Market Overview
Home Prices in Mililani, HI
The median home value in Mililani, HI is $886,626 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.6% compared to a year ago and down 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mililani are priced116% above average. Mililani is part of the Urban Honolulu, HI metro area.
Over the past five years, Mililani home values have risen by approximately18.7%, reflecting steady appreciation in this market.
Price History
Mililani Home Price Trend
City Comparison
Mililani vs. National Median
At $886,626, homes in Mililani cost 116% above the national median of $410,000. Buyers in Mililani should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Mililani?
20% Down Payment
$177,325
on $886,626
Monthly P&I
$4,624/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,872/mo
incl. taxes & insurance
Income Needed
$234,880
gross annual (30% rule)
10% Down Option
$88,663
+ PMI applies
Loan Amount (20% dn)
$709,301
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 Mililani, HI?
The median home value in Mililani is $886,626 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.6% year-over-year.
How much have home prices changed in Mililani?
Over the past year, home values in Mililani have increased by 0.6%. Over five years, prices have risen approximately 18.7%.
How much do I need to earn to buy a home in Mililani?
To comfortably afford the median home price of $886,626 with a 20% down payment ($177,325) at today's rates (6.8%), you'd need a gross annual income of approximately $234,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Mililani compare to the national average home price?
The national median home value is approximately $410,000. At $886,626, homes in Mililani are 116% above the national average.
What metro area is Mililani part of?
Mililani is part of the Urban Honolulu, HI metropolitan area. Home prices and market conditions can vary across the broader metro region.