The Honolulu housing market is not very competitive. Homes in Honolulu receive 2 offers on average and sell in around 84 days. The median sale price of a home in Honolulu was $498K last month, down 15.7% since last year. The median sale price per square foot in Honolulu is $712, down 4.3% since last year.
What is the housing market like in Honolulu today?
In March 2024, Honolulu home prices were down 15.7% compared to last year, selling for a median price of $498K. On average, homes in Honolulu sell after 84 days on the market compared to 78 days last year. There were 256 homes sold in March this year, down from 317 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$497,500
-15.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Honolulu, HI
$497,500
-15.7%
United States
To compare other locations to the Honolulu and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Honolulu's median sale price is 18% higher than the national average. Overall cost of living in Honolulu is 81% higher than the national average. Learn which home features in Honolulu add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Honolulu housing market?
Honolulu is not very competitive. Homes sell in 84 days.
0
100
24
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Multiple offers are rare.
The average homes sell for about 2% below list price and go pending in around 84 days.
Hot homes
can sell for around list price and go pending in around 47 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Honolulu
Explore recent offers and recently sold homes in Honolulu
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Honolulu housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Honolulu.
Risk Factor
Flood Factor - Major
31% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Honolulu has a major risk of flooding. 10,677 properties in Honolulu are likely to be
severely affected
by flooding over the next 30 years. This represents 31% of all properties in Honolulu. Flood risk is increasing slower than the national average.