Kaneohe, HI—96744
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kaneohe, HI
As of Oct '25, the median home price in Kaneohe, HI is $1,053,000, with a year-over-year change of -2.9%. This indicates that home prices in Kaneohe, HI are decreasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,053,000 | -2.9% |
| Single Family | $1,132,000 | -3.3% |
| Condos | $677,000 | -3.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $547,000 | -8.2% |
2 Bed | $647,000 | -4.3% |
3 Bed | $1,018,000 | -2.8% |
4 Bed | $1,237,000 | -2.8% |
| 5 Bed | $1,404,000 | -3.0% |
% of Housing Stock
Rental Trends — Kaneohe, HI
As of July '25, Rentcast reports the average rent in Kaneohe, HI is $3,710, with a year-over-year rent change of 14.9%. Per bedroom, the median rent as of July '25 in Kaneohe, HI is studios: $1,940, 1-bedrooms: $2,410, 2-bedrooms: $3,220, 3-bedrooms: $3,830, 4-bedrooms: $4,720. The most common rental property sizes in Kaneohe, HI are 3-bedroom and 2-bedroom, accounting for 39.3% and 32.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $3,710 |
| Studio Rent | $1,850 | $1,940 |
| 1 Bed Rent | $2,400 | $2,410 |
| 2 Bed Rent | $3,000 | $3,220 |
| 3 Bed Rent | $3,800 | $3,830 |
| 4 Bed Rent | $4,300 | $4,720 |
% of Rental Stock
Property Listings — Kaneohe, HI
As of Oct '25, Realtor.com reports that the median days on market for a home in Kaneohe, HI is 63. This is a increase of 18.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $850,000 | -25.0% |
Listing Count | 149 | 14.0% |
| Listings as % of Homes | 0.4% | 14.0% |
Days on Market | 63 | 18.0% |
Demographics — Kaneohe, HI
As of the latest ACS Survey released in 2023, Kaneohe, HI has a population of 56,200, which has increased by 8.8% over the past 5 years. Kaneohe, HI is a moderately popular place for families, as children make up 19.4% of the population. The area has a moderately educated workforce, with 39.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 56,200 | 8.8% |
% Under 18 | 19.4% | 4.9% |
% Seniors | 24.1% | 13.7% |
% WFH | 10.4% | 108.0% |
% w/ College Degree | 39.5% | 5.3% |
As of the latest ACS Survey released in 2023, Kaneohe, HI is a predominantly asian area, with 35.8% of the population identifying as asian. The asian population has grown by 0.6% in the last 5 years. The second most common race or ethnicity in Kaneohe, HI is white, making up 17.0% of the population. Foreign-born residents account for 7.4% of the population in Kaneohe, HI, and this percentage has decreased by 2.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 17.0% | -16.3% |
% Black | 0.4% | -33.3% |
% Hispanic | 10.8% | 33.3% |
% Asian | 35.8% | 0.6% |
% Foreign Born | 7.4% | -2.6% |
Mortgage and Risk — Kaneohe, HI
According to HUD data as of 2023, there were 621 mortgage originations in Kaneohe, HI, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Kaneohe, HI. Investor activity is low, as 3.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 621 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Kaneohe, HI
As of 2024, the percent of homes in Kaneohe, HI under the Section 8 program is 5.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Kaneohe, HI, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 463 |
Total Units Section 8 | 230 |
% Rentals under Section 8 | 5.6% |
% Occupied Section 8 | 83.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$220 | $2,400 | $2,180 |
| 2 Bedroom | -$150 | $3,000 | $2,850 |
| 3 Bedroom | $190 | $3,800 | $3,990 |
| 4 Bedroom | $490 | $4,300 | $4,790 |
Affordability — Kaneohe, HI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.3 |
| Median Home Price | $1,053,000 |
| Median Household Income | $129,000 |