Housing Market Facts, Hawaiʻi (2025–2026)

 

Home Prices

As of late 2025, the statewide median home price was about $749,950, with prices varying widely by island, e.g., Hawaii Island: $587,000, Maui: $1,050,000, and Kauai: $1,395,000. On Oʻahu, median single‑family home prices remained high around $1.1 M and condo prices around $510 K in late 2025.

 

Inventory & Supply

Although inventory has increased slightly, homes remain in limited supply relative to demand, contributing to ongoing affordability challenges. Nationally, housing supply continues to lag demand, with a shortage of over 4 million homes in 2025,  aggravating affordability issues across markets, including Hawaiʻi.

 

Rent & Cost Burden

Hawaiʻi households are significantly cost-burdened: about 39.1 % of households spent at least 30 % of their income on housing in 2024. Surveys show Hawaiʻi residents overwhelmingly feel both buying (≈91 %) and renting (≈83 %) are major problems for local households.

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Local Sentiment

In a 2025 statewide housing survey, 25 % of residents said housing affordability is Hawaiʻi’s most pressing issue — more than cost of living or homelessness. Nearly half of young adults surveyed say they are seriously considering leaving Hawaiʻi in the next five years due to housing costs.

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Hawaiʻi Housing Legislation That Did Not Become Law (2014–2025)

2025 Session

• HB 1410 — Conveyance Tax & Supportive Housing (2025)
  Proposed to restructure the conveyance tax, dedicate revenue to a Supportive Housing Special Fund, and fund infrastructure for transit‑oriented development. It advanced in committee but did not become law.

• HB 1325 — Tenant Displacement Protection (2025)
  Sought to give tenants displaced by redevelopment a right of first refusal and relocation assistance. It passed the early stages but stalled and did not become law.

• Other 2025 Attempts: Several renters’ rights/tenant protection measures (e.g., extended notice periods, just‑cause eviction reforms) were introduced but didn’t advance out of committee.

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Earlier Years (2016–2024)

(Note: not all low‑number bill links are archived online, but these were documented proposals that stalled or faced major challenges.)

• Accessory Dwelling Unit Reform (ACT 39 SB 3202, 2024) became law, but only after significant pushback from counties and community groups about neighborhood impacts, showing political resistance even when bills pass.

• Missing‑Middle & Zoning Flexibility Bills (e.g., HB 1630 / SB 3202 drafts, 2024), intended to allow more homes per lot (two or more dwellings on smaller lots) but faced strong opposition and did not become law in early drafts.

• Numerous Renter Protection/Cost‑Burden Bills (various years),  including eviction record sealing, just‑cause eviction, and Tenant Right‑of‑Return proposals, repeatedly stalled in committee.