikou Ahupua'a · Paukaa Ahupua'a · Piihonua Ahupua'a · Ponahawai Ahupua'a · Ponahawai Homesteads · Pueopaku Ahupua'a · Punahoa 1 Ahupua'a · Punahoa 2 Ahupua'a · Puu Eo Ahupua'a · Waiakea Ahupua'a · Waiakea Homesteads · Wainaku Ahupua'a

Market Analysis

Data as of February 2026. Source: Realtor.com.

The HILO, HI real estate market (96720) currently shows 144 active listings, with 37 pending sales. Homes are averaging 97 days on the market before going under contract.

Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 97 days on market compared to 89 days last year.

The median listing price has fallen 26.3% year-over-year, from $744,388 to $548,750.

Whether you are buying or selling in HILO, HI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 50,453  ·  Density: 67.7/mi²  ·  Median household income: $75,265

Typical home value: $421,275  ·  Homeownership: 65.4%

Market Overview

Active Listings
144
⇧ 17.1% vs 123 last year
Pending
37
26% pending ratio
Median Price
$548,750
⇩ 26.3% vs $744,388 last year
Average Price
$683,115
⇩ 11.8% vs $774,319 last year
Days on Market
97
⇧ 9% vs 89 days last year

Price Per Square Foot

Median $/sqft
$439
⇩ 2.4% vs $450/sqft last year
Median Home Size
1,226 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 144 this year vs 123 last year
  • Days on market: 97 now vs 89 last year

Median & Average Pricing

Year over Year
  • Median: $548,750 (-26.3% YoY)
  • Average: $683,115 (-11.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 50.7 miles — 752 listings ($575,883,555 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
96720Hilo, HI 967200.0 mi137$100,203,718$572,500$731,414
96771Mountain View, HI 9677110.8 mi35$15,239,140$309,950$435,404
96785Volcano, HI 9678513.3 mi76$33,748,712$399,000$444,062
96783Pepeekeo, HI 9678313.9 mi8$11,717,336$1,532,500$1,464,667
96749Keaau, HI 9674914.6 mi128$75,975,680$547,500$593,560
96718Hawaii National Park, HI 9671818.3 mi2$1,400,000$700,000$700,000
96778Pahoa, HI 9677821.3 mi167$60,648,221$340,000$363,163
96774Ookala, HI 9677421.6 mi2$2,500,000$1,250,000$1,250,000
96727Honokaa, HI 9672731.7 mi21$36,383,109$1,100,000$1,732,529
96738Waikoloa, HI 9673840.8 mi120$155,895,480$999,700$1,299,129
96725Holualoa, HI 9672543.5 mi15$23,623,605$842,000$1,574,907
96750Kealakekua, HI 9675046.5 mi11$43,565,984$1,999,900$3,960,544
96772Naalehu, HI 9677250.7 mi30$14,982,570$539,000$499,419

Frequently Asked Questions

How many homes are for sale in HILO, HI 96720?

As of February 2026, there are 144 active listings in HILO, HI (zip code 96720), compared to 123 the prior year.

What is the median home price in HILO, HI 96720?

The median listing price in HILO, HI 96720 is $548,750 as of February 2026, a 26.3% decrease from $744,388 the prior year.

How long do homes stay on the market in HILO, HI?

Homes in HILO, HI 96720 spend an average of 97 days on the market before going under contract, compared to 89 days the prior year.

Is it a seller's or buyer's market in HILO, HI 96720?

Based on current inventory and days-on-market data as of February 2026, HILO, HI 96720 is currently a Buyer's Market. Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 97 days on market compared to 89 days last year.

How much can I save on real estate commission in HILO, HI?

With SELL123.com's maximum 3% commission, sellers in HILO, HI 96720 save an estimated $10,975 compared to a typical 5% commission on the median listing price of $548,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.