Waialua, HI—96791
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Waialua, HI
As of Oct '25, the median home price in Waialua, HI is $991,000, with a year-over-year change of -0.3%. This indicates that home prices in Waialua, HI are flat. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $991,000 | -0.3% |
| Single Family | $1,073,000 | -0.8% |
| Condos | $527,000 | -7.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $466,000 | -6.6% |
2 Bed | $696,000 | -3.3% |
3 Bed | $1,051,000 | 0.1% |
4 Bed | $1,083,000 | -1.1% |
| 5 Bed | $1,265,000 | -1.7% |
% of Housing Stock
Rental Trends — Waialua, HI
As of July '25, Rentcast reports the average rent in Waialua, HI is $3,570, with a year-over-year rent change of -8.0%. Per bedroom, the median rent as of July '25 in Waialua, HI is 1-bedrooms: $2,290, 2-bedrooms: $3,460, 3-bedrooms: $4,270, 4-bedrooms: $7,180. The most common rental property sizes in Waialua, HI are 3-bedroom and 2-bedroom, accounting for 35.0% and 28.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,400 | $3,570 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,350 | $2,290 |
| 2 Bed Rent | $3,200 | $3,460 |
| 3 Bed Rent | $4,300 | $4,270 |
| 4 Bed Rent | $4,350 | $7,180 |
% of Rental Stock
Property Listings — Waialua, HI
As of Oct '25, Realtor.com reports that the median days on market for a home in Waialua, HI is 105. This is a increase of 25.0% 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 | $1,420,000 | 35.0% |
Listing Count | 29 | 11.0% |
| Listings as % of Homes | 0.7% | 11.0% |
Days on Market | 105 | 25.0% |
Demographics — Waialua, HI
As of the latest ACS Survey released in 2023, Waialua, HI has a population of 6,430, which has decreased by -16.6% over the past 5 years. Waialua, HI is a less popular place for families, as children make up 14.8% of the population. The area has a moderately educated workforce, with 29.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,430 | -16.6% |
% Under 18 | 14.8% | -24.5% |
% Seniors | 23.3% | 43.8% |
% WFH | 9.4% | 70.9% |
% w/ College Degree | 29.5% | 3.1% |
As of the latest ACS Survey released in 2023, Waialua, HI is a predominantly white area, with 33.3% of the population identifying as white. The white population has grown by 6.1% in the last 5 years. The second most common race or ethnicity in Waialua, HI is asian, making up 32.0% of the population. Foreign-born residents account for 19.7% of the population in Waialua, HI, and this percentage has increased by 5.3% 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 | 33.3% | 6.1% |
% Black | 0.5% | 0.0% |
% Hispanic | 6.5% | -57.0% |
% Asian | 32.0% | -4.5% |
% Foreign Born | 19.7% | 5.3% |
Mortgage and Risk — Waialua, HI
According to HUD data as of 2023, there were 94 mortgage originations in Waialua, HI, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Waialua, HI. Investor activity is low, as 3.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 94 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Waialua, HI
As of 2024, the percent of homes in Waialua, HI under the Section 8 program is 1.9%. 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. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Waialua, HI, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 49 |
Total Units Section 8 | 14 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$70 | $2,350 | $2,280 |
| 2 Bedroom | -$210 | $3,200 | $2,990 |
| 3 Bedroom | -$110 | $4,300 | $4,190 |
| 4 Bedroom | $670 | $4,350 | $5,020 |
Affordability — Waialua, HI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.4 |
| Median Home Price | $991,000 |
| Median Household Income | $93,900 |