Search Honolulu, HI homes for sale with Honolulu real estate expert, Elise Lee.
The housing market in Honolulu, HI is not very competitive. The median sale price of a home in Honolulu was $580K last month, an increase of 10.2% since last year. The median sale price per square foot in Diamond Head is $746, an increase of 5.4% since last year. In August 2024:
Median Sale Price
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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.
Everything you need to know about Honolulu, HI real estate.
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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.
