Is Waimea, HI 96796 a buyer’s or seller’s market?

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

Waimea is a seller’s market. With about 3.2 months of supply and 33% 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 supply3.2Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list93.7%Sold price ÷ list price
Median days on market88Listing to accepted offer
Median price per sq ft$627▼ −8.7% vs. last year

The Waimea housing market right now

In the three months ending August 31, 2026, 33% of homes in Waimea, HI 96796 sold above their list price, the typical home went under contract in 88 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 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 50%, homes sold faster (3,715 days then) and the median sale price rose 9% to $894,613. Overall, Waimea is more competitive than a year ago, so tougher for buyers.

Within Kauai County, homes here sell faster than in 82% of the county’s ZIP codes, and sell more often over asking than in 83%.

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) is even more competitive.

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 →

Where Waimea is

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Questions about Waimea real estate

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

A seller’s market: there were 3.2 months of supply in Waimea, HI 96796 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 Waimea?

The typical home went under contract in 88 days in the latest three months.

Do homes in Waimea sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 93.7% of the list price.

What are property taxes in Waimea?

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 Waimea?

The median sale price was $894,613 in the three months ending August 31, 2026, about $627 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