Urban Honolulu, HI (Metro) - Trend of Market Heat Index for All Homes (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Market Heat Index for All Homes in the Urban Honolulu, HI Metro in February 2026 was 49. The month over month percentage change (MoM) was 4.26%, and the year over year percentage change (YoY) was -10.91%.

The chart below shows the trend of the market heat index for the Urban Honolulu, HI metro. The table below shows the trend of the market heat index, and the MoM and YoY percentage changes for the Urban Honolulu, HI metro.

You can see similar information for other US metros, and for the United States.

Note: The Market Heat Index is a time series that captures the balance of for-sale supply and demand in a given market. A higher number means the market is more tilted in favor of sellers. It relies on a combination of engagement and listing performance inputs to provide insights into current market dynamics. It is calculated for single-family and condo homes.

Data Source: Zillow.
Urban Honolulu, HI (Metro) - Trend of Market Heat Index for All Homes
Urban Honolulu, HI (Metro) - Trend of Market Heat Index for All Homes
1 – 10 of 98
Month Market Heat Index MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2018 49 NaN NaN
Feb 2018 53 8.16 NaN
Mar 2018 57 7.55 NaN
Apr 2018 59 3.51 NaN
May 2018 61 3.39 NaN
Jun 2018 64 4.92 NaN
Jul 2018 64 0.00 NaN
Aug 2018 59 -7.81 NaN
Sep 2018 56 -5.08 NaN
Oct 2018 51 -8.93 NaN
Nov 2018 49 -3.92 NaN
Dec 2018 50 2.04 NaN
Jan 2019 59 18.00 20.41
Feb 2019 64 8.48 20.76
Mar 2019 59 -7.81 3.51
Apr 2019 49 -16.95 -16.95
May 2019 47 -4.08 -22.95
Jun 2019 55 17.02 -14.06
Jul 2019 56 1.82 -12.50
Aug 2019 65 16.07 10.17
Sep 2019 64 -1.54 14.29
Oct 2019 60 -6.25 17.65
Nov 2019 51 -15.00 4.08
Dec 2019 57 11.77 14.00
Jan 2020 56 -1.75 -5.08
Feb 2020 55 -1.79 -14.06
Mar 2020 58 5.46 -1.69
Apr 2020 71 22.41 44.90
May 2020 75 5.63 59.57
Jun 2020 73 -2.67 32.73
Jul 2020 70 -4.11 25.00
Aug 2020 68 -2.86 4.62
Sep 2020 66 -2.94 3.13
Oct 2020 60 -9.09 0.00
Nov 2020 71 18.33 39.22
Dec 2020 75 5.63 31.58
Jan 2021 82 9.33 46.43
Feb 2021 82 0.00 49.09
Mar 2021 89 8.54 53.45
Apr 2021 85 -4.49 19.72
May 2021 84 -1.18 12.00
Jun 2021 86 2.38 17.81
Jul 2021 87 1.16 24.29
Aug 2021 87 0.00 27.94
Sep 2021 82 -5.75 24.24
Oct 2021 78 -4.88 30.00
Nov 2021 77 -1.28 8.45
Dec 2021 86 11.69 14.67
Jan 2022 92 6.98 12.20
Feb 2022 95 3.26 15.85
Mar 2022 91 -4.21 2.25
Apr 2022 88 -3.30 3.53
May 2022 82 -6.82 -2.38
Jun 2022 77 -6.10 -10.46
Jul 2022 72 -6.49 -17.24
Aug 2022 65 -9.72 -25.29
Sep 2022 61 -6.15 -25.61
Oct 2022 56 -8.20 -28.20
Nov 2022 57 1.79 -25.97
Dec 2022 60 5.26 -30.23
Jan 2023 61 1.67 -33.70
Feb 2023 62 1.64 -34.74
Mar 2023 67 8.07 -26.37
Apr 2023 74 10.45 -15.91
May 2023 73 -1.35 -10.98
Jun 2023 71 -2.74 -7.79
Jul 2023 69 -2.82 -4.17
Aug 2023 66 -4.35 1.54
Sep 2023 59 -10.61 -3.28
Oct 2023 53 -10.17 -5.36
Nov 2023 51 -3.77 -10.53
Dec 2023 55 7.84 -8.33
Jan 2024 59 7.27 -3.28
Feb 2024 62 5.09 0.00
Mar 2024 60 -3.23 -10.45
Apr 2024 56 -6.67 -24.32
May 2024 54 -3.57 -26.03
Jun 2024 55 1.85 -22.53
Jul 2024 52 -5.45 -24.64
Aug 2024 51 -1.92 -22.73
Sep 2024 49 -3.92 -16.95
Oct 2024 47 -4.08 -11.32
Nov 2024 51 8.51 0.00
Dec 2024 61 19.61 10.91
Jan 2025 62 1.64 5.09
Feb 2025 55 -11.29 -11.29
Mar 2025 50 -9.09 -16.67
Apr 2025 49 -2.00 -12.50
May 2025 47 -4.08 -12.96
Jun 2025 44 -6.38 -20.00
Jul 2025 45 2.27 -13.46
Aug 2025 45 0.00 -11.76
Sep 2025 44 -2.22 -10.20
Oct 2025 43 -2.27 -8.51
Nov 2025 42 -2.33 -17.65
Dec 2025 44 4.76 -27.87
Jan 2026 47 6.82 -24.19
Feb 2026 49 4.26 -10.91