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Cost of homeownership in Hawaii

State averages from Census ACS, energy costs from DOE EIA, and appreciation from FHFA. County-level detail is below.

Avg home value
$707,525
Avg property tax
$1,694
Homeownership rate
65.1%
1yr appreciation
-0.6%

Home price trend

FHFA House Price Index, quarterly.

Most expensive counties

  1. 1.Honolulu County$832,200
  2. 2.Maui County$800,100
  3. 3.Kauai County$742,900
  4. 4.Hawaii County$454,900

Most affordable counties

  1. 1.Hawaii County17.6%
  2. 2.Kauai County18.9%
  3. 3.Maui County19.6%
  4. 4.Honolulu County20.9%
Avg electricity
40.6¢/kWh

DOE EIA residential average.

Avg annual energy cost
$4,384

Residential baseline.

Avg mortgage interest deduction
Pending

IRS SOI, state-level avg.

All counties in Hawaii

Frequently asked questions

How much does it cost to own a home in Hawaii?

Based on Census ACS, the state average home value in Hawaii is $707,525, with median annual property tax around $1,694. Your actual cost depends on county and property.

What is the property tax in Hawaii?

Property tax rates vary by county. Hawaii's state average sits at roughly $1,694 per year on a median home. See county-level pages for local rates.

How fast are home prices appreciating in Hawaii?

FHFA House Price Index data shows Hawaii appreciating -0.6% over the last year and 37.8% over the last five years.

Is homeownership high in Hawaii?

Hawaii's homeownership rate is 65.1% (Census ACS). The share of owner-occupied units varies widely across counties.

Data sources

Disclaimer. HomeRule is not a real estate agent, lender, appraiser, or financial advisor. This content is for educational and informational purposes only. Actual costs vary significantly by property, location, and individual circumstances. Consult qualified professionals for personalized advice.