Kapaa, HI housing market
The typical Kapaa home is worth about $954,000, up 2.4% in a year, 14% above the Hawaii typical home. Homes typically sell in 134 days, below asking.
Home values, sales, trends and how Kapaa compares with the towns next door — updated as new data is published.
Kapaa at a glance
A balanced market
About 4.1 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Kapaa | Hawaii |
|---|---|---|
| 2017 | $502,000 | $557,000 |
| 2018 | $532,000 | $588,000 |
| 2019 | $582,000 | $608,000 |
| 2020 | $600,000 | $616,000 |
| 2021 | $668,000 | $656,000 |
| 2022 | $769,000 | $761,000 |
| 2023 | $866,000 | $831,000 |
| 2024 | $913,000 | $835,000 |
| 2025 | $945,000 | $846,000 |
| 2026 | $939,000 | $830,000 |
| August 2026 | $954,000 | $833,000 |
Kapaa and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Kapaa | $954K | +2.4% | $2,510 | $89,477 |
| Wailua Homesteads | — | −0.8%† | $2,510 | $89,717 |
| Wailua | — | −0.8%† | $2,510 | $69,167 |
† FHFA price index change, where Zillow has no home value for the town.
10.7 years of income
The typical Kapaa home costs about 10.7 years of the town's median household income, more than across Hawaii (8.3 years).
How Kapaa ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $2,510
HUD's Fair Market Rent for a two-bedroom in Kapaa is $2,510 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Kapaa pay a median of $2,020, so moving in tends to cost more than staying put. A two-bedroom takes about 34% of the town's median household income, above the 30% guideline for affordable housing.
Studio $1,900 · 4 bedrooms $3,420
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (96746; Kauai County, HI), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.