These are the top five single-family home neighborhoods for entry-level homebuyers in 2020, according to new research from Locations.
#5: Temple Valley, Kaneohe
Median price: $673,500
Percent bid ups: 0%
Median year built: 1985
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#4: Launani Valley, Mililani
Median price: $670,000
Percent bid ups: 0%
Median year built: 2001
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#3: Makakilo-Upper, Makakilo
Median price: $660,500
Percent bid ups: 20.6%;
Median year built: 2003
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#2: Kapolei Kumu-Iki, Ewa
Median price: $635,000
Percent bid ups: 18.2%
Median year built: 1991
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#1: Maili Sea Country, Leeward
Median price: $562,000
Percent bid ups: 12.5%
Median year built: 2010
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Locations selected its top five entry-level single-family home neighborhoods for 2020 based on: median price (between $560,000 and $675,000 or 70 to 85 percent of the median), low competition from other buyers (20 percent or less bid ups), year built (1985 or newer) and home size (three bedrooms). Based on these factors, which are often of high importance to entry-level homebuyers, this list of top entry-level neighborhoods for 2020 should be considered a jumping-off point for prospective homebuyers.
As always, communicate your wants and needs, along with your budget, to a knowledgable Realtor®.
