What is the typical home value in Urban Honolulu - HI?

The typical home in Urban Honolulu - HI, HI is worth $854,778 as of the most recent Zillow Home Value Index reading. Year over year the value has changed by -0.1%.

How long do homes stay on the market in Urban Honolulu - HI?

The median days to pending (time on market before a sale) in Urban Honolulu - HI is currently 40 days. Shorter days on market indicate a seller's market; longer days indicate more buyer leverage.

Are sellers cutting prices in Urban Honolulu - HI?

16.8% of active listings in Urban Honolulu - HI have had a price reduction. This is a signal of softening seller expectations relative to buyer demand.

Is Urban Honolulu - HI a buyer's or seller's market?

Based on days-on-market, price-cut share, and year-over-year appreciation, Urban Honolulu - HI is currently a balanced market. Buyers should watch days-on-market and price-cut trends monthly.

PicksByProperty

HI · Metro #55

Urban Honolulu - HI housing market

Current home values, days on market, and price-cut activity for the Urban Honolulu - HI metro. Data refreshed from Zillow Research monthly.

Typical home value

$854,778

-0.1% vs. year ago

Median list price

$618,167

Days on market

40.0d

Listings w/ price cut

16.8%

Context

How to read this data

The typical home value ($854,778) 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 down 0.1% over the past year. A home worth $855,634 last year is now worth roughly $854,778.

Homes listed in Urban Honolulu - HI sit on the market for roughly 40.0 days before going pending. Shorter = seller's market; longer = buyer's market.

About 16.8% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.