Honolulu Housing Market Report April 2025•Honolulu County, Hawaii

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Housing Prices in Honolulu, HI

How much do homes in Honolulu, HI cost?

Housing Market Conditions

Is Honolulu, 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

Honolulu is a Buyer's Market

Difference Since April 2024

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

Insight

Honolulu 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.
$699,429$708/SqFt
+$46,950
+7.2%

Based on all homes sold in the last 12 months

Insight

Homes in Honolulu have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in Honolulu was $699,429 in April 2025, up 7.2% from last year, and the median price per square foot was $708.

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
Honolulu
+7.2%
Ewa
-0.4%

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.
BedsApr 2024Apr 2025Change YoY
1$420K$403.5K
-3.9%
2$600.3K$604.1K
+0.6%
3$1.1M$1.1M
+0.9%
4$1.4M$1.6M
+8.7%
5$1.5M$1.6M
+6.7%

Summary: Honolulu housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -3.9%. The home price for 2 bedroom homes increased by +0.6%. The home price for 3 bedroom homes increased by +0.9%. The home price for 4 bedroom homes increased by +8.7%. The home price for 5 bedroom homes increased by +6.7%.

How does Honolulu, HI compare with other places?

Market comparison tool

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

Honolulu, HI

Housing supply in Honolulu, HI

How many homes are available in Honolulu, 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
2,430Last MonthApr 2025
2,1032 months agoMar 2025
+15.5 %
Change MoMMar – Apr

Summary: The Honolulu real estate market had 2,430 homes for sale in Apr 2025, a 15.5 % increase compared to Mar 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
263Last MonthApr 2025
2592 months agoMar 2025
+1.5 %
Change MoMMar – Apr

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.
BedsMar 2025Apr 2025Change MoM
1717832
+16.0%
2804941
+17.0%
3314342
+8.9%
4113145
+28.3%
5155170
+9.7%

Summary: Honolulu housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +16.0%. The inventory for 2 bedroom homes increased by +17.0%. The inventory for 3 bedroom homes increased by +8.9%. The inventory for 4 bedroom homes increased by +28.3%. The inventory for 5 bedroom homes increased by +9.7%.

Asking Price vs. Sold Price

How much do homes in Honolulu, 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 Price34 Homes

At Asking Price53 Homes

Under Asking Price176 Homes

Insight

If you're buying a home in Honolulu, you may be able to get a good deal. 66.9% of homes here sold below asking price last month.

Summary: A total of 263 homes were sold or pending in Honolulu in April 2025, up by 1.5% month-over-month. Of the 263 sold homes, 67% were sold under asking, 20% were sold at asking, and and 13% were sold over asking.

Days on Market for Honolulu, HI

How long does it take to sell a home in Honolulu, HI?

Breakdown of Home Sale Times

Under 30 Days110 Homes

30 – 90 Days72 Homes

Over 90 Days81 Homes

Insight

Many homes in Honolulu are selling fast, if you're buying plan to act quickly.

Summary: During April 2025, 263 homes were sold in Honolulu; 42% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
72 DaysThis YearApr 2025
65 Days1 year agoApr 2024
+11.0 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Honolulu had an average listing age of 72 days in Apr 2025, up by 11.0% compared to the previous year.

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Newest Listings in Honolulu, HI

What homes are available in Honolulu, HI?

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Nearby markets

Popular Cities with Homes for Sale in Hawaii

MLS Disclaimers and Copyright

Based on information from Hawaii Central MLS, Hawaii Information Services Inc., and San Francisco MLS for the period 05/01/2023 - 05/01/2025

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd.

Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 12:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX © 2025 MLS Hawaii, Inc. All rights reserved.
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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: 5/2/2025, 12:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXListings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
© 2025 San Francisco Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.