Markets › Hawaii
Hawaii housing market
In the Aloha State, part of the Census Bureau's Pacific division, Pecan Street tracks two markets. Median sale prices run from $762K in Honolulu to $927K in Kahului over Jul–Sep 2026. One of two is higher than a year earlier and one is lower; Honolulu leads at +4.1% and Kahului trails at -6.1%.
Homes sit longest in Kahului (121 median days on market) and sell fastest in Honolulu (78 days). The share of active listings with a price cut runs from 17% in Kahului to 20% in Honolulu. Price-to-rent ratios run from about 18 in Honolulu to 23 in Kahului, measured as years of HUD Fair Market Rent per median sale price. Among the 385 U.S. metros Pecan Street tracks, the Kahului metro has the most median days on market and the Honolulu metro the 13th-lowest share of listings with a price cut. Hawaii's unemployment rate was 2.8% in Sep 2026 (BLS via FRED), below the national rate of 4.2%.
Markets at a glance
| Market | Median sale price | YoY | Days on market | Price-cut share | Price-to-rent |
|---|---|---|---|---|---|
| Honolulu | $762K | +4.1% | 78 | 20% | ≈ 18 |
| Kahului | $927K | -6.1% | 121 | 17% | ≈ 23 |
Median sale price and year-over-year change from Redfin (rolling three months); median days on market and the share of active listings with a price cut from Realtor.com; price-to-rent is each market page's figure (its median sale price over a year of HUD Fair Market Rent). Figures are per metro market, not statewide.
Recent signals
No market signals flagged across this state right now.