Hawaii · as of September 2026

What counts as luxury real estate in Hawaii

The convention this site uses

In Hawaii, this site treats homes at $3M and above as luxury. That is our own fixed band, set so the covered markets are the ones where the top of the market actually trades at that level. It is not a loan limit and it is not a median; the medians below are the middle of each market, and luxury inventory trades well above them. The rule and its reasoning are on the methodology page.

Hawaii's luxury markets by home value

Zillow Home Value Index, typical middle-tier home, latest month.

Market	Median value	YoY	Ranked agents
Hanalei	$3,279,000	-2.0%	10
Princeville	$1,394,000	-2.5%	10
Paia	$1,314,000	-1.0%	10
Haiku	$1,282,000	-1.2%	10
Koloa	$1,278,000	+2.8%	10
Kailua	$1,100,000	—	10
Kihei	$990,000	-7.3%	10
Lahaina	$965,000	-7.2%	10
Honolulu	$780,000	—	10

What changes at this price in Hawaii

Each fact links to the statute or agency that says so. Facts we could not verify against an official source are left out rather than guessed.

Transfer and mansion taxes: Hawaii's conveyance tax is graduated by price and is higher when the buyer will not claim a home exemption. For buyers without the exemption the rate runs from $0.15 per $100 under $600,000 up to $1.25 per $100 (1.25 percent) on sales of $10 million or more; buyers who will occupy the home pay $0.10 to $1.00 per $100. Source
Agency and dual agency: Hawaii permits dual agency only with the written consent of both buyer and seller after full disclosure of the dual representation. Source
Seller disclosure: Hawaii sellers of residential property must deliver a written disclosure statement of known material facts under the Mandatory Seller Disclosures in Real Estate Transactions law, Chapter 508D of the Hawaii Revised Statutes. Source
State estate or inheritance tax: Hawaii levies its own estate tax on estates above a $5.49 million exemption, with graduated rates from 10 percent to 20 percent. Source