44Alpha

Kapaa, HI metro area Housing Market Brief

metro · as of July 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%
64
Inventory Health25%
56
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 Emerging early in its cycle, with scores climbing from a low base. This is a classification of recent (1–12 month) momentum, not a price forecast.

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

Our model forecasts Kapaa, HI metro area’s home prices to decline about 6.7% over the next 12 months (medium confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Kapaa, HI metro area housing market data

MetricValueYoY
Median Sale Price$1.1M▲ +13.5%
Median Days on Market96 days▲ +3.2%
Months of Supply5.6-49.1%
Homes for Sale290-17.8%
Homes Sold52▲ +62.5%
Median Price / Sq Ft$866▲ +6.7%

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

Now: 44
12-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 July 2026, Kapaa, HI metro area is classified as a Balanced Market, based on its Alpha Score of 44 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.