The Hawai’i housing market in June 2026 looks less and less like one market. According to the Honolulu Board of Realtors, the O’ahu single-family median sale price in April 2026 was $1,162,000, down just 1% year over year — the most stable island in the state. Maui, meanwhile, saw its single-family median fall 6.4% to $1,290,000 with sales volume down 30%, per the REALTORS Association of Maui. The Big Island posted a 22% surge in single-family sales as new listings nearly doubled, while Kaua’i’s official April board data is still pending release. Mortgage rates have settled into the mid-6% range, and the Lahaina rebuild crossed its 100th completed structure milestone in May.
If you’re trying to decide whether to sell now, wait it out, or take a cash offer, the right answer in June 2026 depends heavily on which island you’re on.
Key Takeaways
- O’ahu is the stabilizer. Single-family median: $1,162,000 (-1% YoY) per the Honolulu Board of Realtors. Days on market dropped 14% to a brisk 24 days — the fastest in the state.
- Maui prices and sales are both down. SFH median fell 6.4% to $1,290,000, condo median dropped 8.9% to $651,250, SFH sales collapsed 30% to 49 units. Time on market is now 138 days for houses and 169 for condos.
- Big Island is heating up on volume. SFH sales jumped 22% to 187 transactions, median rose to $630,000 (+6% YoY), and new listings nearly doubled — more inventory, more buyer activity, modest price gains.
- Mortgage rates haven’t budged much. Freddie Mac’s PMMS pegged the 30-year fixed at 6.53% on May 28, 2026 — down from 6.89% a year earlier but still well above pre-2022 levels.
- Lahaina rebuild milestone reached. Maui County logged its 100th completed post-fire structure in May 2026, with ~295 homes under construction and ~350 permit applications still in the queue.
- Hawaii Property Buyers buys in every market condition. If you’d rather skip the months on market, call (808) 940-3430 for a no-obligation cash offer within 24 hours.
Statewide Snapshot: April 2026 by Island
The headline numbers tell the divergence story at a glance. The data below is drawn from each island’s primary board of REALTORS plus Hawaii Information Service feeds.
| Island | SFH Median | SFH YoY | SFH Sales YoY | Condo Median | Condo YoY |
|---|---|---|---|---|---|
| O’ahu | $1,162,000 | -1% | -3% | ~$525,000 | flat to slightly down |
| Maui | $1,290,000 | -6.4% | -30% | $651,250 | -8.9% |
| Hawai’i Island (Big Island) | $630,000 | +6% | +22% | ~$525,000 | mixed |
| Kaua’i | $1,388,000 (Q1) | +20.7% (Q1) | -42% (Q1) | $651,000 (approx.) | -9% |
Sources: Honolulu Board of Realtors, REALTORS Association of Maui, Hawai’i Information Service / Locations Hawai’i, Kaua’i Board of Realtors (via Hawai’i Life Q1 2026 reporting).
The pattern is clear: O’ahu is acting like a normal market with limited price movement and fast transaction times, Maui is in the middle of a multi-quarter reset, the Big Island is seeing renewed buyer activity at modest price points, and Kaua’i is the noisiest of the four — small sales counts produce big swings in median.
O’ahu Market — Steadiest in the State
O’ahu in June 2026 is the closest thing Hawai’i has to a “normal” housing market. The Honolulu Board of Realtors reported an April 2026 single-family median of $1,162,000, down only 1% from April 2025. Single-family sales were down 3% — a soft but not dramatic slowdown.
The most striking O’ahu data point is days on market: 24 days, down 14% year over year. That’s faster than April 2025 even with rates higher and inventory growing on every other island. Limited buildable land, military-driven demand from Joint Base Pearl Harbor-Hickam and Schofield Barracks, and a permitting process that UHERO and DBEDT have repeatedly flagged as the slowest in the country are all keeping a floor under O’ahu pricing.
What this means if you’re selling on O’ahu in June 2026: priced reasonably, you should expect a sale in roughly three to four weeks on the open market. If you can’t wait that long — or if your property needs repairs that would scare off financed buyers — a cash offer is still the cleanest path. We cover the full speed-ranked breakdown in our guide to selling your house fast in Hawai’i and the deeper O’ahu walkthrough in how to sell your house fast in Honolulu.
Maui Market — Reset Continues Alongside the Lahaina Rebuild
Maui is the most complicated market in Hawai’i right now, and April 2026 only deepened that. According to the REALTORS Association of Maui, the median single-family price dropped 6.4% year over year to $1,290,000 — but the more telling number is sales volume. Only 49 single-family homes closed in April 2026, down 30% from a year earlier. Total dollar volume fell more than 40%.
Condos didn’t fare any better on price: the median condo sale price came in at $651,250, down 8.9% from $715,000 a year prior. Condo sales were actually up modestly — 70 units, +4.5% YoY — but at meaningfully lower prices. Days on market reflect the softness: 138 days for single-family, 169 for condos.
“April’s data highlights differences across the market, with single-family home activity slowing while [condos hold up on volume],” said Georgie Tamayose, President of the REALTORS Association of Maui, in the board’s monthly release.
The Lahaina rebuild crossed 100 completed structures
Maui County announced in May 2026 that it had reached the 100-structure milestone since the August 2023 wildfires. The detail: 96 completed permits in Lahaina (88 residential, 8 nonresidential), plus 4 completed homes in Kula. Approximately 295 homes are currently under construction in the burn zones, and another 350 permit applications are working their way through the Recovery Permit Center, which has issued 629 building permits in total since opening in late April 2024 — 579 of those for Lahaina residential rebuilds.
That progress is real, but it’s slow relative to the scale of loss. For families who decided their best option is to sell the parcel rather than rebuild, the realities of an 18–24 month permitting queue, Phase II environmental review costs ranging from $8,000 to $25,000, and historic-review delays of 60 to 180 days make a cash sale to a local buyer the cleanest exit. Our dedicated guide to selling a fire-damaged house in Hawai’i walks through every option.
Big Island — Activity Surges as Storm Damage Reshapes Demand
The Big Island is the unexpected bright spot of June 2026. Single-family home sales rose 22% year over year in April to 187 transactions, with the median price climbing to $630,000 (+6% YoY). New listings nearly doubled (+93% YoY), giving buyers more options without flooding the market.
Regionally, Hilo’s typical single-family pricing sits in the $475,000–$575,000 range, while Kailua-Kona runs higher at $675,000–$775,000. Both anchored demand in April, while more price-sensitive interior regions showed mixed performance.
The story behind the numbers, though, is the severe Kona Low storm systems that hit Hawai’i in March and April 2026. Catastrophic flooding, landslides, and evacuations caused more than $1 billion in estimated damage statewide, with the Big Island absorbing a large share. Some homes were left temporarily uninhabitable. The immediate effect on the resale market: a meaningful jump in the share of homes coming to market in need of significant repairs.
If you own a Big Island property that took storm damage and you’re staring at insurance shortfalls plus a long contractor wait, the math often favors a cash sale over a multi-year repair-and-list cycle. We break down the trade-offs in selling a house that needs repairs in Hawai’i.
Kaua’i — Volatile, Thin, and Still Catching Up on Data
Kaua’i is the smallest of the four major-island markets, and that thinness shows up in the data. The Kaua’i Board of Realtors’ Q1 2026 (January–March) report, summarized by Hawai’i Life, put the island-wide median at $1,388,000, up 20.7% year over year — but with only 79 homes sold, down 41.9%. April-specific board numbers had not been released as of early June.
Redfin’s trailing three-month data through April 2026 paints a different picture: median around $937,000, down 6.3% YoY, with 48 sales in April versus 55 a year earlier and days on market dropping from 141 to 95. That isn’t a contradiction so much as a reminder of how a handful of luxury sales on a small island can yank the median around.
What’s consistent: Kaua’i is a low-volume, high-variance market. If you’re a Kaua’i seller, the timing of your sale matters less than usual — and the buyer pool, especially for higher-end and remote-area properties, is thinner than on the other three islands. For owners of vacation rentals or non-primary residences, a cash sale through a buyer who handles all four islands can often beat a months-long traditional listing. Our sell rental property in Hawai’i guide covers the HARPTA and tenant-in-place mechanics.
Mortgage Rates: Holding Near 6.5%
Freddie Mac’s Primary Mortgage Market Survey, the longest-running benchmark for U.S. mortgage rates, pegged the average 30-year fixed-rate mortgage at 6.53% on May 28, 2026, up from 6.51% the week before. A year earlier, the same survey averaged 6.89%.
The takeaway for Hawai’i sellers: don’t expect a 2026 rate drop to suddenly unlock a wave of buyers. Rates are improving, but slowly, and the structural affordability problem in Hawai’i — UHERO estimates it now takes ~$180,000 of household income to afford the statewide median single-family home, nearly double the actual median household income — is not solved by 30 basis points of mortgage rate relief.
If you’re holding out for a rebound driven by lower rates, the historical evidence suggests you’d need rates to fall to around 5.5% or below before measurable demand returns. That isn’t where any major forecaster has them landing in 2026.
What This Means If You’re Selling in June 2026
The June 2026 market doesn’t reward waiting on most islands. Here’s the practical read by situation:
- O’ahu sellers with a clean, market-ready home: list it. You’re in the strongest market in the state with the fastest days on market.
- Maui sellers in West Maui, on the fence about rebuilding: the rebuild story is real but slow. If you don’t have the cash, time, or stomach for an 18–24 month permitting fight plus environmental review, a cash sale on the parcel today is often the better number after carrying costs and lost income.
- Big Island sellers with storm damage: the buyer pool for damaged homes on the open market is small. Cash buyers are not — and we’re actively buying across Hilo, Puna, and Kona.
- Kaua’i sellers with a non-primary residence or rental: thin buyer pool, long DOM if listed. A cash offer can usually beat the carrying-cost math.
- Any island, behind on payments or facing foreclosure: time is the constraint, not price. See our walkthrough of selling a house behind on mortgage payments in Hawai’i.
For the macro picture and our full 2026 outlook by island, see our Hawaii Housing Market Forecast 2026.
Frequently Asked Questions
Is the Hawaii housing market going down in 2026?
It depends on the island. As of April 2026 data, O’ahu single-family median prices are down only 1% year over year, while Maui is down 6.4% and Maui condos are down 8.9%. The Big Island is actually up 6% on single-family, and Kaua’i’s small-sample data swings between large gains and declines depending on the period measured. Statewide, there is no broad-based crash — just an uneven multi-island reset.
What is the median home price in Hawaii right now?
There is no single statewide median that’s particularly meaningful, because the four major islands span from roughly $630,000 (Big Island) to $1,290,000+ (Maui, Kaua’i). According to UHERO, the statewide single-family median has held near $1 million for several months running. April 2026 by island per the local boards: O’ahu $1,162,000, Maui $1,290,000, Big Island $630,000, Kaua’i $1,388,000 (Q1 KBR data).
Are mortgage rates in Hawaii going down in 2026?
Mortgage rates in Hawai’i track the national Freddie Mac PMMS benchmark. As of May 28, 2026, the 30-year fixed averaged 6.53%, down from 6.89% a year earlier. Direction is improving, but slowly — most forecasters expect rates to stay in the 6%–6.5% band through the rest of 2026.
How is the Lahaina rebuild affecting Maui home prices?
The Lahaina rebuild is a slow drag on West Maui pricing more than a boost. As of May 2026, only 100 structures have been completed since the August 2023 fires, with about 295 under construction and 350 permits in process. The supply of unbuilt parcels, combined with rising insurance and HOA costs on existing buildings, has kept downward pressure on Maui medians. Lahaina-specific rebuild activity will not meaningfully lift macro-level Maui prices in 2026.
Should I sell my Hawaii house now or wait?
If you’re on O’ahu with a market-ready home, listing in June 2026 makes sense — DOM is at a brisk 24 days and prices are stable. On Maui, the Big Island storm-damaged segment, and most of Kaua’i, the math more often favors a cash sale on your timeline over waiting for a rate or price rebound that isn’t penciled into any major 2026 forecast. The right answer also depends on your carrying costs, your situation, and your personal timeline. Hawaii Property Buyers will give you a free no-obligation cash offer in 24 hours so you can compare against a traditional listing — call (808) 940-3430.
Ready to Sell Your Hawai’i Property?
We buy houses, condos, vacant land, and inherited or fire-damaged property across all four major Hawaiian islands. No fees, no commissions, no repairs required. Closings typically happen in 7–14 days, with up to $10,000 cash advance available before close.
Call us at (808) 940-3430 or visit www.hawaiipropertybuyer.com to get a fair cash offer on your Hawai’i property — no obligation, no pressure.
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