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Honolulu Reporter

Sunday, October 26, 2025

Valuation: Pricing for the median home in Honolulu County decreased in May 2024 compared to May 2023

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In May, the median sale price of a home in Honolulu County fell by $565,500 from the same period in the previous year, while total sales increased by 48%, according to BlockShopper.com.

Data shows that there were 725 homes sold in May, with a median sale price of $832,500 - a 40.5% decrease from the $1,398,000 median sale price for the same period of the previous year. There were 490 homes sold in Honolulu County in May 2023.

For context, the median sales tax in Honolulu County, based on the latest available data from 2022, was $2,466, which stands at 0.3% of May's median home sale price.

The following histogram displays changes in median sales prices in Honolulu County from May 2023 to May 2024.

May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024May 2024$1,398,000$1,398,000$1,330,000$1,330,000$1,340,000$1,340,000$1,320,000$1,320,000$1,390,000$1,390,000$1,264,000$1,264,000$1,296,000$1,296,000$1,209,000$1,209,000$1,205,000$1,205,000$1,358,600$1,358,600$1,290,000$1,290,000$1,300,000$1,300,000$832,500$832,500

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