Will home prices go up in Hawaii in 2027?

The recent trend points up. The median value moved +2.8% over the past 12 months, and a simple extension of the past 12 months puts the typical value near $857,000 by August 2027. This is a trend projection, not a prediction: actual values depend on mortgage rates, inventory, and local conditions.

What is the typical home value in Hawaii?

The typical home value in Hawaii is $839,019 as of August 2026, the median Zillow Home Value Index across ZIP codes in the state.

How much have Hawaii home values changed in the past year?

The median home value in Hawaii changed +2.8% over the 12 months ending August 2026, based on the Zillow Home Value Index.

US housing market report · August 2026

The state of the Hawaii housing market.

Name: Hawaii Housing Market Report by Home Value Pros
Creator: Home Value Pros
License: https://www.homevaluepros.com/terms

Median home value and city-by-city trends across Hawaii, from Zillow Home Value Index data. Free to cite with attribution to Home Value Pros.

Hawaii median value

$839K

Zillow ZHVI, August 2026

Cities covered

with published pages

Report video

Monthly

per city, on each hub

12-month outlook · data through August 2026

Where are Hawaii home values headed?

Current typical value

$839,019

Zillow ZHVI median, August 2026

Past 12 months

+2.8%

change in the median

12 months out

$857,000

if the recent trend continues

Trend projection from the past 12 months, not a prediction. Actual values depend on mortgage rates, inventory, and local conditions.

Where values are climbing

Fastest appreciating Hawaii cities

1Honolulu
$732KUp2.6%
2Kailua
$1.52MUp2.3%
3Ewa Beach
$827KUp1.9%

Where the market is cooling

Fastest cooling Hawaii cities

1Ewa Beach
$827KUp1.9%
2Kailua
$1.52MUp2.3%
3Honolulu
$732KUp2.6%

Priciest markets in the state

Most expensive Hawaii cities by median value

1Kailua
$1.52M
2Ewa Beach
$827K
3Honolulu
$732K

Common questions

What people ask us.

Methodology & attribution

Figures are medians of the latest Zillow Home Value Index (ZHVI) across each city's published ZIPs in Hawaii, as of August 2026. Year-over-year change compares each market to the same month a year earlier, paired ZIPs only. Data and analysis by Home Value Pros; cite with a link to this report. See the national housing market report and the Hawaii market index.