Hawaii
Local Housing Market · Zillow ZHVI · March 2026
$832,967
Typical Home Value
▼ 1.2% YoY ▲ 0.13% MoM
6.37%
30Y Mortgage Rate
PMMS · May 07, 2026
44bps
YoY Rate Change
▼ Lower than 1yr ago
199bps
30Y/10Y Spread
Norm ~170bps
🏘 Hawaii Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$832,967
▼ 1.2% YoY
Month-over-Month
▲ 0.13% MoM
March 2026
Data Period
March 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.37%
PMMS · May 07, 2026
15Y Fixed
5.72%
PMMS · May 07, 2026
1yr Ago 30Y
6.81%
▼ Rates lower now
30Y/10Y Spread
199bps
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 · April 2026
• Inventory is down 1.8% YoY and listing prices are softening 4.5% YoY with 13.8% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 84 days — a slower market. Pending ratio is 0.27 — moderate demand, purchase timelines are manageable.
• New listings are declining 12.3% YoY. Fewer new listings may constrain purchase pipeline — focus on pre-approvals to capture demand early.
Median Listing Price
$740,000
▼ 4.5% YoY
Median Days on Market
84d
0d YoY
Active Listings
6,193
▼ 1.8% YoY
New Listings
1,574
▼ 12.3% YoY
Price Reduced Share
13.8%
of active listings
Pending Ratio
0.27
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) · April 2026
Hilo-Kailua
▼ COOLING
National rank #278
Median Price
$645,250
Median DOM
85d
Demand score 30/100
Urban Honolulu
▼ COOLING
National rank #298
Median Price
$650,000
Median DOM
72d
Demand score 1/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply