The Hawaii Real Estate Market: 2025 Trends

🏠 Buying a house in Hawaii | 🏘️ Selling a house in Hawaii | 🚚 Moving to Hawaii

FAQ | 📊 Methodology

🏡 Home values in Hawaii have fallen 0.40% over the past year, indicating a buyer's market.

📈 Housing inventory (the total number of homes for sale) stands at 1,143. That's about 4.98 months of inventory, indicating a seller's market.

📊 The sale-to-list price ratio (the percentage of listing price sellers are actually getting) is 97.90%, indicating a buyer's market.

How does Hawaii compare to the national average?

Data pointValueRankCompared to national avg
Typical home value $824,130[1]#1 of 50 states119.3% higher
Median listing price $749,500[2]#2 of 50 states69.1% higher
Median sale price $942,500[3]#1 of 50 states115.4% higher
30-year mortgage rate 6.78%[4]#1 of 50 states2.8% lower
Median days on market 91[5]#50 of 50 states54.8% longer
Show more

Looking to buy or sell in Hawaii?

Enter your zip code to match with top agents in your area!

Buying a house in the Hawaii real estate market

Hawaii has an affordability score of 9.9, meaning it takes 9.9 years of the median household income ($95,322) to afford Hawaii's median home sale price ($942,500). Because of this, we rank Hawaii as the least affordable state for buyers based strictly on prices compared to income.

Data PointValueRankCompared to national avg
Median sale price $942,500[6]#1 of 50 states115.4% higher
30-year mortgage rate 6.78%[7]#1 of 50 states2.8% lower
Median household income $95,322[8]#6 of 50 states23.8% higher
Affordability ratio 9.9#50 of 50 states77.3% higher
Buyers agent commission 2.45%[9]#4 of 50 states10.8% lower
Show more

Who pays for realtor commission in Hawaii?

Real estate agents' commissions are technically the responsibility of their respective clients - buyers pay their agents, and sellers pay theirs. Each party signs a contract with their agent promising to pay. However, sellers usually offer to pay for the buyer's agent so they can more easily afford the home.

Who pays closing costs in Hawaii?

Sellers are usually responsible for most closing costs, but some closing expenses fall to the buyer. As a buyer, you'll be expected to pay for the mortgage loan origination fee and other lender-related fees, private mortgage insurance, the down payment, an appraisal fee, and a home inspection fee.

Learn more about who pays closing costs in Hawaii.

Resources for Hawaii home buyers

Selling a house in the Hawaii real estate market

According to our detailed survey of Hawaii real estate agents, listing agents (those representing the seller) charge an average commission in Hawaii of 2.58%, which is the 3rd lowest in the United States. Buyers' agents charge an average commission of 2.45%, which is the 4th lowest in the United States.

Data pointValueRankCompared to national avg
Median listing price $749,500[10]#2 of 50 states69.1% higher
Median sale price $942,500[11]#1 of 50 states115.4% higher
Median days on market 91[12]#50 of 50 states54.8% longer
Buyer's agent commission 2.45%[13]#4 of 50 states10.8% lower
Listing agent commission 2.58%[14]#3 of 50 states9.2% lower

Resources for Hawaii home sellers

Moving to Hawaii

According to our recent moving trends survey[15], Hawaii is the 6th most desirable state to move to, with 18% of Americans indicating that they would choose to move there if money were no object. Likewise, 15% of survey respondents indicated that they would move to Honolulu among a choice of America's medium-sized cities.

Here's how Hawaii cities rank in a number of our research studies.

StudyBest Hawaii cityRank
Best Pizza Cities[16]No ranking Hawaii citiesNo ranking Hawaii cities
Best Coffee Cities[17]No ranking Hawaii citiesNo ranking Hawaii cities
Best LGBTQ Cities[18]No ranking Hawaii citiesNo ranking Hawaii cities
Best Bike Cities[19]No ranking Hawaii citiesNo ranking Hawaii cities
Best Commuter Cities[20]No ranking Hawaii citiesNo ranking Hawaii cities
Show more

Where to shop for homes in Hawaii

Frequently asked questions

As of October 10, 2025, the median days on market (DOM) in Hawaii is 69. On average, it takes about 68 days to sell in Hawaii.

Home values have fallen in Hawaii over the past year. The current median home value is $831,289 and it's projected to decrease by 0.48% in the next year.

As of October 10, 2025, sellers in Hawaii are typically getting 100% of the list price for their homes.

Methodology

Information on market conditions is based on Zillow data as of August 2025, Realtor.com data as of September 2025, and HouseCanary data as of October 10, 2025, unless specified otherwise.

We gathered our commission rate data from a September 2025 survey of 828 of agents nationwide. The survey asked about standard local rates for both listing and buying agents. To ensure an adequate amount of agent data, these data points are averages based on responses we've received from 128 agents in the Pacific region.

Article Sources

[1] Zillow – "Zillow Home Value Index". Updated August 31, 2025.
[2] Realtor.com – "Realtor.com Data Library". Updated September 2025.
[3] Redfin – "Redfin Data Center". Updated August 2025.
[4] Bankrate – "Bankrate". Updated October 2025.
[5] Realtor.com – "Realtor.com Data Library". Updated September 2025.
[6] Redfin – "Redfin Data Center". Updated August 2025.
[7] Bankrate – "Bankrate". Updated October 2025.
[8] US Census – "US Census, 2020 American Community Survey". Updated 2020.
[9] Clever Real Estate – "Clever Real Estate survey of American real estate agents". Updated October 2025.
[10] Realtor.com – "Realtor.com Data Library". Updated September 2025.
[11] Redfin – "Redfin Data Center". Updated August 2025.
[12] Realtor.com – "Realtor.com Data Library". Updated September 2025.
[13] Clever Real Estate – "Clever Real Estate survey of American real estate agents". Updated October 2025.
[14] Clever Real Estate – "Clever Real Estate survey of American real estate agents". Updated October 2025.
[15] Home Bay – "Half of Americans Are Surprised by How Much It Costs to Move". Updated February 26, 2024.
[16] Clever Real Estate – "The 15+ Best Pizza Cities in America". Updated February 12, 2024.
[17] Clever Real Estate – "The Best (and Worst) Coffee Cities in America". Updated January 12, 2024.
[18] Clever Real Estate – "The Most (and Least) LGBTQ-Friendly Cities in America". Updated October 23, 2023.
[19] Clever Real Estate – "The Most Bike-Friendly Cities in the U.S.". Updated July 17, 2023.
[20] Clever Real Estate – "The Best (and Worst) Cities for Commuters". Updated September 21, 2023.

Better real estate agents at a better rate

Enter your zip code to see if Clever has a partner agent in your area
If you don't love your Clever partner agent, you can request to meet with another, or shake hands and go a different direction. We offer this because we're confident you're going to love working with a Clever Partner Agent.