Is Honolulu, HI 96816 a buyer’s or seller’s market?

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

Honolulu is a seller’s market. With about 3.5 months of supply and 25% 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 supply3.5Under 4 months = seller’s market

Sold above original list24.7%Share of sales, last 3 months

Median sale-to-list99.6%Sold price ÷ list price

Median days on market66Listing to accepted offer

Median price per sq ft$730▼ −6.1% vs. last year

Run the numbers for 96816

Prefilled for 96816Can I win this house?Multiple-offer likelihood for a listing Prefilled for 96816Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Aiea 96701Balanced $542 /sq ft Ewa Beach 96706Seller’s market $637 /sq ft Haleiwa 96712Balanced $1,181 /sq ft Hauula 96717Buyer’s market $625 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology