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

$454,293

1.8% 1-yr

The average Waikiki, HI home value is $454,293, down 1.8% over the past year, and homes go to pending in around 57 days. (Updated on 6/30/2026)

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: $454,293

1-Year Value Change: -1.8%

(Data through June 30, 2026)

Waikiki Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 774 (June 30, 2026)

New Listings: 117 (June 30, 2026)

Median Sale to List Ratio: 0.962 (May 31, 2026)

Median Sale Price: $493,833 (May 31, 2026)

Median List Price: $484,000 (June 30, 2026)

Percent of Sales Over List Price: 4.2% (May 31, 2026)

Percent of Sales Under List Price: 83.0% (May 31, 2026)

Median Days to Pending: 57 (June 30, 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.

Nearby Neighborhoods

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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: $1,965 (June 30, 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.