Is Hakalau, HI 96710 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Hakalau is a seller’s market. With about 1.6 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list94.5%Sold price ÷ list price
Median days on market192Listing to accepted offer
Median price per sq ft$284▼ −47.8% vs. last year

The Hakalau housing market right now

In the three months ending August 31, 2026, 0% of homes in Hakalau, HI 96710 sold above their list price, the typical home went under contract in 192 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (244 days then) and the median sale price fell 23% to $714,691. Overall, Hakalau is more competitive than a year ago, so tougher for buyers.

Within Hawaii County, homes here sell more slowly than in 95% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Laupahoehoe 96764 (100% sold over asking) and Papaikou 96781 (50% sold over asking) are even more competitive.

Nearby markets

Captain Cook 96704Buyer’s market $294 /sq ftHawi 96719 — /sq ftHilo 96720Balanced $403 /sq ftHolualoa 96725Buyer’s market $586 /sq ft Browse all markets →

Where Hakalau is

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Questions about Hakalau real estate

Is Hakalau a buyer’s or seller’s market?

A seller’s market: there were 1.6 months of supply in Hakalau, HI 96710 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Hakalau?

The typical home went under contract in 192 days in the latest three months.

Do homes in Hakalau sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 94.5% of the list price.

What are property taxes in Hakalau?

About 0.28% of a home’s value a year in Hawaii County, or roughly $1,120 on a $400,000 home.

What is the median home price in Hakalau?

The median sale price was $714,691 in the three months ending August 31, 2026, about $284 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology