Kapaa, HI metro area Housing Market
Cold MarketComprehensive housing market data for the Kapaa, HI metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$990K
↑ 0.1% YoY
Days on Market
133 days
↑ 22.0% YoY
Active Inventory
298
↓ 12.9% YoY
Homes Sold
39
↓ 18.7% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Kapaa, HI metro area Market Summary
The Kapaa, HI metro area housing market is cooling down. As of March 2026, the median home sale price is $990K, up 0.1% year-over-year. Homes are spending a median of 133 days on the market, 22.0% longer than a year ago.
There are 298 homes for sale — 12.9% fewer than last year. With 7.6 months of supply, this is a buyer's market. 51 new listings were added during this period, down 37.8% year-over-year.
Homes are selling for 95.7% of their list price on average, suggesting room for negotiation. 10.3% of homes sell above their asking price. 16.1% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
88
Contributing Factors
How This Market Compares
vs. National Median
vs. Hawaii 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 127% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.
Kapaa, HI metro area Market Trends
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Detailed Market Metrics
Median List Price
$1.20M
Price per Sq Ft
$828
Sale-to-List Ratio
95.7%
Months of Supply
7.6
Sold Above List
10.3%
Price Drops
16.1%
New Listings
51
↓ 37.8% YoY
Pending Sales
50
Off Market in 2 Weeks
20.0%
Other Markets 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.