Kakaako, Honolulu, HI—96825
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kakaako, Honolulu, HI
As of Oct '25, the median home price in Kakaako, Honolulu, HI is $1,220,000, with a year-over-year change of -2.1%. This indicates that home prices in Kakaako, 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 | $1,220,000 | -2.1% |
| Single Family | $1,357,000 | -2.7% |
| Condos | $827,000 | -2.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $545,000 | -3.4% |
2 Bed | $793,000 | -3.3% |
3 Bed | $1,208,000 | -2.2% |
4 Bed | $1,481,000 | -2.5% |
| 5 Bed | $1,732,000 | -1.0% |
% of Housing Stock
Rental Trends — Kakaako, Honolulu, HI
As of July '25, Rentcast reports the average rent in Kakaako, Honolulu, HI is $4,340, with a year-over-year rent change of 4.6%. Per bedroom, the median rent as of July '25 in Kakaako, Honolulu, HI is studios: $1,850, 1-bedrooms: $2,830, 2-bedrooms: $3,520, 3-bedrooms: $4,970, 4-bedrooms: $6,000. The most common rental property sizes in Kakaako, Honolulu, HI are 3-bedroom and 2-bedroom, accounting for 34.5% and 30.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,950 | $4,340 |
| Studio Rent | $1,850 | $1,850 |
| 1 Bed Rent | $2,800 | $2,830 |
| 2 Bed Rent | $3,450 | $3,520 |
| 3 Bed Rent | $4,500 | $4,970 |
| 4 Bed Rent | $5,900 | $6,000 |
% of Rental Stock
Property Listings — Kakaako, Honolulu, HI
As of Oct '25, Realtor.com reports that the median days on market for a home in Kakaako, Honolulu, HI is 66. This is a increase of 46.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $999,000 | -17.0% |
Listing Count | 154 | 33.0% |
| Listings as % of Homes | 0.8% | 33.0% |
Days on Market | 66 | 46.0% |
Demographics — Kakaako, Honolulu, HI
As of the latest ACS Survey released in 2023, Kakaako, Honolulu, HI has a population of 30,900, which has increased by 5.2% over the past 5 years. Kakaako, Honolulu, HI is a moderately popular place for families, as children make up 20.2% of the population. The area has a highly educated workforce, with 59.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,900 | 5.2% |
% Under 18 | 20.2% | -0.5% |
% Seniors | 27.2% | 11.9% |
% WFH | 17.2% | 145.7% |
% w/ College Degree | 59.5% | 5.7% |
As of the latest ACS Survey released in 2023, Kakaako, Honolulu, HI is a predominantly asian area, with 42.3% of the population identifying as asian. The asian population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Kakaako, Honolulu, HI is white, making up 25.5% of the population. Foreign-born residents account for 14.8% of the population in Kakaako, Honolulu, HI, and this percentage has decreased by 9.8% 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 | 25.5% | -3.8% |
% Black | 0.8% | -33.3% |
% Hispanic | 7.2% | 33.3% |
% Asian | 42.3% | -6.4% |
% Foreign Born | 14.8% | -9.8% |
Mortgage and Risk — Kakaako, Honolulu, HI
According to HUD data as of 2023, there were 311 mortgage originations in Kakaako, Honolulu, HI, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 40.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Kakaako, Honolulu, HI. Investor activity is low, as 5.0% 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 | 311 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 5.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Kakaako, Honolulu, HI
As of 2024, the percent of homes in Kakaako, Honolulu, HI under the Section 8 program is 3.5%. 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 Kakaako, Honolulu, 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 | 81 |
Total Units Section 8 | 81 |
% Rentals under Section 8 | 3.5% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $280 | $2,800 | $3,080 |
| 2 Bedroom | $580 | $3,450 | $4,030 |
| 3 Bedroom | $1,150 | $4,500 | $5,650 |
| 4 Bedroom | $870 | $5,900 | $6,770 |
Affordability — Kakaako, Honolulu, HI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8 |
| Median Home Price | $1,220,000 |
| Median Household Income | $150,000 |