Is Honolulu, HI 96817 a buyer’s or seller’s market?

The Honolulu housing market right now

In the three months ending August 31, 2026, 17% of homes in Honolulu, HI 96817 sold above their list price, the typical home went under contract in 84 days and there were 5.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 73 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (17% then), homes sold more slowly (82 days then) and the median sale price rose 21% to $579,749. Overall, Honolulu is about as competitive as it was a year ago.

Within Honolulu County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in 63%. On our competition score, Honolulu ranks #18 of 40 HI ZIP codes with enough sales (score 26 out of 100).

Nearby, buyers who want less competition could look at Kahuku 96731 (0% sold over asking) or Kaaawa 96730 (0% sold over asking), while Waimanalo 96795 (67% sold over asking) and Honolulu 96819 (37% sold over asking) are even more competitive.