Pearl City, HI—96782
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pearl City, HI
As of Oct '25, the median home price in Pearl City, HI is $919,000, with a year-over-year change of 0.2%. This indicates that home prices in Pearl City, HI are flat. 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 | $919,000 | 0.2% |
| Single Family | $964,000 | 0.2% |
| Condos | $470,000 | -2.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $326,000 | -3.8% |
2 Bed | $475,000 | -2.7% |
3 Bed | $908,000 | 0.1% |
4 Bed | $1,019,000 | 0.5% |
| 5 Bed | $1,140,000 | 1.1% |
% of Housing Stock
Rental Trends — Pearl City, HI
As of July '25, Rentcast reports the average rent in Pearl City, HI is $2,800, with a year-over-year rent change of -2.8%. Per bedroom, the median rent as of July '25 in Pearl City, HI is studios: $1,620, 1-bedrooms: $1,930, 2-bedrooms: $2,400, 3-bedrooms: $3,240, 4-bedrooms: $4,080. The most common rental property sizes in Pearl City, HI are 3-bedroom and 2-bedroom, accounting for 39.5% and 23.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $2,800 |
| Studio Rent | $1,580 | $1,620 |
| 1 Bed Rent | $1,900 | $1,930 |
| 2 Bed Rent | $2,400 | $2,400 |
| 3 Bed Rent | $3,300 | $3,240 |
| 4 Bed Rent | $3,800 | $4,080 |
% of Rental Stock
Property Listings — Pearl City, HI
As of Oct '25, Realtor.com reports that the median days on market for a home in Pearl City, HI is 66. This is a increase of 37.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $513,000 | -8.0% |
Listing Count | 66 | 29.0% |
| Listings as % of Homes | 0.3% | 29.0% |
Days on Market | 66 | 37.0% |
Demographics — Pearl City, HI
As of the latest ACS Survey released in 2023, Pearl City, HI has a population of 37,700, which has decreased by -1.6% over the past 5 years. Pearl City, HI is a moderately popular place for families, as children make up 18.9% of the population. The area has a moderately educated workforce, with 31.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 37,700 | -1.6% |
% Under 18 | 18.9% | -3.6% |
% Seniors | 23.9% | 7.2% |
% WFH | 7.3% | 10.6% |
% w/ College Degree | 31.8% | 14.8% |
As of the latest ACS Survey released in 2023, Pearl City, HI is a predominantly asian area, with 51.1% of the population identifying as asian. The asian population has grown by 6.7% in the last 5 years. The second most common race or ethnicity in Pearl City, HI is white, making up 9.8% of the population. Foreign-born residents account for 16.7% of the population in Pearl City, HI, and this percentage has increased by 28.5% 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 | 9.8% | -25.2% |
% Black | 1.7% | -37.0% |
% Hispanic | 8.7% | -21.6% |
% Asian | 51.1% | 6.7% |
% Foreign Born | 16.7% | 28.5% |
Mortgage and Risk — Pearl City, HI
According to HUD data as of 2023, there were 352 mortgage originations in Pearl City, HI, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Pearl City, HI. Investor activity is low, as 6.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 352 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Pearl City, HI
As of 2024, the percent of homes in Pearl City, HI under the Section 8 program is 10.2%. 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. In Pearl City, HI, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 423 |
Total Units Section 8 | 384 |
% Rentals under Section 8 | 10.2% |
% Occupied Section 8 | 82.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $220 | $1,900 | $2,120 |
| 2 Bedroom | $380 | $2,400 | $2,780 |
| 3 Bedroom | $600 | $3,300 | $3,900 |
| 4 Bedroom | $870 | $3,800 | $4,670 |
Affordability — Pearl City, HI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.7 |
| Median Home Price | $919,000 |
| Median Household Income | $105,000 |