Kapaa, HI—96746
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kapaa, HI
As of Oct '25, the median home price in Kapaa, HI is $946,000, with a year-over-year change of -2.5%. This indicates that home prices in Kapaa, HI are decreasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $946,000 | -2.5% |
| Single Family | $989,000 | -2.7% |
| Condos | $613,000 | -0.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $672,000 | 0.0% |
2 Bed | $954,000 | -1.6% |
3 Bed | $968,000 | -2.2% |
4 Bed | $1,218,000 | -1.1% |
| 5 Bed | $1,443,000 | -0.7% |
% of Housing Stock
Rental Trends — Kapaa, HI
As of July '25, Rentcast reports the average rent in Kapaa, HI is $3,720, with a year-over-year rent change of -5.1%. Per bedroom, the median rent as of July '25 in Kapaa, HI is studios: $1,700, 1-bedrooms: $2,460, 2-bedrooms: $2,950, 3-bedrooms: $6,000, 4-bedrooms: $5,250. The most common rental property sizes in Kapaa, HI are 3-bedroom and 2-bedroom, accounting for 54.7% and 20.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,650 | $3,720 |
| Studio Rent | $1,700 | $1,700 |
| 1 Bed Rent | $2,400 | $2,460 |
| 2 Bed Rent | $2,950 | $2,950 |
| 3 Bed Rent | $6,000 | $6,000 |
| 4 Bed Rent | $3,500 | $5,250 |
% of Rental Stock
Property Listings — Kapaa, HI
As of Oct '25, Realtor.com reports that the median days on market for a home in Kapaa, HI is 95. This is a increase of 8.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,360,000 | -3.0% |
Listing Count | 71 | 12.0% |
| Listings as % of Homes | 0.9% | 12.0% |
Days on Market | 95 | 8.0% |
Demographics — Kapaa, HI
As of the latest ACS Survey released in 2023, Kapaa, HI has a population of 20,600, which has increased by 6.4% over the past 5 years. Kapaa, 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 32.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,600 | 6.4% |
% Under 18 | 19.6% | 0.5% |
% Seniors | 21.9% | 17.1% |
% WFH | 8.8% | -3.3% |
% w/ College Degree | 32.2% | -4.7% |
As of the latest ACS Survey released in 2023, Kapaa, HI is a predominantly white area, with 37.6% of the population identifying as white. The white population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in Kapaa, HI is asian, making up 26.6% of the population. Foreign-born residents account for 12.5% of the population in Kapaa, HI, and this percentage has increased by 1.6% 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 | 37.6% | -4.3% |
% Black | 0.4% | -66.7% |
% Hispanic | 10.9% | 22.5% |
% Asian | 26.6% | 4.7% |
% Foreign Born | 12.5% | 1.6% |
Mortgage and Risk — Kapaa, HI
According to HUD data as of 2023, there were 156 mortgage originations in Kapaa, HI, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Kapaa, HI. Investor activity is low, as 10.0% 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 | 156 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 10.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Kapaa, HI
Kapaa, HI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 348 |
Total Units Section 8 | 257 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 74.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$640 | $2,400 | $1,760 |
| 2 Bedroom | -$640 | $2,950 | $2,310 |
| 3 Bedroom | -$3,080 | $6,000 | $2,920 |
| 4 Bedroom | -$150 | $3,500 | $3,350 |
Affordability — Kapaa, HI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.8 |
| Median Home Price | $946,000 |
| Median Household Income | $89,700 |