HI · Metro #55

Urban Honolulu - HI housing market

The Urban Honolulu metro has a typical home value of $851,163, up 0.6% from a year ago. Homes sell in 31 days on average - a balanced market. Data from Zillow Research, updated monthly.

Typical home value
$851,163
+0.6% vs. year ago
Median sale price
$720,862
+5.9% YoY
Median list price
$635,733
Sale-to-list ratio
98.0%
Selling below ask
Days on market
31d
Listings w/ price cut
16.9%
New listings / mo
866
-13.7% YoY
Homes for sale
3,782
-6.8% YoY
Typical rent
$2,980/mo
+5.4% YoY
Context

How to read this data

The typical home value ($851,163) is the Zillow Home Value Index for the Urban Honolulu - HI metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 0.6% over the past year. In Urban Honolulu - HI, that means a home worth $846,086 last year is now worth roughly $851,163.

The median sale price , what homes actually close for , is $720,862. Homes are selling at 98.0% of list price, meaning buyers have room to negotiate.

Homes listed in Urban Honolulu - HI sit on the market for roughly 31 days before going pending. Shorter = seller's market; longer = buyer's market.

About 16.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 866 new listings hit the market each month in Urban Honolulu - HI. There are currently 3,782 homes for sale, down 6.8% from a year ago.

The typical monthly rent in Urban Honolulu - HI is $2,980, up 5.4% year over year. For investors, the price-to-rent ratio here is roughly 24x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

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