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Hawaii Home Values and Rents

The median home value in Hawaii is $839,100, 1st highest among states. Prices changed +5.8% in the year through Q2 2026.

Typical home value
$832,932
1st of 51 states
Median rent
$1,971/mo
ACS 2020-2024
Price change, 1 year
+5.8%
3rd fastest of 51
Homeownership
63.0%
Owner-occupied homes

Hawaii home prices since 2000

FHFA purchase-only House Price Index, seasonally adjusted (1991 = 100)

HawaiiUnited States
Show as a table
PeriodHawaii
Q2 2026421
Q4 2025395
Q4 2024392
Q4 2023380
Q4 2022393
Q4 2021339
Q4 2020280
Q4 2019263
Q4 2018253
Q4 2017247
Q4 2016231
Q4 2015221
Q4 2014206
Q4 2013197
Q4 2012183

Over five years, Hawaii home prices changed +38.0%, compared with +29.9% for the U.S.

Source: Federal Housing Finance Agency ยท Last updated 07/01/2026

Home values by county

Zillow typical home value; price changes from FHFA annual county index

Swipe the table sideways to see more columns.

#CountyTypical valueMedian rent1-year5-year
1Kauai County$1,014,244$1,870-0.8%+52.1%
2Maui County$982,145$1,916+4.3%+55.4%
3Honolulu County$855,988$2,083+1.4%+36.9%
4Hawaii County$574,749$1,510+6.1%+58.5%

Most expensive cities in Hawaii

Cities and towns with 10,000+ residents, by typical home value

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#CityPopulationTypical valueMedian rent
1Kailua39,640$1,526,023$3,093
2East Honolulu51,360$1,212,000$3,313
3Kaneohe37,355$1,081,692$2,269
4Halawa14,385$1,051,900$1,739
5Kahului28,288$1,006,867$1,488
6Kihei21,567$990,702$2,045
7Mililani Mauka21,278$988,100$2,350
8Lahaina10,162$965,230$1,997
9Kapaa11,094$951,642$2,020
10Pearl City44,547$944,307$2,316
11Mililani Town27,668$923,900$2,384
12Wailuku16,926$903,428$1,762
13Ocean Pointe17,085$900,200$3,424
14Waipahu40,482$867,652$1,658
15Makakilo20,735$867,200$2,276
16Royal Kunia13,555$862,400$2,921
17Wahiawa17,996$860,811$1,546
18Kapolei22,232$841,341$2,311
19Ewa Beach14,376$831,652$2,522
20Ewa Gentry26,563$816,000$2,580
21Waihee-Waiehu10,988$777,000$2,191
22Honolulu345,482$774,710$1,823
23Kaiminani11,465$772,800$1,202
24Waipio10,870$749,500$2,219
25Kailua21,818$667,400$1,754

Most affordable cities in Hawaii

Cities and towns with 10,000+ residents, lowest home values first

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#CityPopulationTypical valueMedian rent
1Kaneohe Base10,919$352,000$3,410
2Makaha10,066$394,000$1,868
3Hawaiian Paradise Park13,203$457,100$1,310
4Nanakuli12,383$488,600$1,690
5Hilo50,404$562,242$1,427
6Waianae12,918$577,782$1,277
7Waimalu13,061$597,800$1,931
8Maili11,570$640,600$2,420
9Kailua21,818$667,400$1,754
10Waipio10,870$749,500$2,219
11Kaiminani11,465$772,800$1,202
12Honolulu345,482$774,710$1,823
13Waihee-Waiehu10,988$777,000$2,191
14Ewa Gentry26,563$816,000$2,580
15Ewa Beach14,376$831,652$2,522

Home sale prices by metro area

Zillow median sale price, Sep 2026. Metro areas can cross state lines.

Metro areaMedian price1 yr
Kahului-Wailuku, HI$931,851-1.4%
Urban Honolulu, HI$754,438+5.5%
Hilo-Kailua, HI$520,761-11.3%

Metro areas in Hawaii

FHFA all-transactions index; metro areas may cross state lines

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Metro area1-year5-year
Urban Honolulu, HI+11.1%+38.6%
Kahului-Wailuku, HI+3.9%+48.6%

ZIP codes with the biggest 5-year price gains

FHFA annual ZIP code index, 2025

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#ZIP code1-year5-year
196743+4.2%+63.7%
296708+0.4%+63.2%
396740+7.4%+61.9%
496720+4.8%+60.9%
596768+8.3%+59.8%
696793-1.2%+54.8%
796732-0.6%+53.3%
896766-2.9%+52.5%
996727+11.5%+52.4%
1096778+5.7%+51.7%
1196734+6.1%+48.8%
1296741-5.7%+48.7%
1396738-+48.3%
1496746-0.8%+47.9%
1596753-8.3%+45.7%

Frequently asked questions

What is the median home value in Hawaii?
The median value of owner-occupied homes in Hawaii is $839,100, according to the American Community Survey 2020-2024 5-year estimates. That ranks 1st highest among the states and D.C.
Are home prices going up in Hawaii?
Home prices in Hawaii changed +5.8% over the year through Q2 2026 and +38.0% over five years, according to the FHFA House Price Index.
What is the most expensive city in Hawaii?
Among cities and towns with at least 10,000 residents, Kailua has the highest typical home value at $1,526,023, followed by East Honolulu ($1,212,000) and Kaneohe ($1,081,692).
Where are homes most affordable in Hawaii?
Kaneohe Base has the lowest typical home value among cities with 10,000+ residents at $352,000, followed by Makaha ($394,000) and Hawaiian Paradise Park ($457,100).
How much do homes sell for in Hawaii?
In Sep 2026, the median sale price was $931,851 in the Kahului-Wailuku, HI area, $754,438 in the Urban Honolulu, HI area and $520,761 in the Hilo-Kailua, HI area, according to Zillow. These are the metro areas in Hawaii with the highest median sale prices.
What is the average rent in Hawaii?
The median gross rent in Hawaii is $1,971 a month, including utilities paid by the renter (ACS 2020-2024). About 37% of households rent.