SIALIMStatistical Intelligence for America's Local Investment Markets

Hawaii Housing Market Forecast — September 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 — September 2026
4
0 forecast to fall or hold
Average forecast change
+0.34%
across all Hawaii metros, next month
Largest metro
by size rank

Hawaii metros — September 2026

MetroCurrent valueForecast1-month changeRegime
Urban Honolulu, HI$856,305$861,375+0.59%Neutral
Hilo, HI$570,917$572,472+0.27%Neutral
Kahului, HI$987,622$989,058+0.14%Neutral
Kapaa, HI$1,018,439$1,022,190+0.37%Neutral

Frequently asked questions

Are Hawaii home prices rising or falling?

Of the 4 Hawaii metros Sialim tracks, 4 are forecast to rise in September 2026 and 0 are forecast to fall or hold. The average forecast change across the state is +0.34%.

What is the largest Hawaii metro by home value tracked here?

Urban Honolulu, HI, with a typical home value of $856,305 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.