About Waikiki
Nearly all Waikiki sales are condos. In the 12 months through September 2026 there were 777 condo sales, down 15% from the year before, at a median of $470,000.
Supply is high. Active condo listings rose 27% to 747, about 11.5 months of inventory, and the median condo took 55 days to sell.
What homes sell for
| Property type | Sales, Oct 2025–Sep 2026 | 12-month median |
|---|
| Condos | 777 | $470K |
Source: Locations Hawaii analysis of Oahu MLS sales for the 12 months through September 2026 (published October 5, 2026). Oahu figures are 12-month medians by MLS region, which are steadier than single-month numbers. Region boundaries don’t always match neighborhood names exactly.
Can you rent to visitors?
HousesNightly only in resort zonesOn Oahu, renting a house or condo for less than 30 days is illegal outside the resort districts (Waikiki’s resort precinct, Ko Olina and Turtle Bay) unless the property holds a nonconforming use certificate. The city’s 2022 ordinance (Ordinance 22-7) raised the residential minimum to 90 days. A federal court blocked that change for rentals of 30 to 89 days that were already lawfully operating, but anyone starting a rental now should plan on 90 days or more and confirm with the Department of Planning and Permitting.
CondosVaries by buildingIn our directory: 22 90+ days only · 21 reported allowed · 3 not confirmed. Visitor rental rules are set building by building by zoning and house rules. Our directory shows each building’s status. See the Oahu condo directory. Land, title and what to check
Waikiki is split into a resort mixed-use precinct and an apartment precinct. Nightly rentals are legal only in buildings where both zoning and house rules allow them, or with a nonconforming use certificate. Many Waikiki condos are limited to rentals of 90 days or more.
Some Honolulu condo units are leasehold rather than fee simple. Confirm the tenure, and the lease terms if any, before you compare prices.
Hazards, water and access
Most of Waikiki is low-lying and inside the tsunami evacuation zone. Check a building’s flood zone, and ask the association about its master insurance, before you buy.
Check any address for its FEMA flood zone, tsunami evacuation zone, sea level rise exposure, lava zone and wildfire risk with our Hawaii flood zone lookup.
Condo complexes in Waikiki
Units, year built and visitor rental status from our Oahu condo directory.
Sources: Locations Hawaii: Oahu residential market, September 2026; Title Guaranty Hawaii monthly Oahu sales reports; Honolulu Ordinance 22-7 court ruling (VRMA); City and County of Honolulu: FEMA flood map update; Skyline (Honolulu rail); DHHL Oahu lease awards, July 2026; HBR: Ordinance 25-44 tax tiers. Checked October 2026. This guide sticks to public facts about prices, rules, land and hazards. It doesn’t rate neighborhoods or describe who lives in them.