Global gateway market · Hawaii · September 2026 data

What is the Honolulu, HI real estate market doing?

As of September 2026, the median home listed in Honolulu, HI asks $675,000, up 3.9% year over year. Homes spend a median of 76 days on market, with 3,483 active listings and 14% carrying a price cut; pending contracts equal 30% of active listings, and inventory sits at 112% of the same month in 2019 — a balanced market. Estimated gross rental yield on the median listing is 4.7%. Figures come from public records and industry data, updated monthly.

Median listing price
$675,000
▲ 3.9% YoY
Median $ / sq ft
$705
912 sq ft median
Median days on market
76
September 2026
Active listings
3,483
For sale now
New listings
884
September 2026
Listings with price cuts
14%
Share of active
Inventory vs 2019
112%
Same month, 2019 = 100
Pending / active
30%
Contract activity
Median sale price (closed)
$763,000
▲ 7.5% YoY · closed sales · July 2026
Sale-to-list ratio
98.3%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
657
Closed sales · July 2026, seasonally adjusted

What is the Honolulu, HI housing market doing right now?

The Honolulu, HI housing market lists at a $675,000 median as of September 2026, up 3.9% year over year, with a 76-day median market time and 3,483 homes for sale (14% with a price cut). Active inventory is 112% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule. Gross rental yield is about 4.7%.

Honolulu housing market statistics

The table summarizes Honolulu's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Honolulu.

Honolulu, HI housing market at a glance — September 2026
MetricLatestDetail
Median listing price$675,000+3.9% YoY
Median price per sq ft$705912 sq ft median
Median days on market76-7% YoY
Active listings3,483+6% YoY
New listings this month884September 2026
Listings with a price cut14%Share of active
Median sale price (closed)$763,000+7.5% YoY · closed sales, July 2026
Sale-to-list ratio98.3%Closed sales, July 2026, seasonally adjusted
Pending-to-active ratio29.7%1,034 pending
Inventory vs 2019112%Active listings vs same month in 2019
Gross rental yield4.7%2BR fair market rent

How have home prices changed in Honolulu?

Honolulu home prices are up 3.9% year over year and +0.1% month over month as of September 2026, at a $675,000 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$699K$686K$674K$662K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Honolulu HI · trailing 8 quarters · source: public records and industry data.

The 10-year view
$842K$788K$735K$682K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Honolulu HI · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Honolulu?

Honolulu has 3,483 active listings, 884 new this month, 1,034 pending as of September 2026. About 14% of active listings have cut their price, and inventory sits at 112% of its 2019 level — a balanced market by pace.

Active listings
3,483
New this month
884
Pending
1,034
Price-reduced
496

Is Honolulu a good real estate investment?

Honolulu scores 55/100 on WealthyBud's composite Investor Score, ranking #345 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
55/100
#345 of 933 covered metros
12-month outlook
+0.8%
Flat · model output, not advice
Price volatility
Low
σ 5.2% · 20-yr price-index swings
Momentum
66
Value
59
Rental yield
73
Supply risk
69
Market heat
40

Honolulu scores 55/100 on our composite Investor Score (#345 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 40% over five years and +57% over ten, leaving prices 4% below its own 2000–2019 trend; at the published FY2026 fair market rent of $2,642/mo for a two-bedroom, the gross rental yield on the median listing is about 4.7%; active inventory sits at 112% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are up 3.9% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Honolulu ranks on the trending markets index.

How much is a monthly mortgage payment in Honolulu?

A home at Honolulu's $675,000 median listing runs about $3,695 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$3,335/mo
−$359/mo vs today
At today's rate · 7.28%
$3,695/mo
National weekly average
If rates rise 1% · 8.28%
$4,068/mo
+$373/mo vs today

Principal & interest on the $675,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Honolulu?

To buy Honolulu’s $675,000 median listing with 20% down, a household needs about $165,000 a year in gross income, keeping principal, interest and property tax ($3,852/mo) at 28% of income. That is 1.6× the area’s $104,264 median household income, so a typical Honolulu household cannot afford the median listing on these terms.

Income needed to buy the median home in Honolulu, HI — September 2026
ItemAmountBasis
Median listing price$675,000September 2026
Down payment (20%)$135,000Assumption
Principal & interest (7.28%, 30-yr fixed)$3,695/moRate as of 2026-10-01
Property tax (0.28% effective rate)$158/moCensus ACS
Income needed (28% rule)$165,000Gross household income / yr
Median household income$104,264Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Honolulu housing market?

Longer-run demand in Honolulu shows up in 1,446 homes permitted in 2025; net migration of -5,830 residents; -0.1% job growth. Natural-hazard risk rates Relatively High. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
1,446
▼ 11.7% vs 2024
1.4 per 1,000 residents
Net migration (2022–2023)
-5,830
▼ people, via tax-return records
net income flow −$87.4M/yr
Job growth (YoY)
-0.1%
▼ 454.3k nonfarm jobs · August 2026
Natural-hazard risk
Relatively High
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

What is the latest Honolulu real estate news?

Honolulu's housing market shows signs of stabilization but retains high prices and affordability challenges, with looming insurance risks. — AI-generated summary of the headlines above; read the linked coverage before relying on it.

Headlines collected 2026-07-05; each links to the original publisher.

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Honolulu housing market FAQ

What is the median home price in Honolulu?
As of September 2026, the median listing price in Honolulu, HI is $675,000, up 3.9% year over year (source: public records and industry data).
How much does it cost to buy a home in Honolulu?
The median home listed in Honolulu asks $675,000 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $3,695 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Honolulu?
The median property in Honolulu spends 76 days on the market, with 3,483 homes actively listed and 14% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Honolulu?
With a median 76 days on market and 14% of active listings carrying a price cut, pending contracts at 30% of active listings, Honolulu reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Honolulu a good place to invest in real estate?
Honolulu scores 55/100 on WealthyBud's Investor Score, ranking #345 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Honolulu?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Honolulu and the wider Hawaii market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

Comparable U.S. housing markets

Marcus Bell Real Estate Market Analyst

Marcus Bell leads market and career research at WealthyBud, turning public housing and labor data into plain-English answers for investors and agents. He focuses on U.S. metro housing markets, agent economics and licensing.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.