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: March 2026
Median Sale Price
$772K
↑ 5.2% YoY
Days on Market
104 days
↑ 9.5% YoY
Active Inventory
6,483
↓ 5.3% YoY
Homes Sold
1,040
↑ 9.4% 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 March 2026, the median home sale price is $772K, up 5.2% year-over-year. Homes are spending a median of 104 days on the market, 9.5% longer than a year ago.
There are 6,483 homes for sale — 5.3% fewer than last year. With 6.2 months of supply, this is a buyer's market. 1,370 new listings were added during this period, down 21.8% year-over-year.
Homes are selling for 97.3% of their list price on average, suggesting room for negotiation. 16.5% of homes sell above their asking price. 17.6% 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 77% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.
Hawaii Market Trends
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Detailed Market Metrics
Median List Price
$772K
Price per Sq Ft
$650
Sale-to-List Ratio
97.3%
Months of Supply
6.2
Sold Above List
16.5%
Price Drops
17.6%
New Listings
1,370
↓ 21.8% YoY
Pending Sales
1,224
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.