What to know before you move: cost, market timing, who it fits.
If you're considering a move to Kapaa, HI, the most important variables are the local housing market, the cost structure (taxes, insurance, utilities), and how well the city fits your day-to-day life. This page summarizes the housing market read; pair it with the cost of living page for the full picture.
Kapaa is a city in Kauai County, Hawaii, with an estimated population of 11,652. The median home value in Kapaa is $954,088 as of 2026-04, up 0.9% over the last 12 months. Over the last five years, home values have averaged +6.4% annual growth, with prices at or near the 5-year peak. The composite momentum score is 70 of 100 (Rising). The market is healthy with prices supported by underlying demand.
Quiet strength: prices near or at all-time highs (-1.2% from 5-year peak). Solid market for owner-occupiers; investors should underwrite conservatively given the elevated entry point.
Reasons people move here
- Healthy 5-year run: +6.4% annualized over 5 years, outpacing US inflation.
- Held the highs: currently -1.2% from the 5-year peak — this market refused to give back gains.
Things to know first
- Expensive AND not growing: median home $954,088 with only +0.9% YoY. You're paying premium pricing for a flat trend.
- Thin housing market: small population means fewer transactions and slower resale. Liquidity risk on exit.
More about Kapaa
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.