The Big Island real estate market showed mixed performance in March 2026 compared to March 2025, with notable variations across regions and property types. In South Kohala, residential home prices increased by 11.37 percent, rising to $1,435,000, while the condominium market saw a significant surge of 114.04 percent, reaching $1,540,000. In contrast, vacant land sales declined sharply by 42.04 percent. Meanwhile, North Kona experienced a decrease in residential prices of 18.03 percent and a slight dip in condominium values by 7.25 percent, but vacant land sales spiked dramatically by 709.03 percent, reflecting strong demand in that segment.

Year to date trends further highlight shifting market dynamics. South Kohala saw declines in both residential prices, down 10.26 percent, and vacant land, which dropped significantly by 67.97 percent, while condominiums continued to perform well with a 35.08 percent increase. In North Kona, all major property types showed modest declines year to date, with residential prices down 7.89 percent, vacant land decreasing by 32.12 percent, and condominiums slipping by 7.74 percent. Overall, the market reflects a divergence in demand, with condominium growth in South Kohala and a standout surge in North Kona land sales shaping the current landscape.