22Alpha

Kapaa, HI metro area Housing Market Brief

metro · HI · score computed October 2026

Deep Buyer's

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 Momentum—No data
—
Inventory Health31%
●45

Population band 3 of 5 (population 58,778–112,360) · comparable within its band

Affordability25%
●1
Economic Strength25%
-57.731
Rental Yield19%
●1

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

EmergingGrowingMaturePeakingDecliningRecovering

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

What’s the forecast for Kapaa, HI metro area?

Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Kapaa, HI metro area housing market data

MetricValueYoYSource
Median Sale Price$997K▼ -9.4%Redfin
Median Days on Market140 days▲ +5.3%Redfin
Months of Supply15.7▲ +84.7%Redfin
Homes for Sale306▼ -12.6%Redfin
Homes Sold20▼ -51.2%Redfin
Median Price / Sq Ft$702▼ -12%Redfin

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

Now: 22
2-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?

In the scores computed October 2026, Kapaa, HI metro area is classified as a Deep Buyer's Market, based on its Alpha Score of 22 out of 100. It is based on the 4 of five dimensions we can measure for this market — building, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.

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

The median sale price in Kapaa, HI metro area is $997K, having fallen 9.4% over the past year, according to Redfin.

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 Inventory Health (45/100) and its weakest is Rental Yield (1/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.

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.