Hawaii
Local Housing Market · Zillow ZHVI · September 2026
$832,932
Typical Home Value
▲ 1.4% YoY ▲ 0.28% MoM
7.40%
30Y Mortgage Rate
PMMS · Oct 15, 2026
121bps
YoY Rate Change
▲ Higher than 1yr ago
230bps
30Y/10Y Spread
Norm ~170bps
🏘 Hawaii Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$832,932
▲ 1.4% YoY
Month-over-Month
▲ 0.28% MoM
September 2026
Data Period
September 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
7.40%
PMMS · Oct 15, 2026
15Y Fixed
6.71%
PMMS · Oct 15, 2026
1yr Ago 30Y
6.19%
▲ Rates higher now
30Y/10Y Spread
230bps
Normal · norm ~170bps
Freddie Mac PMMS via FRED · National rates · State-specific rates may vary slightly
📋 Realtor.com Market Data · Hawaii
Market Indicators
REALTOR.COM🏦 LO Market Signal · September 2026
• Inventory is up 9.6% YoY and listing prices are softening 2.3% YoY with 13.9% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 88 days — a slower market. Pending ratio is 0.23 — moderate demand, purchase timelines are manageable.
• New listings are increasing 2.3% YoY. More sellers entering the market supports purchase loan volume.
Median Listing Price
$732,450
▼ 2.3% YoY
Median Days on Market
88d
0d YoY
Active Listings
6,605
▲ 9.6% YoY
New Listings
1,416
▲ 2.3% YoY
Price Reduced Share
13.9%
of active listings
Pending Ratio
0.23
pending ÷ active
Realtor.com Research · State-level inventory data · Updated monthly
Hottest Markets in Hawaii
REALTOR.COMTop metros by national hotness rank (supply + demand composite) · September 2026
Hilo-Kailua
▼ COOLING
National rank #275
Median Price
$599,925
Median DOM
86d
Demand score 27/100
Urban Honolulu
▼ COOLING
National rank #291
Median Price
$674,000
Median DOM
73d
Demand score 1/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply