Honolulu, HI
Buyer's marketHonolulu's market is in transition: +0.6% YoY, median DOM 47 days. Selective deals only.
DATA · Zillow Research (via scrape.do) · AS OF APRIL 2026
| Detail | Value | Detail | Value |
|---|---|---|---|
| Median list price | $569,833 | Median sale price | $637,429 |
| Sale-to-list ratio | 0.975 | % sold below list | +68.5% |
| Active inventory | 2,241 | New listings | 430 |
How Honolulu has moved.
Honolulu sits at a median home value of $760,355 as of the latest Zillow read, essentially flat year-over-year, which historically is the most workable environment for disciplined wholesalers.
The sale-to-list ratio sits at 0.975, and 68.5% of closed sales are landing below list. That’s a clear buyer’s market — sellers are negotiating, and motivated-seller direct mail is converting at rates we haven’t seen since 2014.
Rents are workable but not generous. ZORI of $2,641/mo against a $760k median gives a 4.17% gross yield — average for the metro tier, requiring tight underwriting on any hold.
Median days-on-market is running around 47 days against 2,241 active listings. Pace is moderate — neither chaos nor stagnation. Standard wholesaling cadences work here.
MDR’s composite investor score for Honolulu is 68/100 based on rent yield, sale-to-list discount, motivated-seller proxies, and DOM. Solid mid-tier. A disciplined operator can build a real book here; a tourist will get hurt.
The same data, five operator lenses.
Lead lists, sourcing channels, and disposition strategies tuned to the local market.
ARV math, rehab scope, and exit timing for the local buyer profile.
Buy-rehab-rent-refi-repeat math tuned to local rents, prices, and DSCR.
Buy-and-hold rental analysis tuned to local rents, taxes, and tenant mix.
Subject-to, seller financing, wraps, and lease-options sized for the local market.
Honolulu for investors.
Is Honolulu a good market for real estate investors in 2026?
Metro Deal Report's composite investor score for Honolulu is 68/100, based on rent yield, sale-to-list ratio, motivated-seller proxies, and days on market. Honolulu is a solid mid-tier market — workable for disciplined operators but not a top-of-list pick.
What is the median home price in Honolulu?
The typical home value in Honolulu as of the most recent Zillow read is $760,355. Median list price is $569,833 and median sale price is $637,429. Year-over-year change: +0.6%.
What can a landlord expect to rent a property for in Honolulu?
Zillow's Observed Rent Index for Honolulu is $2,641/mo. Against the typical home value of $760k, that produces a gross annual rent yield of 4.17% — right at the national baseline, requiring tight underwriting on holds.
Is Honolulu a buyer's or seller's market?
Honolulu's current sale-to-list ratio is 0.975 with 68.5% of homes closing below list. That's a clear buyer's market — sellers are negotiating. Median days on market: 47 days. Active inventory: 2,241 listings.
Which investment strategy works best in Honolulu?
Honolulu's data favors wholesaling — soft pricing and motivated sellers make spreads workable. See the per-strategy breakdowns at /wholesaling/honolulu, /brrrr/honolulu, and /flipping/honolulu.
Loan options for Honolulu properties.
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