Is Honolulu, HI 96822 a buyer’s or seller’s market?

The Honolulu housing market right now

In the three months ending August 31, 2026, 8% of homes in Honolulu, HI 96822 sold above their list price, the typical home went under contract in 90 days and there were 6.8 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 89 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 18%, homes sold more slowly (80 days then) and the median sale price fell 14% to $407,324. Overall, Honolulu is less competitive than a year ago, which gives buyers more room.

Within Honolulu County, homes here sell more slowly than in 78% of the county’s ZIP codes, and sell less often over asking than in 78%. On our competition score, Honolulu ranks #29 of 40 HI ZIP codes with enough sales (score 12 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.