Honolulu, HI Real Estate & Homes For Sale

Is Honolulu a good place to live?

Honolulu, the capital of Hawaii, is often considered a desirable place to live due to its beautiful natural surroundings, year-round warm weather, and vibrant culture. Located on the island of Oahu, Honolulu offers access to pristine beaches, outdoor recreational activities such as hiking and surfing, and a diverse blend of cultures influenced by Hawaiian, Asian, and Western traditions. The city also has a strong job market, particularly in sectors like tourism, military, and government services, making it appealing to professionals seeking opportunities in these fields. Additionally, Honolulu is home to quality healthcare facilities and educational institutions, providing essential services to its residents.

However, living in Honolulu comes with certain challenges. The cost of living is significantly higher than the national average, driven by high housing costs and the expense of imported goods. Traffic congestion is also an issue in the city, particularly during rush hours, and the limited availability of land can lead to crowded living conditions in certain areas.

Despite these challenges, many people still find Honolulu to be an attractive place to live due to its unique lifestyle, outdoor opportunities, and close-knit community.

Yes, Honolulu real estate can be a good investment due to strong demand, limited land availability, and long-term property value appreciation, but high entry costs and economic fluctuations should be considered.

As of 2024, the median price for a single-family home in Honolulu is around $1 million, though prices can vary based on location and property type.

Honolulu's housing prices are high due to limited land availability, strong demand, and the cost of importing construction materials, coupled with the appeal of living in a tropical, urban environment.

Honolulu is generally considered a seller's market, with high demand and limited housing supply, which tends to favor sellers over buyers.

Oahu, particularly Honolulu, is considered the best island to live on for those seeking a mix of urban conveniences, job opportunities, and access to natural beauty.

Kauai and the Big Island are the safest Hawaiian islands, with Maui following, and then Oahu. Kauai, in particular, is considered exceptionally safe.

Work With Elise

Elise brings a fresh, creative international perspective to her Luxury Real Estate, Concierge & Interior Design career. She chairs the Honolulu Board of Realtors® City Affairs Committee, is on the Board of Directors for the Hawaii Economic Association, an Officer in the Confrérie de la Chaîne des Rôtisseurs Hawaii Bailliage.