Hawaii
Local Housing Market · Zillow ZHVI · July 2026
$833,877
Typical Home Value
▲ 0.5% YoY ▲ 0.14% MoM
6.65%
30Y Mortgage Rate
PMMS · Aug 20, 2026
9bps
YoY Rate Change
▲ Higher than 1yr ago
195bps
30Y/10Y Spread
Norm ~170bps
🏘 Hawaii Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$833,877
▲ 0.5% YoY
Month-over-Month
▲ 0.14% MoM
July 2026
Data Period
July 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.65%
PMMS · Aug 20, 2026
15Y Fixed
5.95%
PMMS · Aug 20, 2026
1yr Ago 30Y
6.56%
▲ Rates higher now
30Y/10Y Spread
195bps
Tight · 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 · July 2026
• Inventory is up 5.2% YoY and listing prices are softening 2.8% YoY with 14.6% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 80 days — a slower market. Pending ratio is 0.25 — moderate demand, purchase timelines are manageable.
• New listings are increasing 3.1% YoY. More sellers entering the market supports purchase loan volume.
Median Listing Price
$740,000
▼ 2.8% YoY
Median Days on Market
80d
0d YoY
Active Listings
6,735
▲ 5.2% YoY
New Listings
1,516
▲ 3.1% YoY
Price Reduced Share
14.6%
of active listings
Pending Ratio
0.25
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) · July 2026
Hilo-Kailua
▼ COOLING
National rank #273
Median Price
$609,950
Median DOM
84d
Demand score 29/100
Urban Honolulu
▼ COOLING
National rank #296
Median Price
$675,000
Median DOM
71d
Demand score 1/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply