Housing Market in Kailua-Kona

Kailua-Kona's 2026 housing market is genuinely expensive by every citation reviewed, with Zillow's cited average home value at approximately $881,477 against a cited national median of approximately $408,776 -- though this record discloses a real, current, disclosed softening trend across every major metric this pass.

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A Genuinely Expensive Market, Softening in 2026

Zillow's cited average home value ran approximately $881,477 (down ~1.4% YoY, as of July 31, 2026), while Redfin's cited median sale price ran approximately $878,000 (down a sharper ~17.0% YoY) -- a real, disclosed cross-metric tension on the precise magnitude of the decline this record does not resolve to one clean narrative, though both figures agree on the real, current direction: down.

A Real, Substantial Segment Split Between Single-Family Homes and Condos

KE Team Hawaii's mid-2026 market report cited a year-to-date median single-family home price of approximately $1.225 million (down ~6.1% YoY, though price-per-square-foot fell only ~1%, suggesting underlying values held up better than the median swing alone implies), while the year-to-date median condo price ran substantially lower, approximately $570,000, with condos carrying approximately 7.7 months of supply -- genuinely more negotiating leverage for condo buyers than the tighter single-family segment.

A Real, Disclosed Substantial Premium Versus the National Median, Even at the Low End

Against the ~$408,776 national median comparison figure used consistently across this project's records, even Kailua-Kona's lowest-cited segment (the ~$570,000 condo median) runs approximately 40% above it, and the single-family median runs roughly triple it -- a real, genuine, and comparatively large affordability GAP in the expensive direction, the inverse of several other Tier A+ markets in this project's dataset.

Neighborhood-Level and Lava-Zone-Specific Price Variance Was Not Researched to Comparable Depth This Pass

This record did not independently research how Kailua-Kona's specific lava-flow hazard zone or neighborhood (Alii Drive vs. Holualoa vs. Kona Palisades, for instance) affects a given property's price to comparable depth this pass -- see the best-areas topic page for what this record did confirm, and buyers should confirm current, specific listing and closed-sale data directly for a target neighborhood.

Confirm a Target Property's Lava-Flow-Zone Status, Given Real Insurance and Lending Implications

As detailed on the flood-hurricane-risk topic page, most of Kailua-Kona falls in the moderate-hazard USGS Lava-Flow Hazard Zone 4, which this record's research found carries standard insurance availability and normal lending terms -- but buyers should confirm a specific target property's exact zone directly, since higher-hazard zones elsewhere on the island can carry real, different insurance and lending implications this record did not research to comparable depth for Kailua-Kona specifically.

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.