Hawaii Island Real Estate Market Update: April 2026

Hawaiʻi Island Real Estate Market Report – April 2026

The Hawaiʻi Island real estate market remained active throughout April 2026, with steady transaction volume across residential, condo, and land markets. While single-family home and condo median prices adjusted from March highs, buyer activity remained healthy across many regions of the island, particularly within Puna, North Kona, and South Kohala. Overall, the market continues to reflect a balance between affordability-driven demand on the East side and luxury-driven activity on the West side.

According to Hawaiʻi Information Service (HIS) MLS data, Hawaiʻi Island recorded 354 total sales across single-family homes, condos, and land in April.

Here’s a closer look at what’s happening across the island.

👉 Read the Full Big Island April 2026 Market Report Here!

Hawaiʻi Island Single-Family Home Market

Single-family home sales totaled 161 closings in April, slightly down from 172 sales in March but above the 156 sales recorded one year ago. The island-wide median sales price adjusted to $570,000, while the average days on market improved to 80 days, down from 93 days the previous month.

Puna once again led the island in residential transaction volume with 71 sales, followed by North Kona with 38 sales. These two districts continue to showcase the diversity of Hawaiʻi Island’s housing market, with East Hawaiʻi attracting affordability-focused buyers while West Hawaiʻi continues to draw luxury and second-home demand.

North Kona recorded a residential median price of $1,069,000, while South Kohala came in at $950,000, highlighting continued strength in West Hawaiʻi’s higher-priced markets. Meanwhile, East Hawaiʻi districts such as Puna and Kaʻū remained among the island’s more accessible entry points for buyers.

 

Hawaiʻi Island Condo Market

The condo market recorded 52 sales in April, a slight decrease from 54 sales in March but still above the 48 sales recorded during the same time last year. The island-wide condo median price adjusted to $582,500, while average days on market increased to 96 days.

Condo activity remained heavily concentrated in North Kona and South Kohala, which together accounted for 44 of the island’s 52 condo sales. North Kona led the condo market with 27 sales and a median price of $570,000, while South Kohala recorded 17 sales with a median price of $1,119,000.

This continued split between resort-oriented luxury inventory and more moderately priced condo opportunities reflects the broad range of options available to buyers across West Hawaiʻi.

Hawaiʻi Island Land Market

Land sales increased to 141 closings in April, up from 131 sales in March. The island-wide median land price remained relatively stable at $60,000, while average days on market decreased slightly to 104 days.

Puna continued to dominate the land market with 85 sales, reinforcing ongoing buyer demand for more affordable vacant land opportunities. Kau also remained active with 29 land sales during the month.

On the West side, South Kohala recorded several high-value land transactions, contributing to elevated overall dollar volume despite lower transaction counts.

 

East Hawaiʻi Market Trends

East Hawaiʻi — including North Hilo, South Hilo, Puna, Kaʻū, and Hāmākua — continued to experience strong transaction activity throughout April, particularly within the residential and land segments.

Puna remained the driving force behind East-side activity, accounting for:

71 residential sales
85 land sales

The region continues to appeal to buyers seeking affordability, larger lot sizes, and long-term investment opportunities.

West Hawaiʻi Market Trends

West Hawaiʻi — including North Kona, South Kona, North Kohala, and South Kohala — continued to demonstrate strength within both the luxury residential and resort condo markets.

North Kona and South Kohala remained the primary contributors to West-side pricing activity, with higher-value transactions continuing to influence regional market trends. Condo and residential demand within these areas continues to be supported by second-home buyers, lifestyle purchasers, and resort-oriented investment activity.

West Hawaiʻi regional pricing figures within this report are calculated using a weighted approach across all West-side districts to provide a balanced representation of market conditions.

What This Means for Big Island Buyers & Sellers

While median prices adjusted downward from March highs in both the residential and condo markets, overall transaction volume remained healthy across Hawaiʻi Island. The decrease in average days on market for single-family homes may indicate that well-priced inventory continues to attract motivated buyers despite broader market normalization.

At the same time, increasing condo days on market suggests that buyers are becoming more selective, particularly within higher-priced resort inventory segments.

As inventory levels continue to evolve throughout 2026, buyers and sellers alike should remain focused on local district trends rather than relying solely on island-wide averages, as Hawaiʻi Island continues to operate as a collection of highly unique micro-markets.

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