MAKAWAO HOUSING MARKET INFORMATION With a population of 7,297, 2,605 total housing units (homes and apartments), and a median house value of $1,142,784, real estate costs in Makawao are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Hawaii communities. Single-family detached homes are the single most common housing type in Makawao, accounting for 84.60% of the town's housing units. Other types of housing that are prevalent in Makawao include row houses and other attached homes ( 7.76%), large apartment complexes or high rise apartments ( 4.02%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.50%). The most prevalent building size and type in Makawao are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 64.45% owning and 35.55% renting. There is a lot of housing in Makawao built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Makawao built between 1940-1969 ( 18.88%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.00%). There's also some housing in Makawao built before 1939 ( 2.57%). MAKAWAO HOME APPRECIATION RATES Appreciation rates for homes in Makawao have been tracking above average for the last ten years, according to 蘑菇视频 data. The cumulative appreciation rate over the ten years has been 108.58%, which ranks in the top 30% nationwide. This equates to an annual average Makawao house appreciation rate of 7.63%. Over the last year, Makawao appreciation rates have trailed the rest of the nation. In the last twelve months, Makawao's appreciation rate has been 5.58%, which is lower than appreciation rates in most communities in America. In the latest quarter, 蘑菇视频's data show that house appreciation rates in Makawao were at 6.40%, which equates to an annual appreciation rate of 28.15%. Importantly, this makes Makawao one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength. Relative to Hawaii, our data show that Makawao's latest annual appreciation rate is lower than 90% of the other cities and towns in Hawaii.