Zillow Home Value Index (ZHVI) for All Homes Including Single-Family Residences, Condos, and CO-OPs in Hawaii

HIUCSFRCONDOSMSAMID • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

831,289.02

Year-over-Year Change

-2.50%

Date Range

1/1/2000 - 7/1/2025

Summary

The Zillow Home Value Index (ZHVI) for All Homes in Hawaii tracks the median market value of residential properties across the state. This broad metric is a key indicator of housing market trends and affordability for economists and policymakers.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The ZHVI aggregates Zillow's proprietary estimate of home values for single-family residences, condos, and co-ops in Hawaii. It provides a comprehensive view of the state's housing market and is widely used to analyze price movements, affordability, and real estate investment conditions.

Methodology

The ZHVI is calculated using Zillow's automated valuation model based on public records data and user-submitted home details.

Historical Context

Trends in the ZHVI are closely monitored by real estate professionals, financial institutions, and government agencies to assess the health of Hawaii's housing market and broader economic conditions.

Key Facts

  • Hawaii has the highest median home value of any U.S. state.
  • The ZHVI for Hawaii reached a record high in 2022.
  • Home prices in Hawaii have risen over 50% in the past decade.

FAQs

Q: What does this economic trend measure?

A: The Zillow Home Value Index (ZHVI) for All Homes in Hawaii tracks the median estimated market value of residential properties, including single-family homes, condos, and co-ops, across the state.

Q: Why is this trend relevant for users or analysts?

A: The ZHVI is a widely used metric for monitoring housing market conditions, affordability, and real estate investment opportunities in Hawaii.

Q: How is this data collected or calculated?

A: The ZHVI is calculated using Zillow's automated valuation model based on public records data and user-submitted home details.

Q: How is this trend used in economic policy?

A: Trends in the ZHVI are closely tracked by real estate professionals, financial institutions, and government agencies to assess the health of Hawaii's housing market and broader economic conditions.

Q: Are there update delays or limitations?

A: The ZHVI data is updated monthly, with a typical 2-month delay in reporting to allow for the collection and processing of the underlying data.

Related Trends

Citation

U.S. Federal Reserve, Zillow Home Value Index (ZHVI) for All Homes Including Single-Family Residences, Condos, and CO-OPs in Hawaii (HIUCSFRCONDOSMSAMID), retrieved from FRED.