Market Update – January 2026

Hawaiʻi Island’s real estate market opened 2026 on stable footing, with single-family home sales totaling 152 transactions (-12% YoY) and a median price of $582,000(-1% YoY), reflecting conditions largely in line with last year. Activity remained balanced across most regions, with no single area driving outsized changes in island-wide results. The condo market showed a modest shift in pace, with 40 sales (+3% YoY) and a median price of $616,500 (-9% YoY), while median days on market increased to 52, signaling a more deliberate buyer approach following stronger activity late last year. Overall, January reflected a market defined by consistency rather than acceleration, as buyers and sellers entered the new year with measured expectations and stable fundamentals across property types.

Brief Overview:
Island of Hawaii Unit Sales Stats for January 2026 VS. January 2025 

TOTAL SALES
Single Family Homes – Total sales of 152 single family homes marks a decrease of 12% in comparison to January 2025.
Condos – 40 total sold – up 3% from 2025 sales.
Land – 101 total sales of land offerings representing a decrease of 25% when compared against 2025 sales for January.

NEW LISTINGS
Single Family Homes – 213 new listings for January 2026. Down 29% from previous year.
Condominiums – 69 new condo listings for January 2025. Down 26% from January 2025.

Single Family Homes Specific Stats:
Median Sales Price:
$582,000 in January 2026. A decrease of 1% over median prices from January 2025.
Days on Market:
48 days on market for January 2026 – a decrease of 7% from January 2025.

Condominium Specific Stats:
Median Sales Price:
$617,000 in January 2025. Median prices down by 9% from January 2025.
Days on Market:
52 median days on market in January 2026.  A decrease of 6% compared to previous year.

Vacant Land Specific Stats:
Median Sales Price:
$47,000 representing a 15% increase in median price over January 2025.
Days on Market:
48 Days on Market for land sold in January 2026.  A decrease for days on market of 18%.