Hawaii housing market: home prices by city and forecast
Hawaii home prices: the Zillow Home Value Index put a typical Hawaii home at $832,932 in September 2026, +1.4% on a year earlier.
- Typical value of a home
- $832,932September 2026, Zillow ZHVI
- Change over 12 months
- +1.4%US +1.2%
- Change over 10 years
- +53.1%US +77.4%
- Multiple from 2000
- ×4.30US ×2.99
- Home price to income
- 8.3, against a median income of $100,745.
Ranked highest first among the 50 states and DC, the typical home value is 1st, the 12-month change 33rd, growth since 2000 1st of 47, and price to income 1st.
Hawaii home prices since 2000
In January 2000 the typical Hawaii home was worth $193,814, and now it is worth $832,932. Its highest month came in July 2022 at $850,807, so today it sits −2.1% under that level.
| Decade | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2000s | $197,817 | $209,260 | $225,064 | $256,273 | $311,571 | $391,323 | $463,892 | $474,855 | $465,037 | $425,335 |
| 2010s | $416,582 | $416,768 | $412,851 | $439,265 | $477,497 | $508,645 | $538,235 | $569,311 | $597,860 | $608,662 |
| 2020s | $625,047 | $699,575 | $824,795 | $827,921 | $842,064 | $830,110 |
Hawaii home prices since 1975: the FHFA index
With the base year set at 1975 = 100, FHFA's repeat-sales index put Hawaii at 1572 in 2025, and by Q2 2026 it stood +8.7% on a year.
The Census of Housing records what owners reported: $12,283 for Hawaii in 1950, rising to $272,700 in 2000.
| Census year | Hawaii median value | US median value |
|---|---|---|
| 1950 | $12,283 | $7,354 |
| 1960 | $20,900 | $11,900 |
| 1970 | $35,100 | $17,000 |
| 1980 | $118,100 | $47,200 |
| 1990 | $245,300 | $79,100 |
| 2000 | $272,700 | $119,600 |
No inflation adjustment is applied. Census of Housing tables
Home prices in Hawaii by city
Pages exist for 2 cities, largest first:
| City | Typical value of a home | Change over 12 months | Multiple from 2000 |
|---|---|---|---|
| Honolulu | $774,710 | +2.3% | ×3.08 |
| Hilo | $562,242 | +5.4% | |
| Ewa Beach | $831,652 | +2.2% | |
| Waipahu | $867,652 | +3.5% | |
| Mililani | $884,193 | +2.5% | |
| Kapolei | $841,341 | +1.9% | |
| Kailua | $1,526,023 | +2.7% | |
| Kaneohe | $1,081,692 | +4.0% | |
| Wahiawa | $860,811 | +3.9% | |
| Waianae | $577,782 | +3.8% | |
| Aiea | $829,819 | +1.3% | |
| Kailua Kona | $877,833 | −0.1% | |
| Pearl City | $944,307 | +3.5% | |
| Wailuku | $903,428 | −1.9% | |
| Kahului | $1,006,867 | −2.2% |
Zillow Home Value Index, September 2026.
Metro forecasts: where Hawaii prices are heading
In September 2026 for 2 Hawaii metros, Zillow's 12-month forecasts range from +0.1% to +0.2%:
| Metro | Next 3 months | Next 12 months |
|---|---|---|
| Urban Honolulu, HI | 0% | +0.1% |
| Hilo, HI | +0.1% | +0.2% |
This is Zillow's estimate, not investment advice.
The cost of living in Hawaii
BEA figures put Hawaii's price level at 110.0 (US 100), with utilities 190.2, goods 111.6, other services 102.9, and housing 125.3. Median household income sits at $100,745; median gross rent is $1,942 a month (Census ACS 2024). Owner-occupied homes account for 62%, and the median year built is 1981.
For every state, see cost of living by state; the city pages include Honolulu.
How to read the chart
In dollars, the first chart peaks at $850,807 in July 2022. An index is what the second chart shows, and Hawaii's line ends at 1572, meaning prices there sit at 15.7 times the 1975 level. No inflation adjustment applies to either one.