Is Kapaa, HI 96746 a buyer’s or seller’s market?
Kapaa is a buyer’s market. With about 6.9 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 20% of U.S. ZIP codes, and #20 of 40 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Kapaa housing market right now
In the three months ending August 31, 2026, 17% of homes in Kapaa, HI 96746 sold above their list price, the typical home went under contract in 103 days and there were 6.9 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 31 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold faster (112 days then) and the median sale price rose 8% to $986,073. Overall, Kapaa is more competitive than a year ago, so tougher for buyers.
Within Kauai County, homes here sell faster than in 55% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Kapaa ranks #20 of 40 HI ZIP codes with enough sales (score 25 out of 100).
Nearby, buyers who want less competition could look at Kilauea 96754 (0% sold over asking) or Kalaheo 96741 (0% sold over asking), while Lawai 96765 (100% sold over asking) and Kekaha 96752 (33% sold over asking) are even more competitive.
Run the numbers for 96746
Nearby markets
Anahola 96703Buyer’s market $1,207 /sq ftEleele 96705Seller’s market $788 /sq ftHanalei 96714Buyer’s market $2,200 /sq ftHanapepe 96716Seller’s market $546 /sq ft Browse all markets →Towns like Kapaa nearby
Find towns like Kapaa in other states →Where Kapaa is
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Questions about Kapaa real estate
Is Kapaa a buyer’s or seller’s market?
A buyer’s market: there were 6.9 months of supply in Kapaa, HI 96746 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 Kapaa?
The typical home went under contract in 103 days in the latest three months.
Do homes in Kapaa sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 98.3% of the list price.
What are property taxes in Kapaa?
About 0.21% of a home’s value a year in Kauai County, or roughly $840 on a $400,000 home.
What is the median home price in Kapaa?
The median sale price was $986,073 in the three months ending August 31, 2026, about $727 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