Market Intelligence · HI / Honolulu

Honolulu, HI 96818 Housing Market

In Honolulu's 96818 ZIP code, the typical home value is $505,920 as of September 2026, down 2.9% over the past year. The median list price sits at $439,250, and homes are spending a median of 88 days on the market.

Updated September 2026Median value$506K

The median home value in Honolulu, HI 96818 is $506K as of September 2026, down 2.9% 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 96818 range

$465K to $546K

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

-2.9% over 12 months

Sep 2025$521K

Low $506KHigh $521K

Sep 2026$506K

The numbers

What is the 96818 housing market like?

As of September 2026

Typical home value

$506K

2.9%YoY

Median list price

$439K

0.1%MoM

Days on market

25.7%MoM

Homes for sale

8.2%MoM

Price cuts

18.6%

26.4%MoM

New listings

42.9%MoM

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

The outlook

96818 housing market forecast 2027

-1.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 96818 to fall 1.2% by September 2027.

Over the 12 months through September 2026, typical home values in 96818 fell 2.9%, per the Zillow Home Value Index.

Will home prices drop in 96818?

Zillow's forecast says they may: it expects typical home values in 96818 to fall 1.2% by September 2027, after a 2.9% decline 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 96818 home prices compare?

96818$505,920
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

The 96818 housing market in Honolulu is moving slowly as of September 2026. There are 89 homes for sale, with 16 new listings added, and the median time on market is 88 days. The median list price of $439,250 sits below the typical home value of $505,920, which has fallen 2.9% over the past year. About 18.6% of listings have taken a price cut. For sellers, the picture is soft, and pricing realistically from the start matters more than testing the market.

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Down payment20% · $101,184

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Common questions

What people ask us.

How much is a home in 96818 worth?

The typical home value in 96818 is $505,920 as of September 2026, down 2.9% over the past year.

How long does it take to sell a home in 96818?

Homes in 96818 spend a median of 88 days on the market as of September 2026.

Are sellers in 96818 cutting prices?

Yes. As of September 2026, 18.6% of listings in 96818 have had a price cut, with a median list price of $439,250.

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