HI · Metro #55

Urban Honolulu - HI housing market

The Urban Honolulu metro has a typical home value of $850,361, up 0.2% from a year ago. Homes sell in 35 days on average - a balanced market. Data from Zillow Research, updated monthly.

Typical home value
$850,361
+0.2% vs. year ago
Median sale price
$728,625
+5.8% YoY
Median list price
$624,833
Sale-to-list ratio
97.8%
Selling below ask
Days on market
35d
Listings w/ price cut
16.6%
New listings / mo
811
-14.6% YoY
Homes for sale
3,669
-4.7% YoY
Typical rent
$2,918/mo
+6.0% YoY
Context

How to read this data

The typical home value ($850,361) 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 0.2% over the past year. In Urban Honolulu - HI, that means a home worth $848,664 last year is now worth roughly $850,361.

The median sale price , what homes actually close for , is $728,625. Homes are selling at 97.8% of list price, meaning buyers have room to negotiate.

Homes listed in Urban Honolulu - HI sit on the market for roughly 35 days before going pending. Shorter = seller's market; longer = buyer's market.

About 16.6% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 811 new listings hit the market each month in Urban Honolulu - HI. There are currently 3,669 homes for sale, down 4.7% from a year ago.

The typical monthly rent in Urban Honolulu - HI is $2,918, up 6.0% 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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