Honolulu County Housing Market Report March 2025•Honolulu County, Hawaii

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Housing Prices in Honolulu County, HI

How much do homes in Honolulu County, HI cost?

Housing Market Conditions

Is Honolulu County, 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 County is a Buyer's Market

Difference Since March 2024

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

Insight

Honolulu County 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.
$773,634$657/SqFt
+$28,551
+3.8%

Based on all homes sold in the last 12 months

Insight

Homes in Honolulu County have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Honolulu County was $773,634 in March 2025, up 3.8% from last year, and the median price per square foot was $657.

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.
BedsMar 2024Mar 2025Change YoY
1$407.2K$405K
-0.6%
2$550.1K$555.1K
+0.9%
3$862.6K$888.8K
+3.0%
4$1.1M$1.1M
+9.0%
5$1.2M$1.3M
+4.4%

Summary: Honolulu County housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -0.6%. The home price for 2 bedroom homes increased by +0.9%. The home price for 3 bedroom homes increased by +3.0%. The home price for 4 bedroom homes increased by +9.0%. The home price for 5 bedroom homes increased by +4.4%.

How does Honolulu County, HI compare with other places?

Market comparison tool

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

Honolulu County, HI

Housing supply in Honolulu County, HI

How many homes are available in Honolulu County, 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
4,226Last MonthMar 2025
3,5932 months agoFeb 2025
+17.6 %
Change MoMFeb – Mar

Summary: The Honolulu County real estate market had 4,226 homes for sale in Mar 2025, a 17.6 % increase compared to Feb 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
514Last MonthMar 2025
4052 months agoFeb 2025
+26.9 %
Change MoMFeb – Mar

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.
BedsFeb 2025Mar 2025Change MoM
1791927
+17.2%
21,1881,395
+17.4%
39171,073
+17.0%
4396463
+16.9%
5301368
+22.3%

Summary: Honolulu County housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +17.2%. The inventory for 2 bedroom homes increased by +17.4%. The inventory for 3 bedroom homes increased by +17.0%. The inventory for 4 bedroom homes increased by +16.9%. The inventory for 5 bedroom homes increased by +22.3%.

Asking Price vs. Sold Price

How much do homes in Honolulu County, 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 Price110 Homes

At Asking Price117 Homes

Under Asking Price287 Homes

Insight

If you're buying a home in Honolulu County, you may be able to get a good deal. 55.8% of homes here sold below asking price last month.

Summary: A total of 514 homes were sold or pending in Honolulu County in March 2025, up by 26.9% month-over-month. Of the 514 sold homes, 56% were sold under asking, 23% were sold at asking, and and 21% were sold over asking.

Days on Market for Honolulu County, HI

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

Breakdown of Home Sale Times

Under 30 Days262 Homes

30 – 90 Days140 Homes

Over 90 Days112 Homes

Insight

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

Summary: During March 2025, 514 homes were sold in Honolulu County; 51% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 22% 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
56 DaysThis YearMar 2025
53 Days1 year agoMar 2024
+6.1 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Honolulu County had an average listing age of 56 days in Mar 2025, up by 6.1% compared to the previous year.

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Newest Listings in Honolulu County, HI

What homes are available in Honolulu County, HI?

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MLS Disclaimers and Copyright

Based on information from Hawaii Central MLS, Hawaii Information Services Inc., and OneKey MLS for the period 04/01/2023 - 04/01/2025

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: 4/9/2025, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/9/2025, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/9/2025, 3:11:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.