The Kailua-Kona housing market (ZIP 96740) saw a significant uptick in activity this September. Inventory is up nearly 50% month-over-month, while median prices remain strong, signaling a more balanced but still competitive market.

Inventory & New Listings

Active listings rose to 156, with 81 new listings in September — a 42% monthly increase. This surge expands options for buyers but also means sellers must stay sharp on pricing and presentation.

Median Sold Price

The median sold price reached $1,162,500 — up 24% year-over-year. Despite more inventory, demand for well-priced homes in desirable Kona neighborhoods continues to support higher price points.

Days on Market & Market Speed

Homes are selling faster  the median days on market dropped to 39, down 41% from the previous month. The market remains competitive for well-staged, accurately priced homes.

Total Sold Properties

Closed transactions totaled 32 homes in September (–3.1%). While slightly lower than prior months, this aligns with seasonal patterns and a high share of new listings still in contract phases.

Months of Supply

The supply of homes climbed to 4.88 months, up nearly 50% from the prior period. This suggests a more balanced environment — still favoring sellers in top locations, but easing slightly for buyers entering the market.

What This Means for Buyers and Sellers

• Buyers: You’ll find more inventory than earlier this year, especially in the $1M–$1.5M range. Act quickly on homes that fit your criteria — they’re still moving fast.
• Sellers: Presentation and price matter more than ever. With more competition, listings that show well and are accurately priced are attracting the strongest offers.

Local Market Context

Across the Big Island, we’re seeing similar trends: increasing inventory and steady buyer interest. The Kailua-Kona area continues to draw strong demand from both local and mainland buyers seeking lifestyle and long-term investment potential.

Ready to Explore Your Next Move?

See all current listings in Kailua-Kona or request a property valuation to understand your home’s market position. Data sourced from NextHome SmartZip, September 2025.