What are the most expensive neighborhoods in Honolulu, HI?

The neighborhoods with the highest median home values in Honolulu, HI include: Manoa ($1,737,366), Kaimuki ($1,351,072), Palolo ($1,067,916), Waikiki ($454,293), Downtown ($396,095).

What are the most affordable neighborhoods in Honolulu, HI?

The neighborhoods with the lowest median home values in Honolulu, HI include: Downtown ($396,095), Waikiki ($454,293), Palolo ($1,067,916), Kaimuki ($1,351,072), Manoa ($1,737,366).

Which Honolulu, HI neighborhoods have the fastest growing home values?

Neighborhoods with the highest year-over-year value growth in Honolulu, HI include: Kaimuki (4.2%), Manoa (3.1%), Palolo (1.1%).

Waikiki, HI Housing Market

$451,815

1.6% 1-yr

The average Waikiki, HI home value is $451,815, down 1.6% over the past year, and homes go to pending in around 66 days. (Updated on 7/31/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Waikiki Key Takeaways

Typical Home Values: $451,815

1-Year Value Change: -1.6%

(Data through July 31, 2026)

Waikiki Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 789 (July 31, 2026)

New Listings: 114 (July 31, 2026)

Median Sale to List Ratio: 0.966 (June 30, 2026)

Median Sale Price: $513,667 (June 30, 2026)

Median List Price: $481,167 (July 31, 2026)

Percent of Sales Over List Price: 7.4% (June 30, 2026)

Percent of Sales Under List Price: 80.2% (June 30, 2026)

Median Days to Pending: 66 (July 31, 2026)

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

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Waikiki Homes for Sale

$1,098,000

2 bd2 ba1,270 sqft

1910 Ala Moana Blvd APT 18A

$89,000

1 bd1 ba491 sqft

454 Namahana St APT 202

$100,000

0 bd1 ba383 sqft

441 Lewers St APT 602

View Waikiki listings

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Waikiki Rental Market Trends

Average Rent: --

National Average Rent: $1,962 (July 31, 2026)

Month-Over-Month Change: --

Year-Over-Year Change: --

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.