The Oahu real estate market is off to a mixed start this year, with moderate increases in home and condo sales in January, along with modest rises in median prices. However, other market indicators, like growing months of supply and declining competitive bid-ups, point to softer conditions. Despite these factors, Locations anticipates steady growth in home sales and prices in 2025, particularly if mortgage rates drop to the mid-sixes in the coming months as expected.

Think you can't find a single-family home on Oahu for less than $600,000? Think again! While the island-wide single-family home median price was more than $1million in December 2024, it's still possible to find a home for less than $600,000—if buyers are willing to be flexible when it comes to location and condition of the home.