Market Overview
Home Prices in Honolulu, HI
The median home value in Honolulu, HI is $767,860 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.9% compared to a year ago and down 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Honolulu are priced87% above average. Honolulu is part of the Urban Honolulu, HI metro area.
Over the past five years, Honolulu home values have risen by approximately9.4%, reflecting steady appreciation in this market.
Price History
Honolulu Home Price Trend
City Comparison
Honolulu vs. National Median
At $767,860, homes in Honolulu cost 87% above the national median of $410,000. Buyers in Honolulu should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Honolulu?
20% Down Payment
$153,572
on $767,860
Monthly P&I
$4,005/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,086/mo
incl. taxes & insurance
Income Needed
$203,440
gross annual (30% rule)
10% Down Option
$76,786
+ PMI applies
Loan Amount (20% dn)
$614,288
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Honolulu, HI?
The median home value in Honolulu is $767,860 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.9% year-over-year.
How much have home prices changed in Honolulu?
Over the past year, home values in Honolulu have increased by 0.9%. Over five years, prices have risen approximately 9.4%.
How much do I need to earn to buy a home in Honolulu?
To comfortably afford the median home price of $767,860 with a 20% down payment ($153,572) at today's rates (6.8%), you'd need a gross annual income of approximately $203,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Honolulu compare to the national average home price?
The national median home value is approximately $410,000. At $767,860, homes in Honolulu are 87% above the national average.
What metro area is Honolulu part of?
Honolulu is part of the Urban Honolulu, HI metropolitan area. Home prices and market conditions can vary across the broader metro region.