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Honokaa Housing Market Report June 2025•Hawaii County, Hawaii

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Housing Prices in Honokaa, HI

How much do homes in Honokaa, HI cost?

Housing Market Conditions

Is Honokaa, HI a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Honokaa is a Buyer's Market

Difference Since June 2024

At the same time last year, Honokaa was a Seller's Market.

Insight

Honokaa is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$632,500$521/SqFt
-$32,500
-4.9%

Based on all homes sold in the last 12 months

Insight

Homes in Honokaa have sold for 4.9% less than they did a year ago.

Summary: The median home sold price in Honokaa was $632,500 in June 2025, down 4.9% from last year, and the median price per square foot was $521.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Honokaa
-4.9%
Kamuela
-6.3%
Honokaa-Kukuihaele
-9.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJun 2024Jun 2025Change YoY
1-$890K
N/A
2$900K$357.5K
-60.3%
3$662.5K$625K
-5.7%
4-$640K
N/A
5$1.6M$700K
-56.4%

Summary: Honokaa housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -60.3%. The home price for 3 bedroom homes decreased by -5.7%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes decreased by -56.4%.

How does Honokaa, HI compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Honokaa, HI

Housing supply in Honokaa, HI

How many homes are available in Honokaa, HI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
28Last MonthJun 2025
302 months agoMay 2025
-6.7 %
Change MoMMay – Jun

Summary: The Honokaa real estate market had 28 homes for sale in Jun 2025, a 6.7 % decrease compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
3Last MonthJun 2025
52 months agoMay 2025
-40.0 %
Change MoMMay – Jun

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
110
-100.0%
242
-50.0%
31516
+6.7%
466
0.0%
544
0.0%

Summary: Honokaa housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes decreased by -50.0%. The inventory for 3 bedroom homes increased by +6.7%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Honokaa, HI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price3 Homes

Insight

If you're buying a home in Honokaa, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Honokaa in June 2025, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Honokaa, HI

We’re sorry, we don't have information for this market at the moment.

Home sale times aren’t available for this area.

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Newest Listings in Honokaa, HI

What homes are available in Honokaa, HI?

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Nearby markets

Popular Cities with Homes for Sale in Hawaii

MLS Disclaimers and Copyright

Based on information from Hawaii Information Services Inc., for the period 07/01/2023 - 07/01/2025

IDX © 2025 MLS Hawaii, Inc. All rights reserved.
By searching, you agree to the EULA Terms Agreement.

Those properties marked with Hawaii Information Service's icon are provided courtesy of Hawaii Information Service Multiple Listing Service™ system. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/25/2025, 6:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.