Honolulu, HI Housing Market: Median Home Price, Days on Market & Forecast

2025 to 2026 market report with pricing, selling speed, supply, and buyer timing insights

$608K

Median Sale Price

99

Days on Market

6.8

Months of Supply

-0.8%

YoY Change

Buyer's Market

Market Type

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Best Time to Buy by Property Type in Honolulu

Honolulu is a Buyer's Market

With 6.8 months of inventory, buyers have negotiating power in Honolulu.

Market Dashboard

Detailed Market Statistics

Price Statistics

Median Sale Price $608K
Median List Price $560K
Price per Sq Ft $693
YoY Price Change -0.8%

Sales Activity

Homes Sold (Monthly) 282
New Listings 311
Pending Sales 305
Sale-to-List Ratio 97.2%

Inventory & Timing

Active Inventory 1,907
Months of Supply 6.8
Days on Market 99 days
Sold Above List 13%

Best Time to Buy in Honolulu

Best Month to Buy

Feb

Typically lowest prices

Most Expensive Month

Oct

Peak pricing period

Seasonal Pattern

Winter is cheapest

View detailed seasonal analysis →

How Long It Takes to Sell in Honolulu

Current DOM

99

days

Average DOM

76

days

Fastest

53

days

Slowest

113

days

Homes are currently selling slower than usual in Honolulu.

View detailed selling time analysis →

Honolulu, HI Real Estate Market Analysis

The Honolulu housing market is currently characterized as a buyer's market. With a median sale price of $608K and homes spending an average of 99 days on the market, buyers have ample time to make decisions and negotiate.

Honolulu Median Home Price in 2026

The median home price in Honolulu, HI is currently $608K. Buyers can use that number as a quick benchmark for affordability, while sellers can use it to sense-check list price expectations. For better context, compare this figure with inventory levels, sale-to-list ratio, and neighborhood-level demand before making a move.

Honolulu Days on Market in 2026

Homes in Honolulu are averaging 99 days on market. That metric helps show whether listings are moving quickly or sitting long enough for buyers to negotiate. If median days on market starts falling while inventory stays tight, sellers usually gain more leverage.

Is Honolulu a Good Place to Buy a House in 2026?

Buyers should compare current pricing, inventory, and seasonal trends before making an offer. If you want the lowest typical prices, review our best time to buy in Honolulu guide. Sellers should also review our how long homes take to sell in Honolulu analysis.

What to Expect When Buying in Honolulu

The current inventory of 1,907 homes gives buyers plenty of options. With 6.8 months of supply, you'll have room to negotiate and take your time finding the right property.

Should You Buy, Sell, or Wait in Honolulu?

If you are buying, watch months of supply, price cuts, and how often homes sell above list. If you are selling, focus on pricing strategy and median days on market. In a fast market, buying sooner may protect you from higher prices. In a slower market, waiting can give you more leverage and more choices.

Selling Your Home in Honolulu

Homes in Honolulu are selling at 97.2% of their list price on average. Approximately 13% of homes sell above asking price. The typical time to sell is 99 days from listing to closing. Check current real estate commission rates in Hawaii to understand your selling costs.

Useful Next Steps

For deeper timing data, review our best time to buy in Honolulu page and our how long it takes to sell in Honolulu report. If you want boots-on-the-ground advice, connect with a local real estate agent who knows the Honolulu market block by block.

Honolulu, HI Housing Market Forecast & Predictions

Based on current trends, here is our data-driven outlook for the Honolulu real estate market heading into 2026.

Price Forecast

Prices have dipped 0.8% year-over-year. This correction may create buying opportunities as the market finds a floor.

Inventory Outlook

At 6.8 months of supply, buyers have leverage. Sellers may need to price more competitively or offer concessions.

Selling Speed

With 99 days on market, homes are taking longer to sell. Strategic pricing will be key for sellers in 2026.

Bottom line: Honolulu is currently a buyer's market. Take advantage of the negotiating power, but work with an experienced agent to identify the best deals. Find a Honolulu real estate agent to get personalized market advice.

You can also compare nearby markets, review monthly price trends, and track days on market to spot when negotiating power is shifting. Those signals often matter just as much as headline median prices.

Frequently Asked Questions About Honolulu Real Estate

Is Honolulu, HI a good place to buy a house in 2026?

Honolulu, Hawaii has a balanced with moderate competition real estate market in 2026. The median home price is $608K. Homes typically sell in 99 days. Working with a local agent helps you navigate the market and find the best opportunities.

How much does a house cost in Honolulu, HI?

The median home price in Honolulu, Hawaii is $608K as of 2026. A local real estate agent can help you find homes within your budget and identify upcoming listings.

How long does it take to sell a house in Honolulu, HI?

Houses in Honolulu, Hawaii typically sell in 99 days on average. Proper pricing and staging are essential to attract buyers in the current market. A top local agent can help sell your home faster and for the best price.

How much do real estate agents charge in Honolulu, HI?

Real estate agent commissions in Honolulu, Hawaii typically range from 5-6% of the sale price, split between buyer's and seller's agents. Our free matching service connects you with vetted local agents at no additional cost to you—we're compensated through standard referral fees from the agent's existing commission.

Is Honolulu, HI good for first-time home buyers?

Honolulu, Hawaii offers opportunities for first-time buyers, though prices may require first-time buyer assistance programs. Hawaii offers several first-time buyer programs including down payment assistance. A local agent experienced with first-time buyers can guide you through the process and available programs.

Find a Honolulu Real Estate Agent

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