45Alpha

Kapaa, HI metro area Housing Market Brief

metro · as of May 2026

Balanced

What is Kapaa, HI metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+15.964
Inventory Health25%
+2.160
Affordability20%
1
Economic Strength20%
No data
50
Rental Yield15%
44

Where is Kapaa, HI metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Kapaa, HI metro area is classified as Recoveringturning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

Kapaa, HI metro area housing market data

MetricValueYoY
Median Sale Price$1.1M▲ +13.5%
Median Days on Market116 days▲ +24.7%
Months of Supply5.6-49.1%
Homes for Sale290-17.8%
Homes Sold52▲ +62.5%
Median Price / Sq Ft$866▲ +6.7%
Sale-to-List Ratio96.0%-1.2%

How has Kapaa, HI metro area’s Alpha Score moved?

Now: 45
4-period trend
Median sale price · 12 mo

Markets like Kapaa, HI metro area

Frequently asked questions

Is Kapaa, HI metro area a buyer's or seller's market?

As of May 2026, Kapaa, HI metro area is classified as a Balanced Market, based on its Alpha Score of 45 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Kapaa, HI metro area?

The median sale price in Kapaa, HI metro area is $1.1M, having risen 13.5% over the past year.

How affordable is Kapaa, HI metro area?

Kapaa, HI metro area scores 1 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Kapaa, HI metro area's Alpha Score?

Kapaa, HI metro area's strongest dimension is Price Momentum (64/100) and its weakest is Affordability (1/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Kapaa, HI metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.