Hawaii Housing Market
Cold MarketHousing market data and trends for Hawaii. Track median prices, inventory, days on market, and competition metrics for real estate investors.
Data period: January 2026
Median Sale Price
$764K
↓ 1.0% YoY
Days on Market
106 days
↑ 14.0% YoY
Active Inventory
6,333
↑ 2.4% YoY
Homes Sold
788
↓ 8.8% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Hawaii Market Summary
The Hawaii housing market is cooling down. As of January 2026, the median home sale price is $764K, down 1.0% year-over-year. Homes are spending a median of 106 days on the market, 14.0% longer than a year ago.
There are 6,333 homes for sale — 2.4% more than last year. With 8.0 months of supply, this is a buyer's market. 1,428 new listings were added during this period, down 8.0% year-over-year.
Homes are selling for 97.0% of their list price on average, suggesting room for negotiation. 16.0% of homes sell above their asking price. 17.8% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
80
Contributing Factors
How This Market Compares
vs. National Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. Prices are 81% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.
Hawaii Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Sale-to-List Ratio
Listings with Price Drops
Detailed Market Metrics
Median List Price
$771K
Price per Sq Ft
$648
Sale-to-List Ratio
97.0%
Months of Supply
8.0
Sold Above List
16.0%
Price Drops
17.8%
New Listings
1,428
↓ 8.0% YoY
Pending Sales
1,152
Metro Areas in Hawaii
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.