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Hawaii Real Estate

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Source: Realtor.com Economic Research, state-level data for September 2026. Market data is updated periodically and deemed reliable but not guaranteed.

About Hawaii real estate

Hawaii is the most isolated populated place on Earth. That isolation drives both the appeal and the price.

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Expert take: Limited supply on every island keeps pricing elevated. Foreign and out-of-state buyer activity slowed since 2022 but remains a factor. Lahaina rebuilding continues to affect Maui market.

By the Numbers

  • $732,450Median listing price statewide
  • 3Active HI REALTORS® on this network
  • 1.43 millionPopulation
  • HonoluluCapital
  • eXp Realty HawaiiBrokerage

Hawaii market snapshot: September 2026

Source: Realtor.com Economic Research, state-level data for September 2026. Market data is updated periodically and deemed reliable but not guaranteed.

  • Median listing price$732,450-2.3% YoY
  • Days on market88median
  • Active listings6,000+on market
  • YoY price change-2.3%12-month

Hawaii through experienced eyes

What makes Hawaii different.

Hawaii is the only US state that grows coffee commercially and the only one with two official languages (English and Hawaiian).

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Property taxes are the lowest in the country for owner-occupied primary residences (averaging 0.27% effective rate).

Current conditions.

Hawaii's median listing price is $732,450, with homes taking a median 88 days to sell and 6,000+ active listings. Read Hawaii by metro, not by state.

The single biggest trend.

Limited supply on every island keeps pricing elevated. Foreign and out-of-state buyer activity slowed since 2022 but remains a factor. Lahaina rebuilding continues to affect Maui market.

Where to look in Hawaii

  • Honolulu (Oahu)

    Most populous island. Tight inventory. Military presence (Pearl Harbor, Hickam, Schofield). Highest median in the state.

  • Hilo (Big Island)

    East side of the Big Island. Wetter, lusher, more affordable than Kona side.

  • Kailua-Kona (Big Island)

    Dry west side. Resort and second-home market.

  • Kahului (Maui)

    Maui island center. Tourism economy. Lahaina recovery ongoing post-2023 wildfire.

  • Lihue (Kauai)

    Garden Isle. Least developed of the main islands.

Schools & Education

Hawaii operates a single statewide public school district (unique in the US). Private schools (Punahou, Iolani, Kamehameha) carry significant weight in admissions outcomes.

Climate & Weather

Tropical. Two seasons: wet (November-April) and dry (May-October). Trade winds keep temperatures stable (75-85°F year-round at sea level).

Questions buyers and sellers ask us most

How much do I need for a down payment in Hawaii?

For conventional loans, 20% down on the Hawaii median of $732,450 would be $146,490. Most Hawaii buyers close with 3-5% down via conventional, FHA (3.5% down), or VA (0% for eligible service members). Check with a local lender.

What is the best time of year to buy a home in Hawaii?

Late summer through early fall is historically the most favorable buyer window across most US markets, and Hawaii follows this pattern. Spring has the most inventory but the most competition. Winter has the least of both.

Can I buy a home in Hawaii without seeing it in person?

Yes. A local REALTOR® running video walkthroughs, paired with a thorough inspection contingency, makes a remote purchase manageable. Most Hawaii agents are comfortable with this workflow.

How long does it take to close on a home in Hawaii?

30-45 days is typical for a financed purchase, and 14-21 days is achievable for cash. The bottleneck is usually appraisal and lender underwriting, not title work.

Guidance That Moves You Forward

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