Honolulu, Hawaii Real Estate Market Analysis

dynamic.RE

Honolulu, Hawaii

33 ZIPs in this city:96801 96802 96803 96804 96805 96806 96807 96808 96809 96810 96811 96812 96813 96814 96815 96816 96817 96818 96819 96820 96821 96822 96823 96824 96825 96826 96828 96830 96836 96837 96839 96848 96850

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

+10.2%

Slower

Price vs US

213%

Above avg

Median Listing Price

$694K

Population

414,987

Households

160,543

Median Days on Market

Active Listings

2,076

New Listings

468

Housing Market

Pricing

Median Listing Price

$694K-0.4% YoY

Average Listing Price

$1.14M+2.4% YoY

Price per Sq Ft

$899.867+14.0% YoY

Median Sq Ft

833-10.3% YoY

Inventory

Active Listings

2,076-5.1% YoY

New Listings

468+4.9% YoY

Total Listings

2,527-6.4% YoY

Buyer Competition

Pending Listings

455-13.8% YoY

Pending Ratio

0.22-9.1% YoY

Median Days on Market

79-3.0% YoY

Price Reduced

13.0%-1.2% YoY

Units & Occupancy

2024 Occupancy

374Kunits

Occupied338,86890.5%
Vacant35,4369.5%

2024 Tenure

339Koccupied

Owner202,60459.8%
Renter136,26440.2%

Renter Share

40.2%-0.6% YoY

Total Housing Units

374,304+0.5% YoY

FY2026 Fair Market Rent — Honolulu County

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$1,877

/month

1 BR

$2,016

/month

2 BR

$2,642

/month

3 BR

$3,674

/month

4 BR

$4,432

/month

FMR Trends — Honolulu County

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

414,987-0.1% YoY

2024 Age Mix

415Kresidents

Under 1873,13417.6%
Adults 18–64249,61360.1%
65 & Over92,24022.2%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

43.53+0.4% YoY

Population Under 18

73,134+0.5% YoY

Population 65 & Over

92,240+1.7% YoY

Households & Mobility

Total Households

160,543+0.3% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.52-0.5% YoY

2024 Residential Mobility

of residents

Same house85.7%
Moved (within US)13.0%
Other1.4%

Veterans

6.9%-3.2% YoY

Income & Poverty

Median Household Income

$98K+1.2% YoY

Per-Capita Income

$52K+1.9% YoY

Mean Household Income

$132K+2.0% YoY

Below Poverty Level

10.8%+1.8% YoY

Commuting

2024 Commute Mode

of workers

Drove alone57.1%
Public transit6.4%
Worked from home10.4%
Other26.1%

Worked From Home

10.4%+8.5% YoY

Mean Commute

22.98-1.5% YoY

Units & Tenure

Total Housing Units

182,897+0.5% YoY

2024 Occupancy

183Kunits

Occupied160,54387.8%
Vacant22,35412.2%

2024 Tenure

161Khouseholds

Owner83,58552.1%
Renter76,95847.9%

Avg Household Size — Owner

2.65-1.1% YoY

Avg Household Size — Renter

2.38+0.1% YoY

County Demographics

Median Age

39.82024

Population

Honolulu County Population

998,747+0.4% YoY

Households

Total Households

338,868+0.5% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.85-1.0% YoY

Age

2024 Age Mix

1.0Mresidents

Under 18206,02820.6%
Adults 18–64599,24059.9%
65 & Over195,87819.6%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

206,028-1.2% YoY

Population 65 & Over

195,878+2.3% YoY

Median Age

39.80+1.0% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house86.6%
Moved (within US)12.3%
Other1.1%

Veterans

8.7%0.0% YoY

County Economy

Income

Median Household Income

$106K+1.9% YoY

Per-Capita Income

$48K+2.5% YoY

Mean Household Income

$137K+2.1% YoY

Poverty

Below Poverty Level

9.2%+1.1% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone63.4%
Public transit4.9%
Worked from home9.2%
Other22.5%

Worked From Home

9.2%+9.5% YoY

Mean Commute

26.70-1.5% YoY

Honolulu, Hawaii

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

+10.2%

Slower

Price vs US

213%

Above avg

Median Listing Price

$694K

Population

414,987

Households

160,543

Median Days on Market

Active Listings

2,076

New Listings

468

Housing Market

Pricing

Median Listing Price

$694K-0.4% YoY

Average Listing Price

$1.14M+2.4% YoY

Price per Sq Ft

$899.867+14.0% YoY

Median Sq Ft

833-10.3% YoY

Inventory

Active Listings

2,076-5.1% YoY

New Listings

468+4.9% YoY

Total Listings

2,527-6.4% YoY

Buyer Competition

Pending Listings

455-13.8% YoY

Pending Ratio

0.22-9.1% YoY

Median Days on Market

79-3.0% YoY

Price Reduced

13.0%-1.2% YoY

Units & Occupancy

2024 Occupancy

374Kunits

Occupied338,86890.5%
Vacant35,4369.5%

2024 Tenure

339Koccupied

Owner202,60459.8%
Renter136,26440.2%

Renter Share

40.2%-0.6% YoY

Total Housing Units

374,304+0.5% YoY

FY2026 Fair Market Rent — Honolulu County

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$1,877

/month

1 BR

$2,016

/month

2 BR

$2,642

/month

3 BR

$3,674

/month

4 BR

$4,432

/month

FMR Trends — Honolulu County

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

414,987-0.1% YoY

2024 Age Mix

415Kresidents

Under 1873,13417.6%
Adults 18–64249,61360.1%
65 & Over92,24022.2%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

43.53+0.4% YoY

Population Under 18

73,134+0.5% YoY

Population 65 & Over

92,240+1.7% YoY

Households & Mobility

Total Households

160,543+0.3% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.52-0.5% YoY

2024 Residential Mobility

of residents

Same house85.7%
Moved (within US)13.0%
Other1.4%

Veterans

6.9%-3.2% YoY

Income & Poverty

Median Household Income

$98K+1.2% YoY

Per-Capita Income

$52K+1.9% YoY

Mean Household Income

$132K+2.0% YoY

Below Poverty Level

10.8%+1.8% YoY

Commuting

2024 Commute Mode

of workers

Drove alone57.1%
Public transit6.4%
Worked from home10.4%
Other26.1%

Worked From Home

10.4%+8.5% YoY

Mean Commute

22.98-1.5% YoY

Units & Tenure

Total Housing Units

182,897+0.5% YoY

2024 Occupancy

183Kunits

Occupied160,54387.8%
Vacant22,35412.2%

2024 Tenure

161Khouseholds

Owner83,58552.1%
Renter76,95847.9%

Avg Household Size — Owner

2.65-1.1% YoY

Avg Household Size — Renter

2.38+0.1% YoY

County Demographics

Median Age

39.82024

Population

Honolulu County Population

998,747+0.4% YoY

Households

Total Households

338,868+0.5% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.85-1.0% YoY

Age

2024 Age Mix

1.0Mresidents

Under 18206,02820.6%
Adults 18–64599,24059.9%
65 & Over195,87819.6%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

206,028-1.2% YoY

Population 65 & Over

195,878+2.3% YoY

Median Age

39.80+1.0% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house86.6%
Moved (within US)12.3%
Other1.1%

Veterans

8.7%0.0% YoY

County Economy

Income

Median Household Income

$106K+1.9% YoY

Per-Capita Income

$48K+2.5% YoY

Mean Household Income

$137K+2.1% YoY

Poverty

Below Poverty Level

9.2%+1.1% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone63.4%
Public transit4.9%
Worked from home9.2%
Other22.5%

Worked From Home

9.2%+9.5% YoY

Mean Commute

26.70-1.5% YoY