Kamakahonu, Residence Of King Kamehameha I · Photo: W Nowicki · CC BY 3.0550 homes sold in Kailua in the last year, at a typical $919K
Redfin reports Kailua’s sales by ZIP code, so these figures are for ZIP 96740, which takes in Kailua and the area around it. Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Kailua homes are listed.
Every place Kailua homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Kailua.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
40% of Kailua’s sales are condos, at $599K less than a house
319 houses and 221 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 319 sold in 12 months
- Per square foot
- $686HI $625
- Days to sell
- 98
- Sold over asking
- 11%
typical sale · 221 sold in 12 months
- Per square foot
- $621HI $724
- Days to sell
- 132
- Sold over asking
- 3%
Fewer homes sell than before 2022, at twice the 2016 price
550 sales in the last year, against 1,156 in 2021 and a low of 580 in 2023. The typical sale went from $478K in 2016 to $919K.
Source: Redfin Data Center, MLS sales; for ZIP 96740, which takes in Kailua and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.
What $900K buys in Kailua
Check a listing against what Kailua homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Kailua are back to pre-pandemic levels, with about as many homes for sale
We read every month of home sales in ZIP 96740 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 550 sales.
If you’re buying in Kailua
- Shop in January. It brings about 66 new listings a month, close to the busiest month, with fewer bidding wars (13% over asking).
- Offer under asking. Buyers paid 96.6% of the list price on average; 8% paid over.
- You’ll usually have time. Only 17% of homes go under contract within two weeks; the typical one takes 111 days.
Spring brings the homes; summer brings the bidding wars
March has the most new listings (about 71 a month), but June is the most competitive: 18% of June sales close over asking. January and February offer nearly as much choice with fewer homes bid up (13%). January has the least competition (13%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Hawaii
| Kailua now | 2017–19 | 2021 peak | HI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 8% | 8% | 32% | 16% |
| Gone within two weeksShare of homes under contract within 14 days | 17% | 24% | 46% | 24% |
| Listings with a price cutShare of homes for sale that cut their price | — | — | — | 17% |
| Price paid vs. askingAverage sale price ÷ list price | 96.6% | 96.9% | 99.4% | 97.6% |
| Days to sellMedian days from listing to contract | 111 | 131 | 76 | 98 |
298 homes for sale on a typical day
That’s 1.7 times the 2022 low (179), about the 2017–19 level and well under 2016’s 400.
Since 2019, houses are up 84%, condos 64%
A house typically sold for $1.2M in the last year (319 sales), a condo for $575K (221).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Source: Redfin Data Center, ZIP code tracker; for ZIP 96740, which takes in Kailua and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Kailua home costs about $5,058 a month
Price: Kailua’s typical sale, last 12 months. Property tax at Kailua’s 0.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Kailua is affordable on local pay is on Cost of living.
Five things worth knowing
New listings in March
The month with the most choice. October has the fewest, about 60.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $919K home, about $3,150 a year.
Taxes vs. neighborsCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Waikoloa Village sells for less a square foot; Waikoloa Beach Resort for far more
The busier markets within 25 miles of Kailua, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Kailua (ZIP 96740) | 550 | $919K | $658 | 8% | 111 |
| Waikoloa Village | 124 | $750K | $528 | 11% | 135 |
| Kahaluu-Keauhou | 120 | $1.1M | $715 | 6% | 118 |
| Kaiminani | 113 | $1.2M | $660 | 11% | 95 |
| Waikoloa Beach Resort | 93 | $1.6M | $943 | 8% | 137 |
| Holualoa | 31 | $2M | $726 | 16% | 549 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Kailua, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Kailua. People who follow the town see it, and so do people comparing Kailua with their own town. No commission, no listing fee.
Questions about buying a home in Kailua
What do homes sell for in Kailua, HI?
550 homes sold in the year to May 2026 at a typical $919K, $658 a square foot. Houses sold for about $1.2M, condos for about $575K.
Is Kailua a buyer’s or seller’s market?
A balanced market: 284 homes were for sale in May 2026 and 48 sold, about 5.9 months of supply. Buyers paid 96.6% of asking on average.
When is the best time to buy in Kailua?
March brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Kailua?
About 0.3% of a home’s value a year. On a $919K home that’s near $3,150.
Where can I see homes for sale in Kailua?
Zillow, Redfin, Realtor.com and Homes.com all carry Kailua’s MLS listings; the search links above open each one filtered to Kailua.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 96740, which takes in Kailua and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).