Is Waikoloa, HI 96738 a buyer’s or seller’s market?

The Waikoloa housing market right now

In the three months ending August 31, 2026, 5% of homes in Waikoloa, HI 96738 sold above their list price, the typical home went under contract in 104 days and there were 9 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 38 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (6% then), homes sold faster (126 days then) and the median sale price rose 29% to $949,589. Overall, Waikoloa is more competitive than a year ago, so tougher for buyers.

Within Hawaii County, homes here sell faster than in 64% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Waikoloa ranks #36 of 40 HI ZIP codes with enough sales (score 8 out of 100).

Nearby, buyers who want less competition could look at Volcano 96785 (0% sold over asking) or Papaaloa 96780 (0% sold over asking), while Laupahoehoe 96764 (100% sold over asking) and Papaikou 96781 (50% sold over asking) are even more competitive.