South Kohala, Honolulu, HI—96822
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — South Kohala, Honolulu, HI
As of Oct '25, the median home price in South Kohala, Honolulu, HI is $655,000, with a year-over-year change of -1.8%. This indicates that home prices in South Kohala, Honolulu, HI are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $655,000 | -1.8% |
| Single Family | $1,581,000 | 1.3% |
| Condos | $373,000 | -4.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $329,000 | -5.2% |
2 Bed | $440,000 | -5.0% |
3 Bed | $1,419,000 | 1.9% |
4 Bed | $1,677,000 | 1.6% |
| 5 Bed | $1,859,000 | 1.4% |
% of Housing Stock
Rental Trends — South Kohala, Honolulu, HI
As of July '25, Rentcast reports the average rent in South Kohala, Honolulu, HI is $2,440, with a year-over-year rent change of 10.4%. Per bedroom, the median rent as of July '25 in South Kohala, Honolulu, HI is studios: $1,660, 1-bedrooms: $1,780, 2-bedrooms: $2,500, 3-bedrooms: $4,350, 4-bedrooms: $5,440. The most common rental property sizes in South Kohala, Honolulu, HI are 2-bedroom and 1-bedroom, accounting for 35.1% and 32.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,440 |
| Studio Rent | $1,800 | $1,660 |
| 1 Bed Rent | $1,800 | $1,780 |
| 2 Bed Rent | $2,300 | $2,500 |
| 3 Bed Rent | $3,980 | $4,350 |
| 4 Bed Rent | $5,500 | $5,440 |
% of Rental Stock
Property Listings — South Kohala, Honolulu, HI
As of Oct '25, Realtor.com reports that the median days on market for a home in South Kohala, Honolulu, HI is 85. This is a increase of 27.0% 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 | $429,000 | 0.0% |
Listing Count | 209 | 23.0% |
| Listings as % of Homes | 0.4% | 23.0% |
Days on Market | 85 | 27.0% |
Demographics — South Kohala, Honolulu, HI
As of the latest ACS Survey released in 2023, South Kohala, Honolulu, HI has a population of 44,600, which has decreased by -4.5% over the past 5 years. South Kohala, Honolulu, HI is a less popular place for families, as children make up 14.6% of the population. The area has a highly educated workforce, with 57.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 44,600 | -4.5% |
% Under 18 | 14.6% | 2.8% |
% Seniors | 23.1% | 4.5% |
% WFH | 11.2% | 143.5% |
% w/ College Degree | 57.5% | 17.3% |
As of the latest ACS Survey released in 2023, South Kohala, Honolulu, HI is a predominantly asian area, with 48.1% of the population identifying as asian. The asian population has shrunk by 7.9% in the last 5 years. The second most common race or ethnicity in South Kohala, Honolulu, HI is white, making up 21.0% of the population. Foreign-born residents account for 20.4% of the population in South Kohala, Honolulu, HI, and this percentage has increased by 8.5% 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 | 21.0% | 12.9% |
% Black | 1.1% | -8.3% |
% Hispanic | 5.2% | -13.3% |
% Asian | 48.1% | -7.9% |
% Foreign Born | 20.4% | 8.5% |
Mortgage and Risk — South Kohala, Honolulu, HI
According to HUD data as of 2023, there were 368 mortgage originations in South Kohala, Honolulu, HI, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in South Kohala, Honolulu, HI. Investor activity is low, as 5.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 368 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 5.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — South Kohala, Honolulu, HI
As of 2024, the percent of homes in South Kohala, Honolulu, HI under the Section 8 program is 4.4%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in South Kohala, Honolulu, HI, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 391 |
Total Units Section 8 | 365 |
% Rentals under Section 8 | 4.4% |
% Occupied Section 8 | 78.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $1,800 | $1,950 |
| 2 Bedroom | $260 | $2,300 | $2,560 |
| 3 Bedroom | -$390 | $3,980 | $3,590 |
| 4 Bedroom | -$1,200 | $5,500 | $4,300 |
Affordability — South Kohala, Honolulu, HI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7 |
| Median Home Price | $655,000 |
| Median Household Income | $95,600 |