Kapaa, HI metro area Housing Market
Cold MarketComprehensive housing market data for the Kapaa, HI metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$975K
↓ 11.3% YoY
Days on Market
123 days
↓ 8.2% YoY
Active Inventory
294
↓ 5.2% YoY
Homes Sold
35
↓ 34.0% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Kapaa, HI metro area Market Summary
The Kapaa, HI metro area housing market is cooling down. As of January 2026, the median home sale price is $975K, down 11.3% year-over-year. Homes are spending a median of 123 days on the market, 8.2% shorter than a year ago.
There are 294 homes for sale — 5.2% fewer than last year. With 8.4 months of supply, this is a buyer's market. 55 new listings were added during this period, down 14.1% year-over-year.
Homes are selling for 96.9% of their list price on average, suggesting room for negotiation. 11.4% of homes sell above their asking price. 22.1% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
88
Contributing Factors
How This Market Compares
vs. National Median
vs. Hawaii Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 131% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.
Kapaa, HI metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$965K
Price per Sq Ft
$752
Sale-to-List Ratio
96.9%
Months of Supply
8.4
Sold Above List
11.4%
Price Drops
22.1%
New Listings
55
↓ 14.1% YoY
Pending Sales
41
Off Market in 2 Weeks
14.6%
Other Markets in Hawaii
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.