Market Overview
Home Prices in Waimea, HI
The median home value in Waimea, HI is $750,860 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.7% compared to a year ago and down 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Waimea are priced83% above average. Waimea is part of the Kapaa, HI metro area.
Over the past five years, Waimea home values have risen by approximately31.3%, reflecting strong long-term appreciation in this market.
Price History
Waimea Home Price Trend
City Comparison
Waimea vs. National Median
At $750,860, homes in Waimea cost 83% above the national median of $410,000. Buyers in Waimea should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Waimea?
20% Down Payment
$150,172
on $750,860
Monthly P&I
$3,916/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,973/mo
incl. taxes & insurance
Income Needed
$198,920
gross annual (30% rule)
10% Down Option
$75,086
+ PMI applies
Loan Amount (20% dn)
$600,688
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 Waimea, HI?
The median home value in Waimea is $750,860 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.7% year-over-year.
How much have home prices changed in Waimea?
Over the past year, home values in Waimea have increased by 2.7%. Over five years, prices have risen approximately 31.3%.
How much do I need to earn to buy a home in Waimea?
To comfortably afford the median home price of $750,860 with a 20% down payment ($150,172) at today's rates (6.8%), you'd need a gross annual income of approximately $198,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Waimea compare to the national average home price?
The national median home value is approximately $410,000. At $750,860, homes in Waimea are 83% above the national average.
What metro area is Waimea part of?
Waimea is part of the Kapaa, HI metropolitan area. Home prices and market conditions can vary across the broader metro region.