Buying a home in Hawaii
Property taxes, transfer taxes, home values and first-time buyer help in Hawaii.
For home buyers in Hawaii: the taxes and typical costs of buying, with official sources.
At Hawaii's effective rate of 0.27%, a typical $832,932 home would owe about $2,249/year ($187/month) in property taxes. Actual bills depend on your county, city and exemptions. Run your numbers.
Hawaiʻi Housing Finance and Development Corporation
Your state housing finance agency offers down payment assistance and low-rate mortgages for eligible buyers. Visit Hawaiʻi Housing Finance and Development Corporation →
Next steps
Sources: U.S. Census Bureau ACS 2020–2024 5-year (B25103, B25077); Zillow Home Value Index; TallyClose closing-cost dataset (CC BY 4.0), which cites each state statute; NCSHA HFA directory. Last updated 2026-11-01.
Common questions
What is the property tax rate in Hawaii?
The effective property tax rate in Hawaii is 0.27%: the median tax of $2,239 divided by the median home value of $839,100 (U.S. Census Bureau ACS 2020–2024).
What is a typical home value in Hawaii?
$832,932 in September 2026, according to the Zillow Home Value Index.
Who offers first-time homebuyer help in Hawaii?
Hawaiʻi Housing Finance and Development Corporation, the state housing finance agency, offers down payment assistance and lower-rate loans for eligible buyers.
Updated . Official sources: U.S. Census Bureau ACS, Zillow Research ZHVI.
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