Kailua Kona, HI—96740
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kailua Kona, HI
As of Oct '25, the median home price in Kailua Kona, HI is $885,000, with a year-over-year change of -3.9%. This indicates that home prices in Kailua Kona, HI are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $885,000 | -3.9% |
| Single Family | $1,056,000 | -3.4% |
| Condos | $572,000 | -7.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $441,000 | -7.9% |
2 Bed | $666,000 | -6.5% |
3 Bed | $1,001,000 | -3.0% |
4 Bed | $1,411,000 | -1.3% |
| 5 Bed | $2,155,000 | -0.7% |
% of Housing Stock
Rental Trends — Kailua Kona, HI
As of July '25, Rentcast reports the average rent in Kailua Kona, HI is $3,020, with a year-over-year rent change of -5.3%. Per bedroom, the median rent as of July '25 in Kailua Kona, HI is studios: $1,770, 1-bedrooms: $2,070, 2-bedrooms: $2,800, 3-bedrooms: $3,870, 4-bedrooms: $4,560. The most common rental property sizes in Kailua Kona, HI are 2-bedroom and 1-bedroom, accounting for 43.3% and 18.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $3,020 |
| Studio Rent | $1,900 | $1,770 |
| 1 Bed Rent | $2,000 | $2,070 |
| 2 Bed Rent | $2,800 | $2,800 |
| 3 Bed Rent | $3,900 | $3,870 |
| 4 Bed Rent | $4,500 | $4,560 |
% of Rental Stock
Property Listings — Kailua Kona, HI
As of Oct '25, Realtor.com reports that the median days on market for a home in Kailua Kona, HI is 87. This is a increase of 14.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $986,000 | 12.0% |
Listing Count | 320 | 10.0% |
| Listings as % of Homes | 1.1% | 10.0% |
Days on Market | 87 | 14.0% |
Demographics — Kailua Kona, HI
As of the latest ACS Survey released in 2023, Kailua Kona, HI has a population of 40,800, which has increased by 2.8% over the past 5 years. Kailua Kona, HI is a moderately popular place for families, as children make up 19.6% of the population. The area has a moderately educated workforce, with 34.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 40,800 | 2.8% |
% Under 18 | 19.6% | 1.6% |
% Seniors | 21.8% | 9.5% |
% WFH | 11.1% | 73.4% |
% w/ College Degree | 34.8% | 4.5% |
As of the latest ACS Survey released in 2023, Kailua Kona, HI is a predominantly white area, with 43.6% of the population identifying as white. The white population has grown by 8.5% in the last 5 years. The second most common race or ethnicity in Kailua Kona, HI is asian, making up 16.8% of the population. Foreign-born residents account for 16.3% of the population in Kailua Kona, HI, and this percentage has increased by 0.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 43.6% | 8.5% |
% Black | 0.5% | -50.0% |
% Hispanic | 6.3% | -43.2% |
% Asian | 16.8% | -14.7% |
% Foreign Born | 16.3% | 0.6% |
Mortgage and Risk — Kailua Kona, HI
According to HUD data as of 2023, there were 542 mortgage originations in Kailua Kona, HI, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Kailua Kona, HI. Investor activity is low, as 12.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 542 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 12.0% |
% Second Loans | 15.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Kailua Kona, HI
Kailua Kona, HI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 481 |
Total Units Section 8 | 329 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 96.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$100 | $2,000 | $1,900 |
| 2 Bedroom | -$360 | $2,800 | $2,440 |
| 3 Bedroom | -$720 | $3,900 | $3,180 |
| 4 Bedroom | -$940 | $4,500 | $3,560 |
Affordability — Kailua Kona, HI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.3 |
| Median Home Price | $885,000 |
| Median Household Income | $94,100 |