24 homes sold in Punaluu in the last year, at a typical $579K
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 Punaluu homes are listed.
Every place Punaluu 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 Punaluu.
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.
Condos are 79% of Punaluu’s sales, at a typical $318K
24 homes sold in the year to May 2026.
typical sale · 19 sold in 12 months
- Per square foot
- $631HI $724
- Days to sell
- 131
- Sold over asking
- 21%
- Listings with a price cut
- 17%
Houses: 5 sold, typical $1.8M
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.8 times the 2017 price
24 sales in the last year, against 63 in 2021 and a low of 21 in 2018. The typical sale went from $325K in 2017 to $579K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $600K buys in Punaluu
Check a listing against what Punaluu 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 Punaluu are more common than before the pandemic, with about as many homes for sale
We read every month of Punaluu’s home sales since 2017 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, 24 sales.
If you’re buying in Punaluu
- Shop in May. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (14% over asking).
- Some room to negotiate. 16% of listings cut their price, about as many as before the pandemic.
- Offer under asking. Buyers paid 97.7% of the list price on average; 21% paid over.
- You’ll usually have time. Only 6% of homes go under contract within two weeks; the typical one takes 109 days.
Spring brings the homes; summer brings the bidding wars
March has the most new listings (about 5 a month), but August is the most competitive: 24% of August sales close over asking. May offers nearly as much choice with fewer homes bid up (14%). January has the least competition (0%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like Hawaii as a whole
| Punaluu now | 2017–19 | 2021 peak | HI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 21% | 6% | 27% | 16% |
| Gone within two weeksShare of homes under contract within 14 days | 6% | 9% | 21% | 24% |
| Listings with a price cutShare of homes for sale that cut their price | 16% | 18% | 13% | 17% |
| Price paid vs. askingAverage sale price ÷ list price | 97.7% | 95.4% | 99.1% | 97.6% |
| Days to sellMedian days from listing to contract | 109 | 170 | 85 | 98 |
13 homes for sale on a typical day
That’s about the 2017–19 level and well under 2024’s 22.
1 in 6 listings has cut its price
16% in the last year, against 18% in 2017–19 and 17% across Hawaii.
Since 2019, houses are up 100%, condos 27%
A house typically sold for $1.8M in the last year (5 sales), a condo for $318K (19).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Source: Redfin Data Center, city market tracker, January 2017 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Punaluu home costs about $3,124 a month
Price: Punaluu’s typical sale, last 12 months. Property tax at Punaluu’s 0.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Punaluu is affordable on local pay is on Cost of living.
Five things worth knowing
New listings in March
The month with the most choice. December has the fewest, about 2.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $579K home, about $1,230 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.
Wahiawa and Waipio Acres sell for less a square foot; Pupukea for far more
The busier markets within 25 miles of Punaluu, 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 | |
|---|---|---|---|---|---|
| Mililani Mauka | 150 | $629K | $671 | 21% | 84 |
| Wahiawa | 90 | $783K | $605 | 30% | 96 |
| Waipio Acres | 72 | $441K | $507 | 43% | 111 |
| Ahuimanu | 67 | $961K | $647 | 28% | 68 |
| Hauula | 28 | $822K | $737 | 25% | 148 |
| Pupukea | 27 | $2.3M | $1,462 | 11% | 170 |
| Punaluu | 24 | $579K | $665 | 21% | 109 |
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 Punaluu, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Punaluu. People who follow the town see it, and so do people comparing Punaluu with their own town. No commission, no listing fee.
Questions about buying a home in Punaluu
What do homes sell for in Punaluu, HI?
24 homes sold in the year to May 2026 at a typical $579K, $665 a square foot.
Is Punaluu a buyer’s or seller’s market?
A balanced market: 13 homes were for sale in May 2026 and 3 sold, about 4.3 months of supply. Buyers paid 97.7% of asking on average, and 16% of listings cut their price.
When is the best time to buy in Punaluu?
March brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Punaluu?
About 0.2% of a home’s value a year. On a $579K home that’s near $1,230.
Where can I see homes for sale in Punaluu?
Zillow, Redfin, Realtor.com and Homes.com all carry Punaluu’s MLS listings; the search links above open each one filtered to Punaluu.
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).