I want to... 🏠 Sell my home | 🗝️ Buy a home | 🗺️ Find a new place to live in Hawaii
💡 Key Hawaii housing market facts
Data Point | Value | Rank | Compared to National Avg |
Typical Home Value | $850,343[1] | #1 of 50 states | 130.8% higher |
Median Listing Price | $810,000[2] | #1 of 50 states | 81.3% higher |
Median Sale Price | $976,500[3] | #1 of 50 states | 131.1% higher |
30 Year Mortgage Rate | 6.78%[4] | #1 of 50 states | 2.8% lower |
Median Days on Market | 74[5] | #50 of 50 states | 44.9% longer |
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🗺️ Buying a house in the Hawaii real estate market
Hawaii has an affordability score of 11.7, meaning it takes 11.7 years of the median household income ($83,173) to afford Hawaii's median home sale price ($976,500). Because of this, we rank Hawaii as the least affordable state for buyers based strictly on prices compared to income.
Data Point | Value | Rank | Compared to National Avg |
Median Sale Price | $976,500[6] | #1 of 50 states | 131.1% higher |
30 Year Mortgage Rate | 6.78%[7] | #1 of 50 states | 2.8% lower |
Median Household Income | $83,173[8] | #4 of 50 states | 28.9% higher |
Affordability Ratio | 11.7 | #50 of 50 states | 82.1% higher |
Buyers Agent Commission | 2.47%[9] | #11 of 50 states | 2.7% lower |
Resources for Hawaii home buyers
Preparing to buy in Hawaii
Hawaii home buying costs
🗺️ 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 2.57%, which is the 9th lowest in the United States. Buyers' agents charge an average commission of 2.47%, which is the 11th lowest in the United States.
Data Point | Value | Rank | Compared to National Avg |
Median Listing Price | $810,000[10] | #1 of 50 states | 81.3% higher |
Median Sale Price | $976,500[11] | #1 of 50 states | 131.1% higher |
Median Days on Market | 74[12] | #50 of 50 states | 44.9% longer |
Buyer's Agent Commission | 2.47%[13] | #11 of 50 states | 2.7% lower |
Listing Agent Commission | 2.57%[14] | #9 of 50 states | 5.6% lower |
Resources for Hawaii home sellers
Preparing to sell in Hawaii
- 8 Steps to Selling a House in Hawaii
- Average Time to Sell a House in Hawaii
- When Is the Best Time to Sell a House in Hawaii?
- Top Real Estate Agents in Hawaii
Hawaii home selling costs and requirements
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.
Study | Best Hawaii city | Rank |
Best Pizza Cities[16] | No ranking Hawaii cities | No ranking Hawaii cities |
Best Coffee Cities[17] | No ranking Hawaii cities | No ranking Hawaii cities |
Best LGBTQ Cities[18] | No ranking Hawaii cities | No ranking Hawaii cities |
Best Bike Cities[19] | No ranking Hawaii cities | No ranking Hawaii cities |
Best Commuter Cities[20] | No ranking Hawaii cities | No ranking Hawaii cities |