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Mākaha Valley, HawaiiPhoto: The Eloquent Peasant · CC BY-SA 4.0
Housing in Makaha

127 homes sold in Makaha in the last year, at a typical $298K

Most homes sold are condos. 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 Makaha homes are listed.

Homes sold
127
June 2025 to May 2026
Typical sale price
$298K
houses $678K · condos $244K
Price per square foot
$405
Hawaii $673
Paid vs. asking
97%
15% sold over asking
For sale now
121
May 2026 · 9 sold that month
What sold · last 12 months

Two thirds of Makaha’s sales are condos, at $433K less than a house

41 houses and 82 condos sold in the year to May 2026. Condos sell faster. Houses draw more bidding wars.

Houses$678K

typical sale · 41 sold in 12 months

Per square foot
$539HI $625
Days to sell
131
Sold over asking
24%
Listings with a price cut
14%
Condos$244K

typical sale · 82 sold in 12 months

Per square foot
$373HI $724
Days to sell
126
Sold over asking
11%
Listings with a price cut
17%
Fewer sales

Multi-family (2–4 units): 2 sold, typical $905K
Townhouses: 2 sold, typical $620K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 1.7 times the 2016 price

127 sales in the last year, against 267 in 2021 and a low of 94 in 2012. The typical sale went from $173K in 2016 to $298K.

Homes soldTypical sale price
075150225300$175K$250K$325K$400K2012: 94 sold, typical $133K’122013: 134 sold, typical $163K2014: 194 sold, typical $179K’142015: 179 sold, typical $208K2016: 187 sold, typical $173K’162017: 184 sold, typical $191K2018: 201 sold, typical $199K’182019: 201 sold, typical $232K2020: 194 sold, typical $226K’202021: 267 sold, typical $253K2022: 224 sold, typical $276K’222023: 145 sold, typical $296K2024: 160 sold, typical $347K’242025: 122 sold, typical $295KLast 12 months: 127 sold, typical $298KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Makaha

Houseat $539 a sq ft
Condoat $373 a sq ft
The same money in Hawaiiat $625 a sq ft

Is this asking price fair?

Check a listing against what Makaha 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.

What the sales history says · 14 years of sales

Bidding wars in Makaha are back to pre-pandemic levels, and more homes are for sale

We read every month of Makaha’s home sales 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, 127 sales.

If you’re buying in Makaha

  • Shop in February. It brings about 23 new listings a month, close to the busiest month, with fewer bidding wars (16% over asking).
  • You can negotiate. 16% of listings have cut their price, against 13% before the pandemic.
  • Offer under asking. Buyers paid 97% of the list price on average; 15% paid over.
  • You’ll usually have time. Only 12% of homes go under contract within two weeks; the typical one takes 116 days.
Best time to buy

Winter brings the homes; fall brings the bidding wars

January has the most new listings (about 26 a month), but September is the most competitive: 23% of September sales close over asking. November has the least competition (16%).

New listings a monthShare sold over asking
07.51522.53013%27%40%Sweet spotJan: 26 new listings a month, 17% sold over asking, 96 days to sellJFeb: 23 new listings a month, 16% sold over asking, 86 days to sellFMar: 24 new listings a month, 16% sold over asking, 82 days to sellMApr: 24 new listings a month, 22% sold over asking, 83 days to sellAMay: 22 new listings a month, 18% sold over asking, 80 days to sellMJun: 20 new listings a month, 21% sold over asking, 94 days to sellJJul: 20 new listings a month, 19% sold over asking, 86 days to sellJAug: 21 new listings a month, 18% sold over asking, 86 days to sellASep: 19 new listings a month, 23% sold over asking, 103 days to sellSOct: 19 new listings a month, 16% sold over asking, 84 days to sellONov: 20 new listings a month, 16% sold over asking, 97 days to sellNDec: 14 new listings a month, 20% sold over asking, 87 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Hawaii as a whole

Makaha now2017–192021 peakHI now
Sold over askingShare of sales that closed above the list price15%13%33%16%
Gone within two weeksShare of homes under contract within 14 days12%8%11%24%
Listings with a price cutShare of homes for sale that cut their price16%13%9%17%
Price paid vs. askingAverage sale price ÷ list price97%97.2%99.8%97.6%
Days to sellMedian days from listing to contract116886698
Supply

113 homes for sale on a typical day

That’s 1.8 times the 2022 low (61) and 27% more than in 2017–19.

2012: 75 for sale’122013: 95 for sale2014: 100 for sale2015: 83 for sale’152016: 72 for sale2017: 87 for sale2018: 86 for sale’182019: 92 for sale2020: 88 for sale2021: 71 for sale’212022: 61 for sale2023: 77 for sale2024: 109 for sale’242025: 115 for saleLast 12 months: 113 for saleNow
Room to negotiate

1 in 6 listings has cut its price

16% in the last year, against 13% in 2017–19 and 17% across Hawaii.

2015: 13%’152016: 12%2017: 11%2018: 14%’182019: 13%2020: 11%2021: 9%’212022: 12%2023: 15%2024: 15%’242025: 18%Last 12 months: 16%Now
Prices by type

Since 2019, houses are up 35%, condos 35%

A house typically sold for $678K in the last year (41 sales), a condo for $244K (82).

$225K$450K$675K$900K2013201520172019202120232025NowHouses 2013: $387K, 51 salesHouses 2014: $490K, 69 salesHouses 2015: $430K, 67 salesHouses 2016: $457K, 55 salesHouses 2017: $410K, 61 salesHouses 2018: $513K, 57 salesHouses 2019: $500K, 61 salesHouses 2020: $505K, 64 salesHouses 2021: $655K, 79 salesHouses 2022: $701K, 54 salesHouses 2023: $631K, 40 salesHouses 2024: $771K, 54 salesHouses 2025: $678K, 40 salesHouses last 12 months: $678K, 41 salesHouses $678KCondos 2013: $109K, 75 salesCondos 2014: $118K, 123 salesCondos 2015: $131K, 112 salesCondos 2016: $131K, 127 salesCondos 2017: $155K, 122 salesCondos 2018: $171K, 141 salesCondos 2019: $181K, 140 salesCondos 2020: $195K, 130 salesCondos 2021: $208K, 187 salesCondos 2022: $248K, 170 salesCondos 2023: $258K, 105 salesCondos 2024: $251K, 105 salesCondos 2025: $230K, 79 salesCondos last 12 months: $244K, 82 salesCondos $244K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Hawaii

Makaha ranks 28th of 43 busy Hawaii markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Makaha is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Makaha home costs about $1,627 a month

Mortgage
Property tax
Insurance
Rent

Price: Makaha’s typical sale, last 12 months. Property tax at Makaha’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 Makaha is affordable on local pay is on Cost of living.

Before you buy in Makaha

Five things worth knowing

26

New listings in January

The month with the most choice. December has the fewest, about 14.

Best time to buy
0.3%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $298K home, about $860 a year.

Taxes vs. neighbors
47 min

Typical commute

The average one-way trip to work for people who live in Makaha.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Maili, Mokuleia, Waialua and Ko Olina for far more

The busier markets within 25 miles of Makaha, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Makaha127$298K$40515%116
Maili93$669K$51035%99
Waianae82$431K$41820%111
Nanakuli63$478K$39530%132
Ko Olina49$1.3M$1,0424%152
Waialua30$1.1M$86017%96
Mokuleia29$873K$88914%110

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.

Selling, or renting out?

Post your home to Makaha, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Makaha. People who follow the town see it, and so do people comparing Makaha with their own town. No commission, no listing fee.

Questions about buying a home in Makaha

What do homes sell for in Makaha, HI?

127 homes sold in the year to May 2026 at a typical $298K, $405 a square foot. Houses sold for about $678K, condos for about $244K.

Is Makaha a buyer’s or seller’s market?

A buyer’s market: 121 homes were for sale in May 2026 and 9 sold, about 13.4 months of supply. Buyers paid 97% of asking on average, and 16% of listings cut their price.

When is the best time to buy in Makaha?

January brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Makaha?

About 0.3% of a home’s value a year. On a $298K home that’s near $860.

Where can I see homes for sale in Makaha?

Zillow, Redfin, Realtor.com and Homes.com all carry Makaha’s MLS listings; the search links above open each one filtered to Makaha.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). 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).