Why Live in Palolo
Palolo, a neighborhood in Honolulu, is situated just across the Lunalilo Freeway (H-1) and less than two miles from Waikiki and Diamond Head. The area is characterized by its diverse landscape, stretching from the lush, forested foothills of the Ko’olau Mountains to the bustling southern end near Waialae Avenue. The northern part of Palolo is known for its serene environment, featuring ancient island streams, plant nurseries, and the Mu-Ryang-Sa Temple, the largest Korean Buddhist temple outside of Korea. The southern end, once an airstrip and quarry, now hosts a community of densely situated homes and a variety of trendy eateries and retailers along Waialae Avenue. Dining options include The Curb Kaimuki, Cowcow’s Tea, Restaurant XO, Brick Fire Tavern, Le’ahi Health, and The Cutlery, a unique steakhouse and barbershop. For daily needs, residents have access to Times Supermarket and Long’s Drugs in Kaimuki Shopping Center. Palolo Valley District Park offers recreational facilities like a pool, playground, and sports courts, and hosts the People’s Open Market on Wednesday mornings. The neighborhood is home to a mix of one-story cottages and larger multi-story homes, many in the Hawaiian Plantation style. Public schools fall under the Hawaii Department of Education District, which is highly rated. Palolo is accessible via the H-1 freeway and The Bus transit system, with Bus 9 Palolo Valley serving the area.
Home Trends in Palolo, HI
On average, homes in Palolo, Honolulu sell after 71 days on the market compared to the national average of 70 days. The median sale price for homes in Palolo, Honolulu over the last 12 months is $345,300, down 4% from the median home sale price over the previous 12 months.
Median Sale Price
$345,300
Median Single Family Sale Price
$345,300
Median Townhouse Sale Price
$675,000
Median 2 Bedroom Sale Price
$300,000
Average Price Per Sq Ft
$238
Number of Homes for Sale
6
Last 12 months Home Sales
66
Median List Price
$345,300
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-4%