Is Kailua Kona, HI 96740 a buyer’s or seller’s market?

The Kailua Kona housing market right now

In the three months ending August 31, 2026, 11% of homes in Kailua Kona, HI 96740 sold above their list price, the typical home went under contract in 107 days and there were 7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 142 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 7%, homes sold more slowly (101 days then) and the median sale price rose 7% to $961,084. Overall, Kailua Kona is about as competitive as it was a year ago.

Within Hawaii County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 64%. On our competition score, Kailua Kona ranks #26 of 40 HI ZIP codes with enough sales (score 16 out of 100).

Nearby, buyers who want less competition could look at Volcano 96785 (0% sold over asking) or Papaaloa 96780 (0% sold over asking), while Laupahoehoe 96764 (100% sold over asking) and Papaikou 96781 (50% sold over asking) are even more competitive.