Oahu Real Estate in September 2026: Homes Sell Fast, Condos Give Buyers Room
This is the first Island Report from Hawaii Elite Real Estate. Each month we pull the latest sales numbers for Oahu, add the handful of things that actually changed, and point you to the tools on our site that help with them.
Oahu in September looked like two different markets. Houses are still competitive. Condos are where buyers have options.
Oahu, September 2026 vs. September 2025
| Measure | September 2026 | vs. last year |
|---|---|---|
| Single-family median | $1,110,000 | −3.9% |
| Single-family sales | 293 | +6.2% |
| Single-family days on market | 16 | was 26 |
| Condo median | $523,000 | +2.8% |
| Condo sales | 375 | −8.1% |
| Active condo listings | 2,509 | +7.8% |
What the numbers say
The September single-family median of $1.11 million was the lowest month of the year, but that's one month. Year to date the median is $1,180,000, up 3.1%. Homes went under contract in a median of 16 days, and 31% sold over asking. The busiest price band was $900,000 to $999,999, where sales were up more than 60%.
Condos went the other way: fewer sales, more listings. There were 2,509 active condo listings at the end of the month, and nearly half were priced under $500,000. If you're buying a condo, you have time to look and room to negotiate.
The condo cost nobody lists
A lot of the condo softness comes from what it costs to own, not the price. Master insurance premiums have climbed sharply for older buildings, and Honolulu high-rises without sprinklers face retrofit costs that often get passed to owners as special assessments.
Before you make an offer, ask for the association's budget, reserve study, recent board minutes and any pending assessments, and get your own insurance quote. A low price on a building with a big assessment coming isn't a deal.
Mortgage rates
The 30-year fixed averaged 7.32% in Freddie Mac's October 22 survey, a little off the 2026 high of 7.40% but well above the 6.19% of a year ago. VA and FHA loans usually price somewhat lower, which matters on Oahu with so many military buyers.
Tools on this site
Oahu condo buying guideFees, insurance, reserves and the buildings worth a closer look.
Military housing in HawaiiBAH by grade, home prices near every base, and VA loans here.
Hawaii condo directoryVacation rental rules, HOA fees, size and age for 500+ buildings.
Buying or selling on Oahu? Call or text 808-866-6593, or start here: I’m buying · I’m selling
Sources: Star-Advertiser: Oahu single-family home price weakened in September · List Sotheby's: Oahu market report, September 2026 · Freddie Mac PMMS, Oct. 22, 2026
More issues: the Island Report archive.