Wailua, HI housing market
Homes typically sell in 95 days, below asking.
Home values, sales, trends and how Wailua compares with the towns next door — updated as new data is published.
Wailua at a glance
A seller's market
Supply is tight — about 2.5 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Home prices up 48% in 5 years
The federal house price index for the ZIP code around Wailua rose 48% over the past 5 years, about the same as across Hawaii. Last year prices fell 0.8%. Carrying the Census median home value forward with that index puts the typical Wailua home at roughly $1,264,000 today.
Show as a table
| Year | Change that year | Since 2000 | Hawaii since 2000 |
|---|---|---|---|
| 2025 | −0.8% | +323% | +276% |
| 2024 | +5% | +327% | +265% |
| 2023 | +9.2% | +306% | +253% |
| 2022 | +19% | +272% | +231% |
| 2021 | +9.3% | +213% | +178% |
| 2020 | +4.3% | +186% | +158% |
| 2019 | +3.7% | +175% | +157% |
| 2018 | +7.9% | +165% | +150% |
| 2017 | +5.2% | +146% | +139% |
| 2016 | +7% | +133% | +131% |
| 2015 | +6.5% | +118% | +117% |
| 2014 | +11% | +105% | +106% |
| 2013 | +8% | +85% | +91% |
| 2012 | +0.9% | +72% | +83% |
| 2011 | −7.8% | +70% | +81% |
| 2010 | −13% | +84% | +85% |
| 2009 | −12% | +113% | +93% |
| 2008 | −5.3% | +142% | +116% |
| 2007 | −1.1% | +156% | +124% |
| 2006 | +11% | +158% | +121% |
| 2005 | +26% | +132% | +92% |
| 2004 | +32% | +84% | +52% |
| 2003 | +18% | +40% | +26% |
| 2002 | +11% | +18% | +15% |
| 2001 | +6.5% | +6.6% | +7.6% |
| 2000 | — | — | — |
How Wailua ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 96746, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
Wailua and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Wailua | — | −0.8%† | $2,510 | $69,167 |
| Wailua Homesteads | — | −0.8%† | $2,510 | $89,717 |
| Kapaa | $954K | +2.4% | $2,510 | $89,477 |
† FHFA price index change, where Zillow has no home value for the town.
11.4 years of income
The typical Wailua home costs about 11.4 years of the town's median household income, more than across Hawaii (8.3 years).
How Wailua 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 Wailua is $2,510 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Wailua pay a median of $2,310. A two-bedroom takes about 44% 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. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.