Hawaii Home Values & Market Trends
There have been 31,221 properties sold in the Hawaii real estate market trends. Median home values in the Hawaii housing market are $835,112.45. The median residential home value for transactions over the last 12 months is 430,022.326. The State of Hawaii currently has 1,451 properties in foreclosure, 75 bank owned properties, and 26 headed for auction.
Hawaii Real Estate Market Overview
Housing Market Summary for Hawaii
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $836.5K | $781K | -6.64% |
| Median Sold Price | $836.1K | $781K | -6.59% |
| Homes For Sale | 1,496 | 1,918 | 28.21% |
| Homes Sold | 12,109 | 12,986 | 7.24% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Hawaii
Browse Homes in Hawaii
There are currently 1,962 properties for sale in Hawaii. The current home value ranges in price from 60,000 to 40,000,000. The total count of properties in the state is 445,525, and the percentage of properties for sale is 1962.00%.
- Pre-ForeclosurePre-foreclosure homes account for 0.30% of all residential properties in Hawaii with Honolulu containing 902 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 5 counties within Hawaii; of those counties, the estimated home value for pre-foreclosure homes ranges from $5,783,562 in Kauai to the lowest home value of $84,049 in Honolulu.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Hawaii ranges from the highest value of $1,503,979 in Maui to the lowest value of $60,000 in Hawaii. Bank owned homes and properties account for 0.02% of properties in Hawaii. There are 5 counties within Hawaii; Honolulu containing 35 REO properties, has the highest number of bank owned properties in a single county.
- AuctionsHonolulu has 23 auction properties, the highest number of properties going to auction in a single county in the state of Hawaii. Auction homes and other auction properties account for 0.01% of all properties in Hawaii. There are 5 counties within Hawaii; of those counties, the median estimated home value for homes going to auction ranges from $2,052,701 in Maui to the lowest value of $258,127 in Maui.
Compare Nearby Cities
More Real Estate Resources for Hawaii
Guide for Hawaii
Honolulu’s real estate market exhibits a mix of stability and fluctuation in property values, with trends varying across nearby cities. Factors influencing these trends include property sizes, local demand dynamics, economic conditions, and global events. Investors and homebuyers need a comprehensive understanding of these conditions for well-informed decisions.
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