6 properties sold · Matatā

Property sold in Pikowai, Matatā

Houses, townhouses, apartments and sections, farms and lifestyle blocks, and commercial and industrial sites sold in Pikowai, Matatā in the last twelve months, latest first, with the price where it is public beside the council valuation.

$1.02mmedian sale, last 12 months · 7 sales · down 26%
$890kmedian council valuation
7.8 yrsmedian time between sales
1for sale now

About Pikowai

Homes sold for a median $6,563 per square metre of floor over the last twelve months. Homes in Pikowai change hands every 7.8 years on median, against 6.6 across Matatā and 7.9 nationally. About 4.2% of its homes sold in the last twelve months.

Schools zoned for Pikowai

  • Rotorua Lakes High Schoolsecondary · Years 9-15

Pikowai house prices over time

Median sale price by year, all homes; 2026 is the year so far. Pikowai's median sale price over the last twelve months was $1.02m, across 7 sales, down 26% on the twelve months before. Across Matatā it was $703k.

2016: $334k (10 sales)$334k20162017: $683k (12 sales)2018: $200k (11 sales)20182019: $925k (7 sales)2020: too few sales to say (4 sales)20202021: $318k (5 sales)2022: too few sales to say (4 sales)20222023: $775k (8 sales)2024: too few sales to say (3 sales)20242025: $1000k (6 sales)$1000k2026: too few sales to say (4 sales, this year so far)2026
Sales by year as a table
YearSalesMedian pricePer m² floorPer m² land (est.)Matatā median
20264———$683,750
20256$999,500$7,024$9$949,500
20243———$775,000
20238$775,000$5,983$17$862,500
20224———$845,000
20215$318,000$1,060$11$685,000
20204———$567,500
20197$925,000$5,601$27$457,500
201811$200,000$3,031$7$400,000
201712$682,500$3,759$15$399,500
201610$333,500$2,450$9$280,000

Estimated value, month by month

Our model's median estimate for homes in Pikowai, down 4% over the last twelve months. An automated estimate, not a registered valuation.

Nov 2024: $892kDec 2024: $892kJan 2025: $892kFeb 2025: $890kMar 2025: $890kApr 2025: $889kMay 2025: $889kJun 2025: $889kJul 2025: $890kAug 2025: $891kSept 2025: $895kOct 2025: $895kNov 2025: $892kDec 2025: $881kJan 2026: $881kFeb 2026: $879kMar 2026: $873kApr 2026: $865kMay 2026: $860kJun 2026: $858kJul 2026: $864kAug 2026: $869kSept 2026: $869kOct 2026: $862k$892k$895k$858k$862kNov 2024Oct 2026
Scale $849k to $904k, not from zero.

Prices by bedrooms in Pikowai

BedroomsHomesMedian council valueSold, last 12 monthsMedian salePer m² floor
25$780k0—$8,889
335$910k2—$6,778
423$1.34m0—$6,551
5+5$1.69m2—$6,217

Price per square metre

Homes in Pikowai sold for a median $6,563 per square metre of floor over the last twelve months, land included (Matatā: $6,205); the land under houses sold for an estimated $15 per square metre (Matatā: $104). A sale price is not split between land and house, so the land figure gives the land the council's share of each sale — the land value as a part of the capital value at the last revaluation.

$6,563per m² of floor, land included, sales in the last 12 months
$15per m² of land, estimated from house sales in the last 12 months
$6,599per m² of floor, council capital values
$23per m² of land, council land values of houses

Recent sales in Pikowai

How long owners stay in Pikowai

Homes in Pikowai change hands every 7.8 years on median, against 6.6 across Matatā and 7.9 nationally.

7.8 yearsmedian time between sales, Pikowai
6.6 yearsMatatā
7.9 yearsNew Zealand
4.2%of homes sold in the last 12 months (Matatā: 2.8%)

By kind: houses 7.8 years.

Time between a home's sales, for homes that resold in the last five years. A home not sold since our records begin is not counted, so owners who stay longest are under-represented.

Who lives in Pikowai

About 348 people lived in Pikowai at the 2023 census (up 43% since 2018); their median age was about 46 (Matatā: 43); 67% of households owned their home (Matatā: 71%).

348people, 2023 (2018: 243)
46median age, about (Matatā: 43)
$85kmedian household income, about (Matatā: $90k)
67%of households own their home (2018: 76%)

Age

  • 30-64 years47%
  • Under 15 years22%
  • 65 years and over22%
  • 15-29 years9%

Households

  • One-family household (with or without other people)79%
  • One-person household18%
  • Other multi-person household3%
  • Two-family household (with or without other people)3%
  • Three or more family household (with or without other people)0%

Ethnicity

  • European83%
  • Māori27%
  • Asian3%
  • Other Ethnicity2%
  • Middle Eastern/Latin American/African1%
  • Pacific Peoples0%

Where people were born

  • New Zealand89%
  • United Kingdom and Ireland4%
  • Asia2%
  • Australia2%
  • Middle East and Africa2%
  • Europe (excl United Kingdom and Ireland)2%
  • Other0%
  • North America0%

Household income

  • $100,001-$150,00026%
  • $30,001-$50,00015%
  • $50,001-$70,00015%
  • $70,001-$100,00013%
  • $150,001-$200,00010%
  • $20,000 or less8%
  • $200,001 or more8%
  • $20,001-$30,0005%

Dwellings

  • Separate house91%
  • Joined dwelling5%
  • Other private dwelling2%
  • Non-private dwelling0%

Highest qualification

  • No qualification25%
  • Level 4 certificate14%
  • Level 1 certificate11%
  • Level 3 certificate11%
  • Bachelor degree and Level 7 qualification11%
  • Level 2 certificate9%
  • Post-graduate and honours degrees7%
  • Level 5 diploma5%

Stats NZ Census 2023 and 2018, summed over the census areas inside Pikowai. Medians are approximate: Stats NZ publishes them per area and they cannot be added up exactly.

Real estate agents selling in Pikowai

6 agents have been credited on a sale or a live listing in Pikowai in the last two years. Those with the most:

All 6 real estate agents in Pikowai, with their recent sales and which agencies sell the suburb.

Counted from sales records that name the agent, and from current listings. A count of activity, not a rating.

Building and resource consents in Pikowai

1building consents in the last 12 months ($3k of work)

Search building consents in Pikowai and see Stats NZ's count of new homes there.

Sales and valuations as at 18 September 2026, from council and LINZ records. Figures resting on fewer than 5 sales are not shown.

Property sold by street in Pikowai

About property sold in Pikowai, Matatā

Every property in Pikowai, Matatā, whether it is for sale or not: homes, sections, farms, lifestyle blocks, shops, offices and industrial land. Each is listed from the council rating roll and Toitū Te Whenua LINZ, with the listing beside it when an agent is marketing it.

Sales come from the council valuation roll and the listings that preceded them. Each opens on the property’s own page, with its full sales history, our estimate of its value today and its title.

Each property has its own page: our estimate of its value beside the council rating valuation, past sale prices, the title and land area, zoning and hazards, building consents, and what it would cost to own.

Listings are published by the agents who market them. Addresses, land details and rating valuations come from Toitū Te Whenua Land Information New Zealand and from the council. No ownership information is published.

Header photo: Chris Thompson, CC BY 2.0, via Wikimedia Commons (licence).