Is Kapaau, HI 96755 a buyer’s or seller’s market?
Kapaau is a seller’s market. With about 3.8 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.
The Kapaau housing market right now
In the three months ending August 31, 2026, 0% of homes in Kapaau, HI 96755 sold above their list price, the typical home went under contract in 145 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold faster (148 days then) and the median sale price fell 5% to $721,288. Overall, Kapaau is less competitive than a year ago, which gives buyers more room.
Within Hawaii County, homes here sell more slowly than in 68% 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.
Run the numbers for 96755
Nearby markets
Captain Cook 96704Buyer’s market $294 /sq ftHakalau 96710Seller’s market $284 /sq ftHawi 96719 — /sq ftHilo 96720Balanced $403 /sq ft Browse all markets →Towns like Kapaau nearby
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Questions about Kapaau real estate
Is Kapaau a buyer’s or seller’s market?
A seller’s market: there were 3.8 months of supply in Kapaau, HI 96755 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 Kapaau?
The typical home went under contract in 145 days in the latest three months.
Do homes in Kapaau sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.3% of the list price.
What are property taxes in Kapaau?
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 Kapaau?
The median sale price was $721,288 in the three months ending August 31, 2026, about $648 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