All-Transactions House Price Index for Hawaii was 934.22000 Index 1980 Q1=100 in January of 2025, according to the United States Federal Reserve. Historically, All-Transactions House Price Index for Hawaii reached a record high of 946.73000 in July of 2024 and a record low of 49.09000 in October of 1981. Trading Economics provides the current actual value, an historical data chart and related indicators for All-Transactions House Price Index for Hawaii - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for All-Transactions House Price Index for Urban Honolulu, HI (MSA) (ATNHPIUS46520Q) from Q1 1977 to Q1 2025 about Honolulu, HI, appraisers, HPI, housing, price index, indexes, price, and USA.

In the United States, Hawaii was the state with the most expensive housing, with the typical value of single-family homes in the 35th to 65th percentile range exceeding ******* U.S. dollars. Unsurprisingly, Hawaii also ranked top as the state with the highest cost of living. Meanwhile, a property was the least expensive in West Virginia, where it cost under ******* U.S. dollars to buy the typical single-family home. Single-family home prices increased across most states in the United States between December 2023 and December 2024, except in Louisiana, Florida, and the District of Colombia. According to the Federal Housing Association, house appreciation in 13 states exceeded **** percent in 2023.

Graph and download economic data for Housing Inventory: Median Listing Price in Hawaii (MEDLISPRIHI) from Jul 2016 to Jun 2025 about HI, listing, median, price, and USA.

House prices grew year-on-year in most states in the U.S. in the third quarter of 2024. The District of Columbia was the only exception, with a decline of ***** percent. The annual appreciation for single-family housing in the U.S. was **** percent, while in Hawaii—the state where homes appreciated the most—the increase exceeded ** percent. How have home prices developed in recent years? House price growth in the U.S. has been going strong for years. In 2024, the median sales price of a single-family home exceeded ******* U.S. dollars, up from ******* U.S. dollars five years ago. One of the factors driving house prices was the cost of credit. The record-low federal funds effective rate allowed mortgage lenders to set mortgage interest rates as low as *** percent. With interest rates on the rise, home buying has also slowed, causing fluctuations in house prices. Why are house prices growing? Many markets in the U.S. are overheated because supply has not been able to keep up with demand. How many homes enter the housing market depends on the construction output, whereas the availability of existing homes for purchase depends on many other factors, such as the willingness of owners to sell. Furthermore, growing investor appetite in the housing sector means that prospective homebuyers have some extra competition to worry about. In certain metros, for example, the share of homes bought by investors exceeded ** percent in 2024.

In 2020, the median price paid for a luxury single-family home on Maui, Hawaii was three million U.S. dollars. Luxury homes were defined as those in the top ten percent of the market in terms of price. In 2019, Maui County was one of the least affordable counties in the United States.

In 2018, the median price paid for a luxury single-family home on Kauai, Hawaii was *** million U.S. dollars. Luxury homes were defined as those in the top ten percent of the market in terms of price.

The U.S. housing market continues to evolve, with the median home price forecast to reach ******* U.S. dollars by the second quarter of 2026. This projection comes after a period of significant growth and recent fluctuations, reflecting the complex interplay of economic factors affecting the real estate sector. The rising costs have not only impacted home prices, but also down payments, with the median down payment more than doubling since 2012. Regional variations in housing costs Home prices and down payments vary dramatically across the United States. While the national median down payment stood at approximately ****** U.S. dollars in early 2024, homebuyers in states like California, Massachusetts, and Hawaii faced down payments exceeding ****** U.S. dollars. This disparity highlights the challenges of homeownership in high-cost markets and underscores the importance of location in determining housing affordability. Market dynamics and future outlook The housing market has shown signs of cooling after years of rapid growth, with more modest price increases of *** percent in 2022 and *** percent in 2023. This slowdown can be attributed in part to rising mortgage rates, which have tempered demand. Despite these challenges, most states continued to see year-over-year price growth in the fourth quarter of 2023, with Rhode Island and Vermont leading the pack at over ** percent appreciation. As the market adjusts to new economic realities, potential homebuyers and investors alike will be watching closely for signs of stabilization or renewed growth in the coming years.

United States Median Home Sale Price: Condo/Co-op: Hawaii data was reported at 458.000 USD th in Jul 2020. This records an increase from the previous number of 436.000 USD th for Jun 2020. United States Median Home Sale Price: Condo/Co-op: Hawaii data is updated monthly, averaging 392.000 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 481.000 USD th in Apr 2020 and a record low of 288.000 USD th in Jan 2013. United States Median Home Sale Price: Condo/Co-op: Hawaii data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB055: Median Home Sale Price: by States.

Graph and download economic data for Housing Inventory: Median Listing Price in Kauai County, HI (MEDLISPRI15007) from Jul 2016 to Jun 2025 about Kauai County, HI; HI; listing; median; price; and USA.

Graph and download economic data for Housing Inventory: Median Listing Price in Maui County, HI (MEDLISPRI15009) from Jul 2016 to May 2025 about Maui County, HI; HI; listing; median; price; and USA.

United States Median Home Sale Price: All Residential: Hawaii data was reported at 569.000 USD th in Jul 2020. This records a decrease from the previous number of 570.000 USD th for Jun 2020. United States Median Home Sale Price: All Residential: Hawaii data is updated monthly, averaging 493.000 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 606.000 USD th in Mar 2020 and a record low of 367.000 USD th in Mar 2012. United States Median Home Sale Price: All Residential: Hawaii data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB055: Median Home Sale Price: by States.

The median sales price of the existing privately owned single-family homes in the United States increased slightly in 2024. The most expensive homes were found in San Jose-Sunnyvale-Santa Clara, CA, where the median sales price was 1.9 million U.S. dollars. Hawaii and Delaware experienced the strongest home appreciation.

Graph and download economic data for Housing Inventory: Average Listing Price Year-Over-Year in Kauai County, HI (AVELISPRIYY15007) from Jul 2017 to Jun 2025 about Kauai County, HI; HI; average; listing; price; and USA.

United States House Price Index: FHFA: Expanded: Hawaii data was reported at 314.240 Jan1991=100 in Mar 2018. This records a decrease from the previous number of 318.940 Jan1991=100 for Dec 2017. United States House Price Index: FHFA: Expanded: Hawaii data is updated quarterly, averaging 190.440 Jan1991=100 from Mar 1991 (Median) to Mar 2018, with 109 observations. The data reached an all-time high of 318.940 Jan1991=100 in Dec 2017 and a record low of 92.910 Jan1991=100 in Sep 1998. United States House Price Index: FHFA: Expanded: Hawaii data remains active status in CEIC and is reported by Federal Housing Finance Agency. The data is categorized under Global Database’s USA – Table US.EB015: House Price Index: Expanded.

United States Median Home Sale Price: Townhouse: Hawaii data was reported at 877.000 USD th in Jul 2020. This records an increase from the previous number of 590.000 USD th for Jun 2020. United States Median Home Sale Price: Townhouse: Hawaii data is updated monthly, averaging 576.500 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 1,190.000 USD th in Dec 2013 and a record low of 205.000 USD th in Jan 2014. United States Median Home Sale Price: Townhouse: Hawaii data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB055: Median Home Sale Price: by States.

United States Median Home Sale Price: Multi-Family: Hawaii data was reported at 773.000 USD th in May 2020. This records an increase from the previous number of 529.000 USD th for Apr 2020. United States Median Home Sale Price: Multi-Family: Hawaii data is updated monthly, averaging 775.000 USD th from Mar 2012 (Median) to May 2020, with 73 observations. The data reached an all-time high of 2,165.000 USD th in Mar 2018 and a record low of 125.000 USD th in Feb 2019. United States Median Home Sale Price: Multi-Family: Hawaii data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB055: Median Home Sale Price: by States.

United States House Price Index: FHFA: Expanded: sa: Hawaii data was reported at 312.430 Jan1991=100 in Jun 2018. This records an increase from the previous number of 310.770 Jan1991=100 for Mar 2018. United States House Price Index: FHFA: Expanded: sa: Hawaii data is updated quarterly, averaging 190.320 Jan1991=100 from Mar 1991 (Median) to Jun 2018, with 110 observations. The data reached an all-time high of 312.430 Jan1991=100 in Jun 2018 and a record low of 91.320 Jan1991=100 in Sep 1998. United States House Price Index: FHFA: Expanded: sa: Hawaii data remains active status in CEIC and is reported by Federal Housing Finance Agency. The data is categorized under Global Database’s USA – Table US.EB015: House Price Index: Expanded.

West Virginia and Kansas had the lowest cost of living across all U.S. states, with composite costs being half of those found in Hawaii. This was according to a composite index that compares prices for various goods and services on a state-by-state basis. In West Virginia, the cost of living index amounted to **** — well below the national benchmark of 100. Virginia— which had an index value of ***** — was only slightly above that benchmark. Expensive places to live included Hawaii, Massachusetts, and California. Housing costs in the U.S. Housing is usually the highest expense in a household’s budget. In 2023, the average house sold for approximately ******* U.S. dollars, but house prices in the Northeast and West regions were significantly higher. Conversely, the South had some of the least expensive housing. In West Virginia, Mississippi, and Louisiana, the median price of the typical single-family home was less than ******* U.S. dollars. That makes living expenses in these states significantly lower than in states such as Hawaii and California, where housing is much pricier. What other expenses affect the cost of living? Utility costs such as electricity, natural gas, water, and internet also influence the cost of living. In Alaska, Hawaii, and Connecticut, the average monthly utility cost exceeded *** U.S. dollars. That was because of the significantly higher prices for electricity and natural gas in these states.

United States Freddie Mac House Price Index: Hawaii data was reported at 274.160 Dec2000=100 in Sep 2018. This records a decrease from the previous number of 274.741 Dec2000=100 for Aug 2018. United States Freddie Mac House Price Index: Hawaii data is updated monthly, averaging 108.244 Dec2000=100 from Jan 1975 (Median) to Sep 2018, with 525 observations. The data reached an all-time high of 277.634 Dec2000=100 in Apr 2018 and a record low of 27.144 Dec2000=100 in Mar 1975. United States Freddie Mac House Price Index: Hawaii data remains active status in CEIC and is reported by Federal Home Loan Mortgage Corporation, Freddie Mac. The data is categorized under Global Database’s United States – Table US.EB016: Freddie Mac House Price Index: Federal Home Loan Mortgage Corp.