Kailua Kona, HI 96740 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. $2,175,000 median sold price is the primary indicator of recent transaction value in Kailua Kona and suggests realized market value is above current asking levels; the gap between the median sold price and the median listing price may indicate pricing friction between seller expectations and completed transactions.
2. 237 median days on market coupled with a cold market temperature suggests slower sales velocity and reduced transaction liquidity, which may extend time to close for sellers and pressure deal timelines.
3. down year-over-year price trend alongside elevated interest rate pressure (current 30-year fixed ~6.74% vs ~5.87% earlier in 2026) signals softening pricing power and higher carrying costs for buyers, which may suppress bidding activity and favor negotiated price concessions.
4. $2,800 median market rent is trending up, indicating modest rent resilience even as sale prices show downward pressure; this divergence suggests potential short-term income support for buy-to-rent strategies, though affordability is constrained by the elevated interest rate environment.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.