Fun Fact: Aiea is the only city in the world that is spelled using only vowels.
Aiea is a town on the southern coast of Oahu Island. Situated on the eastern edge of Pearl Harbor, Aiea lies on the major highway from Honolulu to Wahiawa and Kapolei. In the mid-1900s, Aiea was the home to one of the largest sugar producing industries and was the headquarters for sugar-refining, refining locally grown sugar cane for the island. Just minutes from Pearl Harbor, the shores of Aiea was greatly affected by the Second World War. Japanese ships used to flag along the coasts of this town. But even with the destructions that came with the war, Aiea, like the rest of Hawaii was able to withstand the war and rebuild the town.
Today, Aiea is one of the most established areas in the state of Hawaii. This community was a destination for people wanting to get away from the modern city living. Recent plans have designs for Aiea to reinvigorate its urban center where residents could live, work, and play. To achieve this, there are plans to develop Kamehameha Drive-In, which was the only outdoor theater and later became a flea market for bargain hunters, into a mixed-use sustainable community where a neighborhood market, restaurants, retail shops and a walk-to-work office community are combined with residential living and public gathering areas creating an “Urban Village”.
Aiea residents enjoy an array of activities and dining. Many local retail shops and services are conveniently located at the Aiea Shopping Center anchored by Times Supermarket and the Aiea Bowl. Just a short drive from Aiea Shopping Center is the Aloha Stadium where the Pro Bowl was held since 1980 and home to the University of Hawaii Rainbow Warriors football team. Aloha Stadium also hosts many local high school events from football games to graduations. The stadium has served as a venue for many concerts and events, most notably, Michael Jackson’s concert in 1997. A swap meet is held at the stadium’s parking lot every Wednesday and Saturday which draws in large crowds of locals and tourists.
Aiea High School is the high school for the neighborhood and serves more than 1,200 students. Just down the street is the new location for Aiea Public Library which sits on the site that was the Aiea Sugar Mill. The new location is central and surrounded by homes and businesses. It serves as the perfect gathering place for the young and old to interact.
The real estate market in Aiea is mixed and diverse. The area is a blend of long-standing, single family homes accommodating multi-generational families, as well as condominiums housing a new generation, who are claiming a piece of paradise.
The average price for a single-family residence (SFR) in Aiea has increased to $755,000 from $700,000 one year ago February. The median price for SFRs in the Aiea neighborhood (ranging from $725,000 – $750,000) is at about the overall median price of $755,000 for Oahu as of February 2017. During the same one-year February time period comparison, tight inventory in the area has caused days on market to decline to 13 days from 19 days one year ago February.