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Makawao, HI Real Estate


According to census data in the year 2000 there were 2,218 housing units in Makawao. This represents a 23.2% growth from 1,801 in 1990.

Of those housing units, 2,211 were located in either urbanized areas or urban clusters, and 7 were located in what is classified as a rural area.

Homeownership rate in Makawao is about 55.5%. Makawao's vacancy rate, including seasonal lodging, is about 2.9%. Average household size is 2.95 people.

The majority of houses, apartments or condos in Makawao were built after 1982.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom16.50%
Two Bedrooms32.50%
Three Bedrooms37.30%
Four Bedrooms10.40%
Five Bedrooms or more2.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.4
Median year structure was built1981
Median Value of occupied units$230,400
Median Price asked for vacant units$76,300

Rented Homes, Apartments and Condos

Average Household Size2.38
Median year structure was built1984
Median Monthly Rent asked for vacant units$1,025

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1%
Second Mortgage8.70%
Home Equity Loan15.10%
Simple Mortgage61%
Debt Free14.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs29.5%