Princeville, HI—96722
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Princeville, HI
As of Oct '25, the median home price in Princeville, HI is $1,466,000, with a year-over-year change of -3.8%. This indicates that home prices in Princeville, HI are decreasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,466,000 | -3.8% |
| Single Family | $1,859,000 | -5.8% |
| Condos | $1,037,000 | -5.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $891,000 | -2.1% |
2 Bed | $1,198,000 | -3.6% |
3 Bed | $1,879,000 | -4.4% |
4 Bed | $2,598,000 | -5.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Princeville, HI
As of July '25, Rentcast reports the average rent in Princeville, HI is $6,140, with a year-over-year rent change of 0.3%. Per bedroom, the median rent as of July '25 in Princeville, HI is 2-bedrooms: $5,000, 3-bedrooms: $7,100. The most common rental property sizes in Princeville, HI are 3-bedroom and 2-bedroom, accounting for 57.4% and 23.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $6,700 | $6,140 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $3,000 | $5,000 |
| 3 Bed Rent | $6,700 | $7,100 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Princeville, HI
As of Oct '25, Realtor.com reports that the median days on market for a home in Princeville, HI is 90. This is a decrease of -2.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,590,000 | -3.0% |
Listing Count | 94 | 4.0% |
| Listings as % of Homes | 1.4% | 4.0% |
Days on Market | 90 | -2.0% |
Demographics — Princeville, HI
As of the latest ACS Survey released in 2023, Princeville, HI has a population of 2,060, which has decreased by -6.9% over the past 5 years. Princeville, HI is a less popular place for families, as children make up 14.0% of the population. The area has a highly educated workforce, with 60.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 35.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,060 | -6.9% |
% Under 18 | 14.0% | -47.6% |
% Seniors | 32.7% | 20.7% |
% WFH | 35.7% | 46.9% |
% w/ College Degree | 60.3% | 15.5% |
As of the latest ACS Survey released in 2023, Princeville, HI is a predominantly white area, with 74.1% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Princeville, HI is hispanic, making up 10.5% of the population. Foreign-born residents account for 9.2% of the population in Princeville, HI, and this percentage has decreased by 20.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 74.1% | -0.9% |
% Black | 1.0% | ∞% |
% Hispanic | 10.5% | 1.9% |
% Asian | 6.8% | 61.9% |
% Foreign Born | 9.2% | -20.7% |
Mortgage and Risk — Princeville, HI
According to HUD data as of 2023, there were 53 mortgage originations in Princeville, HI, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Princeville, HI. Investor activity is high, as 21.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 53 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 21.0% |
% Second Loans | 38.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Princeville, HI
Princeville, HI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 23 |
Total Units Section 8 | 23 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 74.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,100 |
| 2 Bedroom | -$250 | $3,000 | $2,750 |
| 3 Bedroom | -$3,220 | $6,700 | $3,480 |
| 4 Bedroom | N/A | N/A | $3,990 |
Affordability — Princeville, HI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 12.2 |
| Median Home Price | $1,466,000 |
| Median Household Income | $106,000 |