Kailua Kona, HI housing market
Typical home value
$878K
▼ 0.1% 1 yr
Typical rent
$2,947/mo
▲ 16.4% 1 yr
Gross rent yield
4.0%
U.S. 6.3%
5-year home value change
+24%
U.S. +20%
Key takeaways
- 1The typical home in Kailua Kona is worth $877,833, down 0.1% over the past year and up 24% over five years.
- 2Typical rent is $2,947 a month (+16.4% YoY), a gross rent yield of 4.0% (below the Hilo, HI metro's 5.3%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $4,824/mo, $1,877 more than typical rent.
- 4Zillow forecasts the Hilo, HI metro's home values to change +0.2% over the next 12 months.
Market temperature (Hilo, HI metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 33/100, #394 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Kailua Kona compares
| Measure | Kailua Kona | Hilo, HI metro | United States |
|---|---|---|---|
| Typical home value | $877,833 | $574,746 | $366,157 |
| Home value, 1-yr change | −0.1% | +1.8% | +1.2% |
| Typical rent | $2,947 | $2,562 | $1,932 |
| Rent, 1-yr change | +16.4% | +8.9% | +2.7% |
| Gross rent yield | 4.0% | 5.3% | 6.3% |
| Price-to-rent ratio | 24.8 | 18.7 | 15.8 |
| Mortgage P&I, typical home | $4,824 | $3,158 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Kailua Kona rental, pre-filled.
Rent vs buy in Kailua Kona
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $878K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.