Is Papaaloa, HI 96780 a buyer’s or seller’s market?
Papaaloa is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Papaaloa housing market right now
In the three months ending August 31, 2026, 0% of homes in Papaaloa, HI 96780 sold above their list price, the typical home went under contract in 100 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, 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 (303 days then) and the median sale price fell 29% to $999,068. Overall, Papaaloa is more competitive than a year ago, so tougher for buyers.
Within Hawaii County, homes here sell faster than in 73% 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 96780
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 →Where Papaaloa is
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Questions about Papaaloa real estate
Is Papaaloa a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Papaaloa, HI 96780 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 Papaaloa?
The typical home went under contract in 100 days in the latest three months.
Do homes in Papaaloa sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.
What are property taxes in Papaaloa?
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 Papaaloa?
The median sale price was $999,068 in the three months ending August 31, 2026, about $341 per square foot.
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More tools for 96780
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology