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Sarah Mitchell

CNESRESABR

Compass Real Estate · Hanalei, HI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Hanalei, HI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Hanalei, HI Housing Market & Real Estate

Balanced market

Housing market overview · Updated monthly ·

$2.40Mmedian sale price

How is the Hanalei, HI housing market right now?

The median home sale price in Hanalei, HI is $2.40M. Homes sell in an average of 144 days with 1 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Hanalei a buyer's or seller's market?

Balanced market1.0 months of supply144 avg. days on market

Hanalei, HI is currently a balanced market, based on 1.0 months of supply and homes selling in about 144 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

144

Average pace

Active listings

1

1.0 months supply

Sale-to-list

85.9%

Below asking

What does the Hanalei housing market data show?

Current housing market statistics for Hanalei, HI
MetricValue
Median sale price$2.40M
Average days on market144 days
Active inventory1 listings
Months of supply1.0 months
Sale-to-list price ratio85.9%
Median price per sq ft$1,210/sq ft
Homes sold (latest month)1
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Hanalei by property type?

How the Hanalei, HI market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Hanalei, HI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$2.40M$1,210/sq ft1144 days

Source: Redfin · Updated monthly

The Hanalei housing market is currently classified as a balanced market with a median sale price of $2.40M. Prices have fallen 0.0% compared to last year, with homes spending an average of 144 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 29.7x provides context for how home values compare to local earning capacity.

Homes for sale in Hanalei

There are currently 1 homes listed for sale in Hanalei, Hawaii.

Active listings

1

Homes on market

Avg. days on market

144

Days until sale

Sale-to-list:85.9%

Who lives in Hanalei?

Population

239

Median income

$114,375/yr

Median age

65.3 years

Owner-occupied

74.3%

College grads

64.8%

Avg commute

23 min

Source: U.S. Census Bureau ACS

What are homes worth in Hanalei?

Zillow home value

$3.39M

Price-to-income

29.7x

Source: Zillow Research

What is it like to live in Hanalei?

Hanalei is a community of approximately 0K residents with a median age of 65.3 years.The median household income is $114,375, which reflects a relatively affluent area with strong earning potential. 64.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 74.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 23 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Hanalei offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Hanalei?

1 schools tracked · 218 students

The largest public schools serving Hanalei, HI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Hanalei Elementary School

Grades PK-6 · 218 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Hanalei, HI?

Want a head-to-head view? Compare Hanalei side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Hanalei?

The median home sale price in Hanalei is $2.40M, down 0.0% from last year.

How long do homes stay on market in Hanalei?

Homes typically spend 144 days on market before going under contract.

What is the median income in Hanalei?

The median household income is $114,375 per year.

Is Hanalei a buyer's or seller's market?

With 1.0 months of supply, Hanalei is currently a balanced market.

What is the Zillow home value estimate for Hanalei?

The Zillow Home Value Index (ZHVI) for Hanalei is $3.39M, representing the typical home value in the area.

How much does a single-family home cost in Hanalei?

The median single-family home price in Hanalei, HI is $2.40M (about $1,210 per square foot).

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