Market Intelligence · HI / Honolulu

Honolulu, HI 96816 Housing Market

In Honolulu, HI 96816, the typical home value is $1,293,472, up 5.9% over the past year as of September 2026. The median list price is $1,553,000, and homes are taking a median 80 days to sell. There were 81 homes for sale.

Updated September 2026Median value$1293K

The median home value in Honolulu, HI 96816 is $1.29M as of September 2026, up 5.9% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 96816 range

$1.19M to $1.4M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+5.9% over 12 months

Sep 2025$1.22M

Low $1.22MHigh $1.29M

Sep 2026$1.29M

The numbers

What is the 96816 housing market like?

As of September 2026

Typical home value

$1.29M

5.9%YoY

Median list price

$1.55M

0.8%MoM

Days on market

12.7%MoM

Homes for sale

1.3%MoM

Price cuts

12.6%

59.8%MoM

New listings

21.4%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

96816 housing market forecast 2027

+0.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 96816 to stay roughly flat by September 2027 (up 0.4%).

Over the 12 months through September 2026, typical home values in 96816 rose 5.9%, per the Zillow Home Value Index.

Will home prices drop in 96816?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 96816 to stay roughly flat by September 2027 (up 0.4%), after a 5.9% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 96816 home prices compare?

96816$1,293,472
Honolulu$732,752
Hawaii$842,093
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Honolulu: 11 ZIPs; Hawaii: 78 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, Honolulu 96816 had 81 homes for sale, with 22 new listings coming on during the month. The typical home value was $1,293,472, up 5.9% over the past year, while the median list price stood at $1,553,000. The median days on market was 80, so buyers had more time than a fast market usually gives them. Price cuts appeared on 12.6% of listings, which shows some sellers were adjusting rather than holding every line. For a seller, the honest read is that value growth is real, but pricing still has to match what buyers will actually pay.

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Down payment20% · $258,694

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Common questions

What people ask us.

How much is a home in 96816 worth?

The typical home value in Honolulu, HI 96816 is $1,293,472, up 5.9% over the past year as of September 2026.

How long do homes take to sell in 96816?

The median days on market is 80 as of September 2026.

Are sellers cutting prices in 96816?

As of September 2026, 12.6% of listings had a price cut, with 81 homes for sale and 22 new listings.

Discover

Nearby ZIP markets.

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