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Highest Home Value in Hawaii

Top 55 cities ranked by highest home value

Highest Home Value — Hawaii

1 Wailea $1,363,700
3 Heeia $1,186,500
4 East Honolulu $1,172,300
5 Kahaluu $1,162,000
6 Kula $1,117,300
7 Aiea $1,053,000
8 Haiku-Pauwela $1,019,400
9 Halawa $1,005,400
10 Kaneohe $990,100
11 Laie $942,700
12 Pukalani $926,100
13 Mililani Mauka $901,800
14 Wailua Homesteads $898,300
15 Mililani Town $884,800
16 Ahuimanu $878,400
17 Ocean Pointe $877,600
18 Pearl City $872,200
19 Kihei $871,600
20 Lihue $843,900
21 Lahaina $841,400
22 Waipahu $835,400
23 Urban Honolulu $834,100
24 West Loch Estate $833,500
25 Kahului $833,200
26 Royal Kunia $833,000
27 Kahaluu-Keauhou $830,600
28 Makakilo $827,900
29 Kapaa $821,500
30 Makawao $819,600
31 Ewa Villages $819,400
32 Wailuku $781,700
33 Napili-Honokowai $775,500
34 Ewa Gentry $768,200
35 Kaiminani $761,300
36 East Kapolei $743,600
37 Waihee-Waiehu $740,300
38 Kapolei $720,600
39 Wahiawa $716,800
40 Waimanalo $711,800
41 Waipio $709,500
42 Ewa Beach $698,200
43 Waikele $696,400
44 Waikoloa Village $674,100
47 Maili $633,100
48 Waipio Acres $602,600
49 Waimalu $597,700
50 Waianae $487,200
51 Nanakuli $473,000
52 Hilo $455,100
53 Makaha $416,100
55 Kaneohe Base $390,600

The most expensive housing markets in Hawaii reflect areas of high demand, limited supply, and strong local economies. Wailea leads with a median home value of $1,363,700. These cities are often located in major metro areas or regions with significant economic activity.

High home values are driven by factors including strong job markets, desirable locations, good school districts, and limited buildable land. For homeowners, high values represent significant wealth accumulation, but for prospective buyers, they create substantial barriers to entry.

Many of the most expensive markets have seen rapid appreciation over the past decade, outpacing income growth and raising affordability concerns. This has led to increased interest in remote work opportunities that allow residents to earn high salaries while living in more affordable areas.

Did You Know?

  • 1. A typical home in Wailea costs $1,363,700 — 3.9x the national median of $350,000.
  • 2. Home values in the top 10 most expensive cities have increased by an average of 40-60% over the past decade.
  • 3. In the most expensive markets, a 20% down payment alone exceeds the median home price in most U.S. cities.

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