Hilo Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Hilo averaged
6.75%
for the week of 2024-12-12, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2024-12-05) was
6.94% and
one month ago for the week of 2024-11-07, the
average rate was 6.64%.
Hilo's average rate one year ago was 7.08%.
For refis of the same type during the week of 2024-12-12, the average rate
was 6.03%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-12-12 | 6.6% |
| Hilo 30 Year Fixed Rate | 2024-12-12 | 6.75% |
| Hilo 30 Year Fixed Rate Refi | 2024-12-12 | 6.03% |
| Hilo 15 Year Fixed Rate | 2024-12-12 | 5.94% |
| Hilo 15 Year Fixed Rate Refi | 2024-12-12 | 6.54% |
| Hilo 30 Year FHA | 2024-12-12 | 6.1% |
| Hilo 30 Year FHA Refi | 2024-12-12 | 6.18% |
| Hilo 30 Year USDA | 2024-12-12 | 6.3% |
| Hilo 30 Year USDA Refi | 2024-12-12 | 6.4% |
| Hilo 30 Year VA | 2024-12-12 | 5.77% |
| Hilo 30 Year VA Refi | 2024-12-12 | 6.18% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Hilo, HI.
Hilo Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Hilo, HI market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Hilo Average Closing Costs & Other Stats
Hilo, HI's 111 lenders originated 2,468
loans during 2023. The total origination value was $1,156,030,000, with an average loan value of
$468,408.
Hilo's average closing costs are $7,651.
The top Hilo lender as defined by loan originations is V.I.P. MORTGAGE, INC., with
145 loans originated. Their average total fees are
$12,503, which is $2,641
higher than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Hilo lenders (with over 10 loans originated) are
Central Pacific Bank ($4,759), DAS Acquisition Company, LLC ($8,112), NEWREZ LLC ($8,413), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($8,430) and CMG MORTGAGE, INC. ($8,529).
The lowest rate Hilo lenders (with over 10 loans originated) are
American Savings Bank, FSB (5.96%), Bank of Hawaii (6.00%), U.S. Bank (6.21%), PLAZA HOME MORTGAGE, INC. (6.35%) and Central Pacific Bank (6.60%).
Hilo, HI Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
|---|---|---|---|---|
| Bank of Hawaii | $212,760,000 | $107,645,000 | -49.4% | 9.3% |
| V.I.P. MORTGAGE, INC. | $128,905,000 | $93,780,000 | -27.2% | 8.1% |
| UNITED WHOLESALE MORTGAGE, LLC | $103,465,000 | $90,690,000 | -12.3% | 7.8% |
| First Hawaiian Bank | $172,350,000 | $73,150,000 | -57.6% | 6.3% |
| QUICKEN LOANS, LLC | $112,090,000 | $48,510,000 | -56.7% | 4.2% |
| JPMorgan Chase Bank | $58,505,000 | $44,365,000 | -24.2% | 3.8% |
| American Savings Bank, FSB | $73,080,000 | $39,105,000 | -46.5% | 3.4% |
| GUARANTEED RATE, INC. | $54,640,000 | $21,765,000 | -60.2% | 1.9% |
| Nations Lending Corporation | $10,940,000 | $21,335,000 | 95.0% | 1.8% |
| Finance Factors, Limited | $3,695,000 | $19,480,000 | 427.2% | 1.7% |
| Central Pacific Bank | $57,380,000 | $19,190,000 | -66.6% | 1.7% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $27,330,000 | $17,135,000 | -37.3% | 1.5% |
| Morgan Stanley Private Bank | $26,395,000 | $16,990,000 | -35.6% | 1.5% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $22,160,000 | $16,210,000 | -26.9% | 1.4% |
| FREEDOM MORTGAGE CORPORATION | $17,600,000 | $15,500,000 | -11.9% | 1.3% |
| CMG MORTGAGE, INC. | $3,575,000 | $15,155,000 | 323.9% | 1.3% |
| LOANDEPOT.COM, LLC | $80,645,000 | $14,965,000 | -81.4% | 1.3% |
| Mortgage Research Center, LLC | $23,025,000 | $14,870,000 | -35.4% | 1.3% |
| U.S. Bank | $12,810,000 | $13,960,000 | 9.0% | 1.2% |
| HAWAIIUSA FEDERAL CREDIT UNION | $12,500,000 | $13,905,000 | 11.2% | 1.2% |
| Citadel Servicing Corporation | $7,950,000 | $12,780,000 | 60.8% | 1.1% |
| Citibank | $25,655,000 | $12,365,000 | -51.8% | 1.1% |
| Bank of America | $43,170,000 | $11,720,000 | -72.9% | 1.0% |
| GUILD MORTGAGE COMPANY | $14,135,000 | $11,640,000 | -17.7% | 1.0% |
| BMO Harris Bank | $12,360,000 | $11,610,000 | -6.1% | 1.0% |
| PLAZA HOME MORTGAGE, INC. | $18,560,000 | $11,420,000 | -38.5% | 1.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $52,375,000 | $11,365,000 | -78.3% | 1.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $10,805,000 | $11,090,000 | 2.6% | 1.0% |
| NAVY FEDERAL CREDIT UNION | $15,965,000 | $11,075,000 | -30.6% | 1.0% |
| PENNYMAC LOAN SERVICES, LLC | $23,335,000 | $10,580,000 | -54.7% | 0.9% |
| Commerce Home Mortgage, Inc. | $6,080,000 | $10,215,000 | 68.0% | 0.9% |
| HSBC BANK USA, NATIONAL ASSOCIATION | $9,875,000 | n/a | 0.9% | |
| First Republic Bank | $99,210,000 | $9,780,000 | -90.1% | 0.8% |
| CROSSCOUNTRY MORTGAGE, LLC | $10,260,000 | $8,895,000 | -13.3% | 0.8% |
| Hawaii National Bank | $8,760,000 | n/a | 0.8% | |
| HOMEXPRESS MORTGAGE CORP. | $2,265,000 | $8,230,000 | 263.4% | 0.7% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $10,975,000 | $8,095,000 | -26.2% | 0.7% |
| NFM, INC. | $485,000 | $7,900,000 | 1,528.9% | 0.7% |
| DAS Acquisition Company, LLC | $10,425,000 | $7,865,000 | -24.6% | 0.7% |
| Charles Schwab Bank, SSB | $19,870,000 | $7,635,000 | -61.6% | 0.7% |
| NEWREZ LLC | $6,940,000 | $7,600,000 | 9.5% | 0.7% |
| NEXERA HOLDING LLC | $2,520,000 | $6,725,000 | 166.9% | 0.6% |
| Century Mortgage Company DBA Century Lending Company | $355,000 | $6,595,000 | 1,757.7% | 0.6% |
| KeyBank | $5,010,000 | $6,470,000 | 29.1% | 0.6% |
| American Mortgage & Equity Consultants, Inc. | $6,285,000 | n/a | 0.5% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $2,985,000 | $6,015,000 | 101.5% | 0.5% |
| FINANCE OF AMERICA REVERSE LLC | $16,245,000 | $5,955,000 | -63.3% | 0.5% |
| HAWAIIAN FINANCIAL | $6,780,000 | $5,720,000 | -15.6% | 0.5% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $9,170,000 | $5,630,000 | -38.6% | 0.5% |
| SECURITYNATIONAL MORTGAGE COMPANY | $9,880,000 | $5,470,000 | -44.6% | 0.5% |
| Wells Fargo Bank | $58,370,000 | $5,235,000 | -91.0% | 0.5% |
| MANN FINANCIAL INC. | $14,755,000 | $5,220,000 | -64.6% | 0.5% |
| ACADEMY MORTGAGE CORPORATION | $35,880,000 | $5,155,000 | -85.6% | 0.4% |
| Flagstar Bank, FSB | $8,755,000 | $4,785,000 | -45.3% | 0.4% |
| BNY Mellon | $2,340,000 | $4,715,000 | 101.5% | 0.4% |
| UBS Bank USA | $2,115,000 | $4,505,000 | 113.0% | 0.4% |
| HomeStreet Bank | $6,525,000 | $4,460,000 | -31.6% | 0.4% |
| Paramount Residential Mortgage Group, Inc. | $4,600,000 | $4,450,000 | -3.3% | 0.4% |
| BM Real Estate Services, Inc. | $645,000 | $3,710,000 | 475.2% | 0.3% |
| OCMBC, INC. | $3,670,000 | n/a | 0.3% | |
| Mr. Cooper ( Nationstar Mortgage ) | $11,175,000 | $3,660,000 | -67.2% | 0.3% |
| AMERICAN FINANCIAL NETWORK, INC. | $3,610,000 | n/a | 0.3% | |
| LAND HOME FINANCIAL SERVICES, INC. | $7,560,000 | $3,420,000 | -54.8% | 0.3% |
| Cornerstone First Mortgage, Inc | $3,410,000 | n/a | 0.3% | |
| SOVEREIGN LENDING GROUP INCORPORATED | $1,395,000 | $3,375,000 | 141.9% | 0.3% |
| KINECTA | $2,980,000 | n/a | 0.3% | |
| LENDSURE MORTGAGE CORP. | $415,000 | $2,945,000 | 609.6% | 0.3% |
| AMERISAVE MORTGAGE CORPORATION | $20,835,000 | $2,940,000 | -85.9% | 0.3% |
| Northpointe Bank | $3,675,000 | $2,900,000 | -21.1% | 0.3% |
| The Federal Savings Bank | $3,215,000 | $2,835,000 | -11.8% | 0.2% |
| RBC Bank, (Georgia) | $7,240,000 | $2,795,000 | -61.4% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $1,860,000 | $2,780,000 | 49.5% | 0.2% |
| LIMA ONE CAPITAL, LLC | $965,000 | $2,775,000 | 187.6% | 0.2% |
| The Huntington National Bank | $2,750,000 | n/a | 0.2% | |
| HighTechLending Inc | $7,475,000 | $2,735,000 | -63.4% | 0.2% |
| Hometown Equity Mortgage, LLC | $1,595,000 | $2,710,000 | 69.9% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $5,675,000 | $2,500,000 | -55.9% | 0.2% |
| HAWAII STATE FEDERAL CREDIT UNION | $4,250,000 | $2,485,000 | -41.5% | 0.2% |
| Stifel Bank and Trust | $4,005,000 | $2,485,000 | -38.0% | 0.2% |
| AMWEST FUNDING CORP. | $2,330,000 | $2,280,000 | -2.1% | 0.2% |
| Plains Commerce Bank | $2,255,000 | n/a | 0.2% | |
| MOVEMENT MORTGAGE, LLC | $4,455,000 | $2,115,000 | -52.5% | 0.2% |
| NBKC BANK | $14,835,000 | $2,110,000 | -85.8% | 0.2% |
| Ameris Bank | $2,105,000 | $1,920,000 | -8.8% | 0.2% |
| ZILLOW HOME LOANS, LLC | $335,000 | $1,870,000 | 458.2% | 0.2% |
| Barrington Bank & Trust Company, N.A. | $3,245,000 | $1,830,000 | -43.6% | 0.2% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $10,735,000 | $1,700,000 | -84.2% | 0.1% |
| USAA Federal Savings Bank | $3,410,000 | $1,565,000 | -54.1% | 0.1% |
| Discover Bank | $1,510,000 | $1,490,000 | -1.3% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,560,000 | $1,375,000 | -11.9% | 0.1% |
| Territorial Savings Bank | $2,790,000 | $1,365,000 | -51.1% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $3,795,000 | $1,255,000 | -66.9% | 0.1% |
| ALOHA PACIFIC | $1,225,000 | n/a | 0.1% | |
| First-Citizens Bank & Trust Company | $1,045,000 | $1,205,000 | 15.3% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $11,865,000 | $1,200,000 | -89.9% | 0.1% |
| PNC Bank | $9,820,000 | $1,090,000 | -88.9% | 0.1% |
| City National Bank | $5,130,000 | $1,055,000 | -79.4% | 0.1% |
| Citizens Alliance Bank | $1,025,000 | n/a | 0.1% | |
| BETTER MORTGAGE CORPORATION | $735,000 | $1,000,000 | 36.1% | 0.1% |
| MidFirst Bank | $7,005,000 | $1,000,000 | -85.7% | 0.1% |
| Carrington Mortgage Services, LLC | $3,165,000 | $995,000 | -68.6% | 0.1% |
| LONGBRIDGE FINANCIAL, LLC | $975,000 | n/a | 0.1% | |
| Raymond James Bank | $6,505,000 | $955,000 | -85.3% | 0.1% |
| First Western Trust Bank | $1,230,000 | $875,000 | -28.9% | 0.1% |
| BAY EQUITY LLC | $1,810,000 | $850,000 | -53.0% | 0.1% |
| AmeriHome Mortgage Company, LLC | $845,000 | n/a | 0.1% | |
| HONOLULU | $2,335,000 | $785,000 | -66.4% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $765,000 | n/a | 0.1% | |
| OAKTREE FUNDING CORP. | $735,000 | n/a | 0.1% | |
| NEW DAY FINANCIAL, LLC | $1,845,000 | $730,000 | -60.4% | 0.1% |
| CIVIC FINANCIAL SERVICES, LLC | $6,225,000 | $715,000 | -88.5% | 0.1% |
| Merchants Mortgage & Trust Corporation | $695,000 | n/a | 0.1% | |
| FOUNDATION MORTGAGE CORPORATION | $685,000 | n/a | 0.1% | |
| ADVANCIAL | $745,000 | $680,000 | -8.7% | 0.1% |
| NexBank | $1,660,000 | $640,000 | -61.4% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $2,365,000 | $610,000 | -74.2% | 0.1% |
| AXIA FINANCIAL, LLC | $1,375,000 | $555,000 | -59.6% | 0.0% |
| Operating Engineers Local Union #3 | $910,000 | $545,000 | -40.1% | 0.0% |
| COMPASS HOME LOANS, LLC | $1,115,000 | $525,000 | -52.9% | 0.0% |
| Quontic Bank | $1,780,000 | $480,000 | -73.0% | 0.0% |
| MLD MORTGAGE INC. | $870,000 | $455,000 | -47.7% | 0.0% |
| ALL REVERSE MORTGAGE, INC. | $445,000 | n/a | 0.0% | |
| Greenbox Loans, Inc. | $425,000 | n/a | 0.0% | |
| WESCOM CENTRAL CREDIT UNION | $425,000 | n/a | 0.0% | |
| Magnolia Bank | $980,000 | $395,000 | -59.7% | 0.0% |
| ALLIANT CREDIT UNION | $255,000 | $390,000 | 52.9% | 0.0% |
| Goldwater Bank, N.A. | $375,000 | n/a | 0.0% | |
| CALIBER HOME LOANS, INC. | $29,290,000 | $365,000 | -98.8% | 0.0% |
| Colonial Savings, F.A. | $590,000 | $345,000 | -41.5% | 0.0% |
| DOMINION FINANCIAL SERVICES, LLC | $375,000 | $345,000 | -8.0% | 0.0% |
| S1L, Inc. | $325,000 | n/a | 0.0% | |
| EVERETT FINANCIAL, INC. | $310,000 | n/a | 0.0% | |
| CANOPY MORTGAGE, LLC | $305,000 | n/a | 0.0% | |
| CIBC Bank USA | $305,000 | n/a | 0.0% | |
| CLEARPATH LENDING | $305,000 | n/a | 0.0% | |
| Maui County Federal Credit Union | $305,000 | n/a | 0.0% | |
| SUMMIT FUNDING, INC. | $805,000 | $305,000 | -62.1% | 0.0% |
| First Merchants Bank | $285,000 | n/a | 0.0% | |
| LOANPAL, LLC | $760,000 | $285,000 | -62.5% | 0.0% |
| LENDINGONE, LLC | $1,140,000 | $255,000 | -77.6% | 0.0% |
| M&T Bank | $255,000 | n/a | 0.0% | |
| American Airlines Federal Credit Union | $440,000 | $215,000 | -51.1% | 0.0% |
| GTE Federal Credit Union | $185,000 | n/a | 0.0% | |
| BOKF | $155,000 | n/a | 0.0% | |
| First Savings Bank | $2,840,000 | $155,000 | -94.5% | 0.0% |
| Secured Investment Corp. | $125,000 | $155,000 | 24.0% | 0.0% |
| NETWORK CAPITAL FUNDING CORPORATION | $225,000 | $145,000 | -35.6% | 0.0% |
| TOWER | $145,000 | n/a | 0.0% | |
| BAY-VALLEY MORTGAGE GROUP | $135,000 | n/a | 0.0% | |
| AMERICAN FINANCING CORPORATION | $1,520,000 | $105,000 | -93.1% | 0.0% |
| GEORGIA'S OWN | $105,000 | n/a | 0.0% | |
| UNIVERSITY CREDIT UNION | $125,000 | $105,000 | -16.0% | 0.0% |
| HICKAM | $945,000 | $85,000 | -91.0% | 0.0% |
Hilo's top lender by overall market share is Bank of Hawaii, with 9.3% market share. In second place, with 8.1%, is V.I.P. MORTGAGE, INC., having originated $93,780,000 in loans. In third place, with 7.8%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $90,690,000 in loans. In fourth place, with 6.3%, is First Hawaiian Bank, having originated $73,150,000 in loans. In fifth place, with 4.2%, is QUICKEN LOANS, LLC, having originated $48,510,000 in loans.
Hilo Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Hilo (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $499,500 (0.1%) | $1,027,693 (3.5%) | 1.85 | 1,446 |
| 2018-02-01 | $499,000 (0.2%) | $1,021,937 (4.8%) | 1.81 | 1,477 |
| 2018-03-01 | $499,000 (1.7%) | $1,027,015 (7.6%) | 1.75 | 1,398 |
| 2018-04-01 | $499,000 (1.4%) | $999,257 (1.5%) | 1.69 | 1,357 |
| 2018-05-01 | $499,000 (5.2%) | $1,015,049 (1.9%) | 1.67 | 1,317 |
| 2018-06-01 | $499,000 (5.8%) | $1,017,797 (3.3%) | 1.66 | 1,352 |
| 2018-07-01 | $499,350 (4.1%) | $1,016,596 (3.0%) | 1.67 | 1,361 |
| 2018-08-01 | $499,000 (2.0%) | $1,011,483 (-1.6%) | 1.67 | 1,374 |
| 2018-09-01 | $479,000 (-1.2%) | $986,136 (-3.2%) | 1.61 | 1,366 |
| 2018-10-01 | $459,375 (-3.6%) | $940,464 (-4.3%) | 1.56 | 1,385 |
| 2018-11-01 | $452,500 (-4.1%) | $914,093 (-4.8%) | 1.53 | 1,458 |
| 2018-12-01 | $469,900 (-3.9%) | $971,167 (-0.2%) | 1.62 | 1,502 |
| 2019-01-01 | $484,000 (-3.1%) | $982,233 (-4.4%) | 1.67 | 1,587 |
| 2019-02-01 | $484,500 (-2.9%) | $1,010,645 (-1.1%) | 1.64 | 1,616 |
| 2019-03-01 | $480,857 (-3.6%) | $1,013,424 (-1.3%) | 1.57 | 1,588 |
| 2019-04-01 | $469,750 (-5.9%) | $1,012,014 (1.3%) | 1.49 | 1,573 |
| 2019-05-01 | $467,375 (-6.3%) | $1,018,600 (0.4%) | 1.46 | 1,537 |
| 2019-06-01 | $449,900 (-9.8%) | $1,007,027 (-1.1%) | 1.41 | 1,514 |
| 2019-07-01 | $449,450 (-10.0%) | $993,279 (-2.3%) | 1.41 | 1,481 |
| 2019-08-01 | $443,545 (-11.1%) | $1,017,687 (0.6%) | 1.40 | 1,465 |
| 2019-09-01 | $435,364 (-9.1%) | $1,015,669 (3.0%) | 1.39 | 1,438 |
| 2019-10-01 | $432,409 (-5.9%) | $1,022,247 (8.7%) | 1.40 | 1,418 |
| 2019-11-01 | $439,250 (-2.9%) | $1,043,382 (14.1%) | 1.44 | 1,444 |
| 2019-12-01 | $429,000 (-8.7%) | $1,035,821 (6.7%) | 1.43 | 1,443 |
| 2020-01-01 | $444,450 (-8.2%) | $1,065,904 (8.5%) | 1.49 | 1,397 |
| 2020-02-01 | $447,000 (-7.7%) | $1,086,716 (7.5%) | 1.46 | 1,368 |
| 2020-03-01 | $430,950 (-10.4%) | $1,065,382 (5.1%) | 1.35 | 1,380 |
| 2020-04-01 | $419,675 (-10.7%) | $994,660 (-1.7%) | 1.31 | 1,318 |
| 2020-05-01 | $449,000 (-3.9%) | $1,021,978 (0.3%) | 1.36 | 1,297 |
| 2020-06-01 | $461,500 (2.6%) | $1,044,978 (3.8%) | 1.36 | 1,271 |
| 2020-07-01 | $458,500 (2.0%) | $1,095,762 (10.3%) | 1.33 | 1,171 |
| 2020-08-01 | $449,900 (1.4%) | $1,120,367 (10.1%) | 1.29 | 1,122 |
| 2020-09-01 | $491,125 (12.8%) | $1,215,921 (19.7%) | 1.41 | 1,028 |
| 2020-10-01 | $499,000 (15.4%) | $1,294,728 (26.7%) | 1.43 | 1,002 |
| 2020-11-01 | $499,000 (13.6%) | $1,283,744 (23.0%) | 1.46 | 956 |
| 2020-12-01 | $499,000 (16.3%) | $1,330,888 (28.5%) | 1.48 | 910 |
| 2021-01-01 | $499,000 (12.3%) | $1,325,019 (24.3%) | 1.49 | 832 |
| 2021-02-01 | $488,750 (9.3%) | $1,356,891 (24.9%) | 1.42 | 662 |
| 2021-03-01 | $490,000 (13.7%) | $1,453,456 (36.4%) | 1.39 | 557 |
| 2021-04-01 | $476,000 (13.4%) | $1,344,306 (35.2%) | 1.29 | 525 |
| 2021-05-01 | $540,000 (20.3%) | $1,232,227 (20.6%) | 1.43 | 464 |
| 2021-06-01 | $563,875 (22.2%) | $1,305,742 (25.0%) | 1.48 | 444 |
| 2021-07-01 | $549,500 (19.9%) | $1,297,349 (18.4%) | 1.45 | 411 |
| 2021-08-01 | $550,000 (22.3%) | $1,227,367 (9.6%) | 1.47 | 436 |
| 2021-09-01 | $577,500 (17.6%) | $1,163,722 (-4.3%) | 1.54 | 494 |
| 2021-10-01 | $549,000 (10.0%) | $1,226,055 (-5.3%) | 1.46 | 492 |
| 2021-11-01 | $525,000 (5.2%) | $1,368,781 (6.6%) | 1.40 | 487 |
| 2021-12-01 | $538,000 (7.8%) | $1,335,776 (0.4%) | 1.46 | 468 |
| 2022-01-01 | $527,000 (5.6%) | $1,485,071 (12.1%) | 1.42 | 453 |
| 2022-02-01 | $517,500 (5.9%) | $1,444,549 (6.5%) | 1.35 | 453 |
| 2022-03-01 | $512,875 (4.7%) | $1,418,551 (-2.4%) | 1.28 | 455 |
| 2022-04-01 | $515,000 (8.2%) | $1,370,457 (2.0%) | 1.23 | 444 |
| 2022-05-01 | $564,500 (4.5%) | $1,336,610 (8.5%) | 1.29 | 497 |
| 2022-06-01 | $627,000 (11.2%) | $1,277,921 (-2.1%) | 1.40 | 571 |
| 2022-07-01 | $649,000 (18.1%) | $1,225,441 (-5.5%) | 1.46 | 684 |
| 2022-08-01 | $640,750 (16.5%) | $1,217,395 (-0.8%) | 1.48 | 702 |
| 2022-09-01 | $625,000 (8.2%) | $1,189,718 (2.2%) | 1.46 | 680 |
| 2022-10-01 | $599,950 (9.3%) | $1,177,805 (-3.9%) | 1.41 | 727 |
| 2022-11-01 | $605,500 (15.3%) | $1,160,231 (-15.2%) | 1.46 | 758 |
| 2022-12-01 | $599,000 (11.3%) | $1,162,843 (-13.0%) | 1.48 | 778 |
| 2023-01-01 | $630,000 (19.5%) | $1,329,581 (-10.5%) | 1.56 | 750 |
| 2023-02-01 | $599,250 (15.8%) | $1,305,048 (-9.7%) | 1.45 | 747 |
| 2023-03-01 | $628,000 (22.5%) | $1,388,714 (-2.1%) | 1.48 | 707 |
| 2023-04-01 | $645,000 (25.2%) | $1,409,083 (2.8%) | 1.50 | 661 |
| 2023-05-01 | $616,972 (9.3%) | $1,377,894 (3.1%) | 1.40 | 638 |
| 2023-06-01 | $610,625 (-2.6%) | $1,424,037 (11.4%) | 1.37 | 658 |
| 2023-07-01 | $598,000 (-7.9%) | $1,355,545 (10.6%) | 1.36 | 690 |
| 2023-08-01 | $583,250 (-9.0%) | $1,363,697 (12.0%) | 1.34 | 677 |
| 2023-09-01 | $595,000 (-4.8%) | $1,369,956 (15.2%) | 1.39 | 693 |
| 2023-10-01 | $620,000 (3.3%) | $1,390,206 (18.0%) | 1.46 | 717 |
| 2023-11-01 | $646,925 (6.8%) | $1,400,273 (20.7%) | 1.54 | 780 |
| 2023-12-01 | $645,000 (7.7%) | $1,410,416 (21.3%) | 1.57 | 818 |
| 2024-01-01 | $645,250 (2.4%) | $1,329,859 (0.0%) | 1.58 | 846 |
| 2024-02-01 | $633,250 (5.7%) | $1,297,565 (-0.6%) | 1.52 | 880 |
| 2024-03-01 | $645,000 (2.7%) | $1,346,637 (-3.0%) | 1.52 | 868 |
| 2024-04-01 | $647,750 (0.4%) | $1,444,540 (2.5%) | 1.51 | 886 |
| 2024-05-01 | $651,750 (5.6%) | $1,418,292 (2.9%) | 1.47 | 884 |
| 2024-06-01 | $641,000 (5.0%) | $1,432,869 (0.6%) | 1.44 | 942 |
| 2024-07-01 | $633,500 (5.9%) | $1,405,452 (3.7%) | 1.45 | 1,015 |
| 2024-08-01 | $650,000 (11.4%) | $1,399,803 (2.7%) | 1.51 | 1,044 |
| 2024-09-01 | $654,750 (10.0%) | $1,315,641 (-4.0%) | 1.54 | 1,031 |
| 2024-10-01 | $646,821 (4.3%) | $1,326,353 (-4.6%) | 1.52 | 1,029 |
| 2024-11-01 | $672,500 (4.0%) | $1,338,362 (-4.4%) | 1.61 | 1,080 |
Hilo's median listing price for 2024-11-01 was $672,500, a difference of
$25,575
(4.0%) versus the prior year and
$25,679 versus the prior month.
Hilo's median listing price comes in at 161% of the national average.
Hilo's average listing price for 2024-11-01 was $1,338,362, a difference of $-61,911 (-4.4%) versus the prior year and $12,009 versus the prior month.
For the 2024-11-01 period, Hilo had 1,080 MLS listings, a difference of 51 listings (5%) versus the prior month and 300 listings (38%) versus the prior year.
Hilo's median listing price comes in at 161% of the national average.
Hilo's average listing price for 2024-11-01 was $1,338,362, a difference of $-61,911 (-4.4%) versus the prior year and $12,009 versus the prior month.
For the 2024-11-01 period, Hilo had 1,080 MLS listings, a difference of 51 listings (5%) versus the prior month and 300 listings (38%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Hilo (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 91 days | 1,565 sqft |
| 2018-02-01 | 88 days | 1,551 sqft |
| 2018-03-01 | 88 days | 1,543 sqft |
| 2018-04-01 | 87 days | 1,556 sqft |
| 2018-05-01 | 90 days | 1,549 sqft |
| 2018-06-01 | 91 days | 1,568 sqft |
| 2018-07-01 | 94 days | 1,578 sqft |
| 2018-08-01 | 94 days | 1,566 sqft |
| 2018-09-01 | 92 days | 1,564 sqft |
| 2018-10-01 | 93 days | 1,546 sqft |
| 2018-11-01 | 86 days | 1,551 sqft |
| 2018-12-01 | 85 days | 1,568 sqft |
| 2019-01-01 | 83 days | 1,573 sqft |
| 2019-02-01 | 82 days | 1,586 sqft |
| 2019-03-01 | 84 days | 1,587 sqft |
| 2019-04-01 | 86 days | 1,585 sqft |
| 2019-05-01 | 92 days | 1,584 sqft |
| 2019-06-01 | 94 days | 1,564 sqft |
| 2019-07-01 | 96 days | 1,559 sqft |
| 2019-08-01 | 101 days | 1,556 sqft |
| 2019-09-01 | 101 days | 1,545 sqft |
| 2019-10-01 | 101 days | 1,543 sqft |
| 2019-11-01 | 96 days | 1,540 sqft |
| 2019-12-01 | 96 days | 1,520 sqft |
| 2020-01-01 | 96 days | 1,515 sqft |
| 2020-02-01 | 93 days | 1,540 sqft |
| 2020-03-01 | 88 days | 1,505 sqft |
| 2020-04-01 | 90 days | 1,462 sqft |
| 2020-05-01 | 98 days | 1,488 sqft |
| 2020-06-01 | 105 days | 1,501 sqft |
| 2020-07-01 | 105 days | 1,530 sqft |
| 2020-08-01 | 84 days | 1,516 sqft |
| 2020-09-01 | 78 days | 1,507 sqft |
| 2020-10-01 | 78 days | 1,509 sqft |
| 2020-11-01 | 76 days | 1,471 sqft |
| 2020-12-01 | 75 days | 1,469 sqft |
| 2021-01-01 | 81 days | 1,486 sqft |
| 2021-02-01 | 82 days | 1,488 sqft |
| 2021-03-01 | 61 days | 1,515 sqft |
| 2021-04-01 | 52 days | 1,476 sqft |
| 2021-05-01 | 50 days | 1,524 sqft |
| 2021-06-01 | 48 days | 1,525 sqft |
| 2021-07-01 | 52 days | 1,496 sqft |
| 2021-08-01 | 46 days | 1,441 sqft |
| 2021-09-01 | 43 days | 1,500 sqft |
| 2021-10-01 | 47 days | 1,440 sqft |
| 2021-11-01 | 56 days | 1,450 sqft |
| 2021-12-01 | 56 days | 1,439 sqft |
| 2022-01-01 | 53 days | 1,451 sqft |
| 2022-02-01 | 52 days | 1,407 sqft |
| 2022-03-01 | 45 days | 1,390 sqft |
| 2022-04-01 | 46 days | 1,418 sqft |
| 2022-05-01 | 44 days | 1,417 sqft |
| 2022-06-01 | 47 days | 1,427 sqft |
| 2022-07-01 | 48 days | 1,461 sqft |
| 2022-08-01 | 58 days | 1,486 sqft |
| 2022-09-01 | 68 days | 1,459 sqft |
| 2022-10-01 | 71 days | 1,457 sqft |
| 2022-11-01 | 72 days | 1,462 sqft |
| 2022-12-01 | 76 days | 1,430 sqft |
| 2023-01-01 | 82 days | 1,457 sqft |
| 2023-02-01 | 80 days | 1,443 sqft |
| 2023-03-01 | 83 days | 1,452 sqft |
| 2023-04-01 | 78 days | 1,476 sqft |
| 2023-05-01 | 69 days | 1,452 sqft |
| 2023-06-01 | 70 days | 1,495 sqft |
| 2023-07-01 | 67 days | 1,440 sqft |
| 2023-08-01 | 76 days | 1,424 sqft |
| 2023-09-01 | 78 days | 1,439 sqft |
| 2023-10-01 | 71 days | 1,510 sqft |
| 2023-11-01 | 74 days | 1,508 sqft |
| 2023-12-01 | 75 days | 1,520 sqft |
| 2024-01-01 | 77 days | 1,500 sqft |
| 2024-02-01 | 74 days | 1,456 sqft |
| 2024-03-01 | 79 days | 1,448 sqft |
| 2024-04-01 | 78 days | 1,463 sqft |
| 2024-05-01 | 77 days | 1,500 sqft |
| 2024-06-01 | 75 days | 1,447 sqft |
| 2024-07-01 | 79 days | 1,443 sqft |
| 2024-08-01 | 83 days | 1,431 sqft |
| 2024-09-01 | 86 days | 1,419 sqft |
| 2024-10-01 | 86 days | 1,388 sqft |
| 2024-11-01 | 82 days | 1,424 sqft |
Hilo's median listing age (time on market) for 2024-11-01 was 82 days.
This
is 11%
longer
than the same period one year ago.
Hilo's median square footage for active listings during the 2024-11-01 period was 1,424 sqft. One year prior, the average listing was 1,508 sqft.
Hilo's median square footage for active listings during the 2024-11-01 period was 1,424 sqft. One year prior, the average listing was 1,508 sqft.
Hilo, HI Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,474 | $818,740,000 | $555,455 |
| Cash Out Refi | 288 | $143,570,000 | $498,507 |
| Other | 275 | $87,475,000 | $318,091 |
| Home Improvement | 234 | $42,090,000 | $179,872 |
| Refi | 197 | $64,155,000 | $325,660 |
Hilo's most frequently cited loan purpose was Home Purchase, with 1,474 originations. The 2nd most popular reason was Cash Out Refi, with 288 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 784 | $376,110,000 | $479,732 |
| 7-8% | 575 | $241,995,000 | $420,861 |
| 5-6% | 555 | $290,315,000 | $523,090 |
| Over 8% | 297 | $117,035,000 | $394,057 |
| 4-5% | 181 | $76,775,000 | $424,171 |
| 3-4% | 44 | $12,470,000 | $283,409 |
| <2.5% | 4 | $1,020,000 | $255,000 |
| 2.5-3% | 1 | $10,005,000 | $10,005,000 |
During 2023, Hilo's most frequently originated rate bucket was 6-7%, with 784 originations.
Loan Sizing (Hilo, HI MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 880 | $262,060,000 | $297,795 |
| $400k-600k | 498 | $238,340,000 | $478,594 |
| $100k-200k | 374 | $55,070,000 | $147,246 |
| $600k-1000k | 327 | $244,345,000 | $747,232 |
| $100,000 or less | 244 | $15,490,000 | $63,484 |
| $Over $1MM | 145 | $340,725,000 | $2,349,828 |
Hilo's loan sizing saw the bucket of loans from $200k-400k with 880 originations, totaling $262,060,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 700 | $352,140,000 | $503,057 |
| 60-80% | 669 | $410,485,000 | $613,580 |
| 40-60% | 353 | $178,295,000 | $505,085 |
| Under 20% | 340 | $36,060,000 | $106,059 |
| 20-40% | 334 | $97,580,000 | $292,156 |
| Over 100% | 33 | $44,275,000 | $1,341,667 |
Hilo's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 700 originations, totaling $352,140,000 in origination value.