Waimea, HI housing market
The typical Waimea home is worth about $1,024,000, up 3.5% in a year, 23% above the Hawaii typical home.
Home values, sales, trends and how Waimea compares with the towns next door — updated as new data is published.
Waimea at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Waimea | Hawaii |
|---|---|---|
| 2017 | $561,000 | $557,000 |
| 2018 | $615,000 | $588,000 |
| 2019 | $644,000 | $608,000 |
| 2020 | $669,000 | $616,000 |
| 2021 | $735,000 | $656,000 |
| 2022 | $933,000 | $761,000 |
| 2023 | $1,002,000 | $831,000 |
| 2024 | $971,000 | $835,000 |
| 2025 | $996,000 | $846,000 |
| 2026 | $1,013,000 | $830,000 |
| August 2026 | $1,024,000 | $833,000 |
10.2 years of income
The typical Waimea home costs about 10.2 years of the town's median household income, more than across Hawaii (8.3 years).
How Waimea 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 $3,070
HUD's Fair Market Rent for a two-bedroom in Waimea is $3,070 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Waimea pay a median of $1,867, so moving in tends to cost more than staying put. A two-bedroom takes about 37% of the town's median household income, above the 30% guideline for affordable housing.
Studio $2,350 · 4 bedrooms $4,470
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (96743; Hawaii 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.