Paia, HI—96779
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Paia, HI
As of Oct '25, the median home price in Paia, HI is $1,306,000, with a year-over-year change of -7.7%. This indicates that home prices in Paia, HI are decreasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,306,000 | -7.7% |
| Single Family | $1,311,000 | -7.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $1,442,000 | -7.7% |
3 Bed | $1,154,000 | -8.8% |
4 Bed | $1,973,000 | -5.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Paia, HI
As of July '25, Rentcast reports the average rent in Paia, HI is $4,170, with a year-over-year rent change of -22.3%. Per bedroom, the median rent as of July '25 in Paia, HI is studios: $1,050, 2-bedrooms: $3,460, 3-bedrooms: $4,910. The most common rental property sizes in Paia, HI are 3-bedroom and 2-bedroom, accounting for 57.5% and 26.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,750 | $4,170 |
| Studio Rent | $1,050 | $1,050 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $3,180 | $3,460 |
| 3 Bed Rent | $4,890 | $4,910 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Paia, HI
As of Oct '25, Realtor.com reports that the median days on market for a home in Paia, HI is 73. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,560,000 | -44.0% |
Listing Count | 19 | 0.0% |
| Listings as % of Homes | 0.9% | 0.0% |
Days on Market | 73 | -1.0% |
Demographics — Paia, HI
As of the latest ACS Survey released in 2023, Paia, HI has a population of 2,910, which has increased by 7.3% over the past 5 years. Paia, HI is a moderately popular place for families, as children make up 20.6% of the population. The area has a moderately educated workforce, with 37.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,910 | 7.3% |
% Under 18 | 20.6% | -17.9% |
% Seniors | 13.9% | 13.9% |
% WFH | 27.0% | 175.5% |
% w/ College Degree | 37.7% | 1.1% |
As of the latest ACS Survey released in 2023, Paia, HI is a predominantly white area, with 41.2% of the population identifying as white. The white population has shrunk by 17.3% in the last 5 years. The second most common race or ethnicity in Paia, HI is hispanic, making up 13.0% of the population. Foreign-born residents account for 15.2% of the population in Paia, HI, and this percentage has increased by 20.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 41.2% | -17.3% |
% Black | 0.1% | ∞% |
% Hispanic | 13.0% | 7.4% |
% Asian | 11.5% | -44.2% |
% Foreign Born | 15.2% | 20.6% |
Mortgage and Risk — Paia, HI
According to HUD data as of 2023, there were 32 mortgage originations in Paia, HI, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 42.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Paia, HI. Investor activity is high, as 28.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 32 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 28.0% |
% Second Loans | 16.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Paia, HI
Paia, HI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,370 |
| 2 Bedroom | -$80 | $3,180 | $3,100 |
| 3 Bedroom | -$720 | $4,890 | $4,170 |
| 4 Bedroom | N/A | N/A | $4,810 |
Affordability — Paia, HI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 11.9 |
| Median Home Price | $1,306,000 |
| Median Household Income | $116,000 |