Hawaii
Local Housing Market · Zillow ZHVI · May 2026
$832,183
Typical Home Value
▼ 0.5% YoY ▼ 0.13% MoM
6.49%
30Y Mortgage Rate
PMMS · Jul 09, 2026
26bps
YoY Rate Change
▼ Lower than 1yr ago
195bps
30Y/10Y Spread
Norm ~170bps
🏘 Hawaii Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$832,183
▼ 0.5% YoY
Month-over-Month
▼ 0.13% MoM
May 2026
Data Period
May 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.49%
PMMS · Jul 09, 2026
15Y Fixed
5.82%
PMMS · Jul 09, 2026
1yr Ago 30Y
6.75%
▼ Rates lower 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 · June 2026
• Inventory is up 2.2% YoY and listing prices are softening 3.6% 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 80 days — a slower market. Pending ratio is 0.26 — moderate demand, purchase timelines are manageable.
• New listings are declining 13.1% YoY. Fewer new listings may constrain purchase pipeline — focus on pre-approvals to capture demand early.
Median Listing Price
$739,500
▼ 3.6% YoY
Median Days on Market
80d
0d YoY
Active Listings
6,606
▲ 2.2% YoY
New Listings
1,692
▼ 13.1% YoY
Price Reduced Share
13.9%
of active listings
Pending Ratio
0.26
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) · June 2026
Hilo-Kailua
▼ COOLING
National rank #269
Median Price
$629,000
Median DOM
88d
Demand score 33/100
Urban Honolulu
▼ COOLING
National rank #298
Median Price
$665,000
Median DOM
71d
Demand score 1/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply