Hawaii Housing Market Forecast — August 2026
Sialim tracks 4 Hawaii metros, forecasting home values next month, next quarter, and one year out from Zillow price history plus mortgage rates, inventory, and labor data.
Metros tracked
4
in Hawaii
Forecast to rise — August 2026
3
1 forecast to fall or hold
Average forecast change
+0.18%
across all Hawaii metros, next month
Hawaii metros — August 2026
| Metro | Current value | Forecast | 1-month change | Regime |
|---|---|---|---|---|
| Urban Honolulu, HI | $854,584 | $857,456 | +0.34% | Stabilizing |
| Hilo, HI | $577,398 | $578,969 | +0.27% | Stabilizing |
| Kahului, HI | $994,403 | $992,454 | -0.20% | Neutral |
| Kapaa, HI | $1,015,346 | $1,018,301 | +0.29% | Neutral |
Frequently asked questions
Are Hawaii home prices rising or falling?
Of the 4 Hawaii metros Sialim tracks, 3 are forecast to rise in August 2026 and 1 are forecast to fall or hold. The average forecast change across the state is +0.18%.
What is the largest Hawaii metro by home value tracked here?
Urban Honolulu, HI, with a typical home value of $854,584 as of the latest data.
Forecasts are model output, not advice. Data: Zillow ZHVI (© Zillow), Freddie Mac via FRED, US Bureau of Labor Statistics via FRED. Methodology.