Urban Honolulu, HI Housing Market
Market data powered by Zillow Research. Last updated: 2026-04-02
Urban Honolulu, HI offers balanced conditions for buyers.
- •Prices are essentially flat (-0.6% YoY) — good negotiating leverage for buyers.
- •Price-to-rent ratio: 25.1 — renting may be more affordable in the near term.
Median Home Value
$842,753
ZHVI
Year-over-Year
-0.6%
Price change
5-Year Change
+20.4%
Since 2021
Median Rent
$2,803/mo
ZORI
Active Listings
3,503
For sale
State Avg
$823,970
Hawaii
Home Value Trends
5-year Zillow Home Value Index for Urban Honolulu, HI vs. state and national averages.
Rent Data
Median Rent
$2,803/mo
Rent YoY Change
+4.8%
Other Markets in Hawaii
Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.