Whether you're relocating to Hawaii, buying your first home, or investing in Oahu real estate, you probably have a lot of questions. At Kristy & Austin Home Group, we work with buyers every day who are navigating the unique Hawaii real estate market. Here are answers to the most common questions we receive.

Do I need to live in Hawaii to buy property on Oahu?

No, you do not need to be a Hawaii resident to purchase property on Oahu. Out-of-state and international buyers regularly purchase homes and condos on the island. However, non-residents should be aware of potential differences in financing requirements and should work with a local real estate agent who understands the nuances of buying remotely.

What is the average home price on Oahu?

Oahu home prices vary significantly by neighborhood. Median single-family home prices on Oahu typically range from around $500,000 in more affordable areas like Wahiawa to well over $1 million in premium neighborhoods like Kailua, Honolulu, and the North Shore. Condos and townhomes generally start at lower price points and offer an accessible entry into the market.

What are the best neighborhoods on Oahu for families?

The best family neighborhoods on Oahu include Mililani (known for its strong school system and master-planned amenities), Kailua (excellent schools and beach lifestyle), Ewa Beach (newer construction and growing community), Pearl City (central location and established neighborhoods), and Kapolei (modern developments with family-friendly parks). Each offers unique advantages depending on your priorities.

How long does it take to buy a home in Hawaii?

The typical home purchase timeline on Oahu is 30 to 60 days from accepted offer to closing. However, the entire process from initial search to closing can take several months, depending on inventory, your financing situation, and market conditions. Getting pre-approved for a mortgage before you begin your search can significantly speed up the process.

What are closing costs like in Hawaii?

Buyers in Hawaii can expect to pay approximately 2% to 5% of the purchase price in closing costs. These may include lender fees, title insurance, escrow fees, property taxes, and homeowner association transfer fees. Your real estate agent and lender can provide a detailed estimate based on your specific transaction.

Is Oahu a good place for real estate investment?

Oahu has historically been a strong real estate investment market due to limited land supply, consistent demand from both local and mainland buyers, a robust military presence, and the tourism economy. Rental properties in popular areas often generate solid returns, though investors should carefully analyze property taxes, HOA fees, and short-term rental regulations before purchasing.

What should I know about HOA fees on Oahu?

Many Oahu condominiums and some townhome communities have homeowner association fees that cover maintenance, insurance, amenities, and reserves. HOA fees on Oahu can range from a few hundred dollars to over $1,000 per month depending on the property and amenities. It is essential to review the HOA's financial health, reserve study, and rules before purchasing.

How can Kristy & Austin Home Group help me buy a home on Oahu?

Kristy & Austin Home Group provides personalized guidance through every step of the Oahu home buying process. From neighborhood selection and market analysis to negotiations and closing, we leverage our deep local knowledge and relationships to help you find the right property at the right price. Contact us today to schedule a consultation and start your Oahu home search.