Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$855,988+2.6% YoY · prices are rising
Market right nowBalanced marketMore homes for sale than last year, 14% have cut their price
Income needed to buy, per year$185,560About 1.8× the local median income ($104,305): hard to afford
Days on market78 daysAbout the same pace as a year ago
Next 12 months+0.1%Zillow expects prices to stay about flat
The typical home in Honolulu County, HI is worth $855,988, up 2.6% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $856,269, so the area is 0.0% undervalued. It is a balanced market: homes take about 78 days to sell, listings are up 8% from a year ago, 14% of listings have had a price cut. Zillow expects prices to rise about 0.1% over the next year. A household needs about $185,560 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $104,305. Typical rent is $3,015 a month, or $3,535 for a house. In the latest IRS figures, 5,830 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$855,988
Change in 1 year
+2.6%
Overvalued %
0.0%
Show 7 more
Fair home value
$856,269
Change in 5 years
+11.9%
Zillow forecast, next 12 months
+0.1%
Home value to income
8.2×
Monthly mortgage payment (20% down)
$4,639
Income needed to afford it
$185,560
Property tax rate
0.28%
Rent and investing
Typical rent
$3,015
Typical rent for houses
$3,535
Price-to-rent ratio
23.7×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$2,542
Gross rental yield
4.23%
Cap rate (estimate)
2.75%
Market activity
Listings vs a year ago
+7.7%
Days on market
78
Listings with a price cut
13.8%
Show 3 more
Homes for sale
3,480
Pending sales per 100 listings
26
Asking price per sq ft
$704
People and jobs
Median household income
$104,305
Population change (1 year)
−0.1%
Unemployment rate
4.7%
Show 4 more
Population
988,703
Income adjusted for cost of living
$93,968
Net moves in (IRS)
−5,830
Cost of living (US = 100)
111.0
Schools, risk and environment
School rating (1 to 10)
6.4
FEMA hazard risk score (0 to 100)
98.8
Unhealthy air days a year
0
Show 4 more
Flood risk score
99.3
Wildfire risk score
99.0
Walkability (1 to 20)
12.2
Road, rail and air noise
55 dB
Questions people ask
Is Honolulu County, HI overvalued?
Home prices in Honolulu County, HI are slightly below what local incomes have historically supported: fair value is about $856,269, so the area is 0.0% undervalued.
Is Honolulu County, HI a buyer's or seller's market?
Honolulu County, HI is a balanced market: homes take about 78 days to sell, listings are up 8% from a year ago, 14% of listings have had a price cut.
Are home prices going down in Honolulu County, HI?
Home values in Honolulu County, HI are up 2.6% over the last year. Zillow's forecast for the next 12 months is +0.1%.
How much do you need to earn to buy a home in Honolulu County, HI?
A household needs about $185,560 a year to afford the typical home in Honolulu County, HI at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $104,305.