From high-end luxury homes to remote off-grid building lots, the Big Island real estate market offers something for almost every budget.
To fully appreciate the range of possibilities in the Big Island real estate market, consider this:
In July 2015, the median home sale price for the Big Island was $335,000, up just slightly from the year before. Of the 190 properties sold in July, the lowest priced sale for the month was $52,000. The highest: $7,000,000. That's quite a spectrum, but it also means the Big Island has something for almost every buyer who has decided to move to Hawaii.
If you'll be purchasing with cash, you already know your budget and you are ready to begin your search. If you'll be using a lender, start searching, but also start the loan qualification process with a reputable lender who understands the Hawaii market and escrow process.
Having a realistic picture of what you can afford will help you narrow your search and sets you up for a successful offer when the right home comes along. Having an experienced lender (someone who understands underwriting requirements for circumstances unique to the Big Island market) sets you up for a successful escrow.
As you view listings on our site, you can use the mortgage calculator to estimate monthly payments and other costs. The calculator is the third tab under the photos on a property detail page.