Is Honolulu, HI 96821 a buyer’s or seller’s market?
Honolulu 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.
More competitive than 41% of U.S. ZIP codes, and #11 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 Honolulu housing market right now
In the three months ending August 31, 2026, 31% of homes in Honolulu, HI 96821 sold above their list price, the typical home went under contract in 57 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. That’s based on 30 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 37%, homes sold faster (78 days then) and the median sale price rose 16% to $2,024,124. Overall, Honolulu is about as competitive as it was a year ago.
Within Honolulu County, homes here sell faster than in 93% of the county’s ZIP codes, and sell more often over asking than in 74%. On our competition score, Honolulu ranks #11 of 40 HI ZIP codes with enough sales (score 41 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.
Run the numbers for 96821
Nearby markets
Aiea 96701Balanced $542 /sq ftEwa Beach 96706Seller’s market $637 /sq ftHaleiwa 96712Balanced $1,181 /sq ftHauula 96717Buyer’s market $625 /sq ft Browse all markets →Towns like Honolulu nearby
Find towns like Honolulu in other states →Where Honolulu is
Loading map…
Questions about Honolulu real estate
Is Honolulu a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Honolulu, HI 96821 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 Honolulu?
The typical home went under contract in 57 days in the latest three months.
Do homes in Honolulu sell over asking?
31% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.
What are property taxes in Honolulu?
About 0.28% of a home’s value a year in Honolulu County, or roughly $1,120 on a $400,000 home.
What is the median home price in Honolulu?
The median sale price was $2,024,124 in the three months ending August 31, 2026, about $931 per square foot.
Local agents
See all agents in 96821 →No sponsored agents in 96821 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 96821
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology