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Foreclosure Homes in Honomu, HI

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Akaka-falls-rd-Honomu-HI-96728
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Akaka Falls Rd
Honomu, HI 96728

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Home Value Estimator For Honomu, HI

There are currently 102 real estate properties in Honomu, HI, with a median automated valuation model (AVM) price of $385,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Honomu, HI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Honomu, HI, is $490,965.00, with the most expensive house in Honomu, HI, topping out at $1,264,700.00 and the cheapest home in Honomu, HI, clocking in at $226,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Honomu, HI!


Rent Prices In Honomu, HI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Honomu, HI, is on a rollercoaster ride. The average rent price in Honomu, HI, is $1,874.00. Indeed, when looking to rent in Honomu, HI, you can expect to pay as little as $1,390.00 or as much as $2,850.00, with the average rent median estimated to be $1,750.00. The good news is that finding an affordable and desirable property to rent in Honomu, HI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Foreclosure Homes in Honomu, HI

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Honomu, HI area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Honomu, HI and much more. Save thousands at closing with home foreclosure listings in Honomu, HI — up to 75% off market value!


Top Reasons To Live In Honomu, HI In 2021

Honomu is located in Hawaii, Hawaii, with an estimated municipal population of 488 residents. All of the best foreclosed homes for sale in Honomu are located in the following zip code areas on Foreclosure.com: 96728. The estimated population per square kilometer (.62 miles) in Honomu is 412.


Cost Of Living In Honomu, HI

So, about how much do homes cost in Honomu? The most recent median value of resident-owned homes in Honomu is 296,778. An estimated 77 percent of households in Honomu own their homes, with an average family size of 3.4. The median household income in Honomu is 64,167, with21.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Honomu, the median commute time of resident workers (in minutes) is 28. And last, but certainly not least, are you looking for homes to rent in Honomu? If so, the average rent price paid by renters in Honomu is 1,458, according to recent statistics.


Diversity And Demographics In Honomu, Hawaii

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Honomu, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Honomu is 49.2, split between 47.7 percent male versus 52.3 female. The percentage of residents who report being married in Honomu is 45.9, with an average family size of 3.4.

The percentage of residents who report their race in Honomu is as follows:

White 39.5%
Black / African American 0.8%
Asian 21.5%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 1.6%
Multi-racial 36.5%
Other 0%

Looking for family-friendly neighborhoods in and/or near Honomu? Or maybe you are searching for 55+ active adult communities in and/or near Honomu?

The percentage of residents who report their age in Honomu is as follows:

Under 10 9.2%
Aged 10-19 14.1%
20s 6.2%
30s 10.8%
40s 12.9%
50s 13.7%
60s 24.6%
70s 4.8%
80+ 3.7%

Best Schools In Honomu, Hawaii

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Honomu with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Honomu.


Pros And Cons Of Living In Honomu, Hawaii

How do you know that living in -- or moving to -- Honomu is right where you need to be? Perhaps you grew up in Honomu or already live nearby; therefore, the decision to buy a home in Honomu is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Honomu for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Honomu:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Honomu.


Reasons To Move To Honomu, Hawaii, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Honomu can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Honomu, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Honomu, HI

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