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Featured local agent — Honokaa, HI
Sarah Mitchell
Compass Real Estate · Honokaa, HI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Honokaa, HI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$460,000median sale price
How is the Honokaa, HI housing market right now?
The median home sale price in Honokaa, HI is $460,000, down 35.8% year-over-year. Homes sell in an average of 67 days with 10 active listings. The market is currently a buyer's 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 Honokaa a buyer's or seller's market?
Honokaa, HI is currently a buyer's market, based on 10.0 months of supply and homes selling in about 67 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
67
Average pace
Active listings
10
10.0 months supply
Sale-to-list
100.0%
Above asking
What does the Honokaa housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $460,000 |
| Median list price | $529,000 |
| Year-over-year price change | -35.8% |
| Average days on market | 67 days |
| Active inventory | 10 listings |
| Months of supply | 10.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $363/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Listings with a price cut | 20.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Honokaa by property type?
How the Honokaa, HI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $460,000 | $363/sq ft | 1 | 67 days |
Source: Redfin · Updated monthly
The Honokaa housing market is currently classified as a buyer's market with a median sale price of $460,000. Prices have fallen 35.8% compared to last year, with homes spending an average of 67 days on market, indicating 10.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 7.7x provides context for how home values compare to local earning capacity.
Homes for sale in Honokaa
There are currently 10 homes listed for sale in Honokaa, Hawaii. The median listing price is $529K.
Active listings
10
Homes on market
Median list price
$529K
Avg. days on market
67
Days until sale
New this week
1
Newly listed
Who lives in Honokaa?
Population
2,353
Median income
$85,556/yr
Median age
41.1 years
Owner-occupied
77.1%
College grads
17.9%
Avg commute
33.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Honokaa?
Zillow home value
$661,605
Price-to-income
7.7x
Source: Zillow Research
What is it like to live in Honokaa?
Honokaa is a community of approximately 2K residents with a median age of 41.1 years.The median household income is $85,556, which reflects a relatively affluent area with strong earning potential. 17.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 77.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.8 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Honokaa offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Honokaa?
2 schools tracked · 1,045 students
The largest public schools serving Honokaa, 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.
Honokaa High & Intermediate School
Grades 7-12 · 669 students
Honokaa Elementary School
Grades PK-6 · 376 students
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 Honokaa, HI?
Want a head-to-head view? Compare Honokaa side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Honokaa?
The median home sale price in Honokaa is $460,000, down 35.8% from last year.
How long do homes stay on market in Honokaa?
Homes typically spend 67 days on market before going under contract.
What is the median income in Honokaa?
The median household income is $85,556 per year.
Is Honokaa a buyer's or seller's market?
With 10.0 months of supply, Honokaa is currently a buyer's market.
What is the Zillow home value estimate for Honokaa?
The Zillow Home Value Index (ZHVI) for Honokaa is $661,605, representing the typical home value in the area.
How much does a single-family home cost in Honokaa?
The median single-family home price in Honokaa, HI is $460,000 (about $363 per square foot).
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