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Where are Central Oahu home prices heading?
By Tony Kawaguchi, REALTOR (RS-66616), The Kawaguchi Group, eXp Realty (RB-21841). Selling in Hawaii since 2005. Updated November 12, 2026.
Up modestly in the Mililani and Wahiawa half, roughly flat in the Waipahu and Royal Kunia half. The Honolulu Board of REALTORS' MLS Central Region (Mililani, Mililani Mauka, Launani Valley, Waipio Acres, Wahiawa and Whitmore) had a January–September 2026 single-family median of $1,040,000 on 183 sales, up 5.1% from $990,000. The Waipahu Region (Waipahu, Waikele, Village Park, Royal Kunia, Waipio Gentry and Koa Ridge) came in at $962,000 on 127 sales, up 1.3%. In September 2026 alone, the medians were $989,000 (21 sales) and $949,500 (23 sales). Condo and townhome nine-month medians were $515,000 in the Central Region and $490,000 in the Waipahu Region. The Board's October area report had not been released when I updated this page. Island-wide, the Oahu single-family median in October 2026 was $1,150,000.
This page treats Central Oahu as both of those MLS regions together, from Waipahu up to Wahiawa. Royal Kunia is included here rather than on its own page, because it has too few sales for a stand-alone report (see below). Wahiawa also has its own Wahiawa market report.
| Central Region (Mililani–Wahiawa) | Waipahu Region (incl. Royal Kunia) | |
|---|---|---|
| Single-family, September median (sales) | $989,000 (21) | $949,500 (23) |
| Single-family, Jan–Sep median (sales) | $1,040,000 (183) | $962,000 (127) |
| Condo/townhome, September median (sales) | $535,000 (25) | $500,125 (18) |
| Condo/townhome, Jan–Sep median (sales) | $515,000 (208) | $490,000 (131) |
How fast it's moving
The Board publishes pace and inventory by tax map area. Two cover most of Central Oahu. In Mililani (selected TMK 1-9-4 to 1-9-5), single-family homes sold in a nine-month median of 10 days at 100.0% of the original list price, but active listings rose to 25 from 16, up 56%. In Waipahu (TMK 1-9-4, which includes Waikele, Village Park and Royal Kunia), the nine-month median was 12 days, also at 100.0% of list, and active listings fell to 26 from 31. Waipahu's condo inventory dropped the most, to 38 from 62, down 39%.
Royal Kunia, folded in
Royal Kunia had 15 single-family resales from January through September 2026, at a $1,115,000 median, up 14.4% from $975,000. It had 2 single-family sales in September, at $1,055,000. Condo and townhome resales were just 4 for the nine months, at $533,000. That is too thin for a reliable market chart of its own, so Royal Kunia shares this page with its neighbors. My Royal Kunia guide covers the neighborhood.
Neighborhood medians, January–September 2026
Single-family (MLS names): Mililani Area, 88 sales at $1,082,500; Mililani Mauka, 33 at $1,490,000; Launani Valley, 8 at $857,500; Waipio Acres/Waikalani Woodlands, 8 at $1,025,000; Village Park, 20 at $917,500; Waikele, 16 at $1,047,500; Koa Ridge, 8 at $1,347,500; Waipio Gentry, 15 at $962,000; and Waipahu-Lower, 21 at $860,000. Condos and townhomes: Mililani Area, 69 at $549,000; Mililani Mauka, 54 at $577,500; Launani Valley, 27 at $518,000; Waipio Acres/Waikalani Woodlands, 41 at $388,000; Waikele, 49 at $545,000; and Waipio Gentry, 49 at $460,000.
More guides: Mililani, Waipio, Pearl City next door, and new construction in Central Oahu (builder sales such as new Koa Ridge homes are not in the Board's resale figures).
Buyer takeaways
Houses here are going in a nine-month median of 10 to 12 days, at full price. If you want a house, line up financing first and be ready to write an offer after one visit. Mililani now has more houses for sale than a year ago, which gives you a little more choice there. Condos and townhomes are where the budget stretches furthest: Waipio Acres/Waikalani Woodlands sold at a $388,000 nine-month median and Waipio Gentry at $460,000.
Seller takeaways
Prices are holding, and full-price sales are still the norm for houses. In Mililani, though, listings are up 56% from a year ago, so you are competing with more homes than last year. Present the home well and price it from your own neighborhood's resales; Mililani Mauka's nine-month median ($1,490,000) is far above Launani Valley's ($857,500). In Waipahu and Royal Kunia, lower inventory is on your side. For a pricing review, call (808) 201-3577.
Related reports: Wahiawa, Ewa Beach, Kapolei and the North Shore. In town: Honolulu. All reports: market report hub and Oahu.
Central Oahu housing market FAQ
What is the median home price in Central Oahu?
For January through September 2026, the Honolulu Board of REALTORS reported a single-family median of $1,040,000 on 183 sales in the MLS Central Region (Mililani to Wahiawa) and $962,000 on 127 sales in the Waipahu Region, which includes Royal Kunia, Waikele and Village Park. October area figures had not been released yet.
How much do condos and townhomes cost in Central Oahu?
Nine-month condo and townhome medians were $515,000 in the Central Region (208 sales) and $490,000 in the Waipahu Region (131 sales). Mililani Mauka condos sold at a $577,500 median and Waikele condos at $545,000.
What are homes selling for in Royal Kunia?
Royal Kunia had 15 single-family resales from January through September 2026 at a $1,115,000 median, up 14.4% from $975,000, and 4 condo or townhome resales at a $533,000 median, per the Board's MLS neighborhood summary.
Why doesn't Royal Kunia have its own market report?
It has too few resales for meaningful monthly charts: 15 single-family and 4 condo sales in the first nine months of 2026. It is included on this Central Oahu page, and the Royal Kunia neighborhood guide stays at its own address.
How fast are Central Oahu homes selling?
Quickly. For January through September 2026, single-family homes in the Board's Mililani area sold in a median of 10 days and in the Waipahu area in 12 days, both at a median 100.0% of original list price.
Is inventory rising in Central Oahu?
In Mililani, yes: 25 active single-family listings at the end of September 2026, up 56% from 16. In the Waipahu area it fell, to 26 single-family listings from 31 and to 38 condo listings from 62.
Does the Central Oahu report include Mililani and Wahiawa?
Yes. The written figures cover the Board's MLS Central Region, which includes Mililani, Mililani Mauka, Wahiawa and Waipio Acres, plus the Waipahu Region. Wahiawa also has its own report.
Sources
- Honolulu Board of REALTORS, Oahu Local Market Update, September 2026 (dated October 15, 2026), residential resales compiled from HiCentral MLS. This is the Board's most recent area-level report; the October 2026 edition had not been released when this page was updated. Board market reports are indexed at hicentral.com/market-press-releases.php.
- Honolulu Board of REALTORS, Oʻahu Buyers Find Opportunity in October as Half of Condos Sell Under $500,000, November 6, 2026 (Oahu-wide October 2026 resales, compiled from HiCentral MLS; does not include new-home sales).
Tony Kawaguchi, REALTOR (RS-66616), The Kawaguchi Group, eXp Realty (RB-21841). Selling in Hawaii since 2005. Phone (808) 201-3577. This page is general information, not personalized financial, tax or legal advice; consult the appropriate licensed professional for your situation. Market statistics are deemed reliable but not guaranteed and can be revised as late sales are reported.