The typical owner-occupied home in Kaneohe is worth about $1,029,700, 23% above the Hawaii median of $839,100 and 3.1 times the national median of $332,700. Owners pay a median $3,009 a year in property taxes, about 0.29% of their home's value, higher than the Hawaii rate of 0.27%. The median household earns $125,613 a year, so the median home costs 8.2 times the median income (8.4 times for Hawaii). 76% of occupied homes here are lived in by their owners, and 61% of those owners still have a mortgage.
Kaneohe at a glance
| Kaneohe | Hawaii | U.S. | |
|---|---|---|---|
| Median home value | $1,029,700 | $839,100 | $332,700 |
| Median property tax paid per year | $3,009 | $2,239 | $3,119 |
| Property tax as a share of value | 0.29% | 0.27% | 0.94% |
| Median household income | $125,613 | $100,389 | $80,734 |
| Homes lived in by their owners | 76% | 63% | 65% |
| Owner homes with a mortgage | 61% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $3,398 | $2,904 | $1,963 |
| Those costs as a share of the owners' income | 25.4% | 25.7% | 21.0% |
| Median rent | $2,269 | $1,971 | $1,413 |
| Rent as a share of renters' income | 27.5% | 33.2% | 30.6% |
| Median year homes were built | 1973 | 1980 | 1980 |
| Vacant homes | 3.6% | 13.3% | 10.1% |
| Population | 37,355 | 1,445,235 | 334,922,499 |
What a typical home costs per month in Kaneohe
At this week's average 30-year rate of 7.11%, buying the median Kaneohe home of $1,029,700 with 20% down costs about $6,219 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $8,100, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $266,545 for the 20%-down payment. That payment is 59% of the median Kaneohe household income of $125,613; at that income and 20% down, the 28% guideline points to a home of about $485,000.
The median rent here is $2,269 a month, so owning the median home costs about $3,950 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $205,940 |
|---|---|
| Loan amount | $823,760 |
| Principal and interest | $5,541 |
| Property taxes (0.29% a year) | $249 |
| Homeowners insurance (our estimate, 0.5% a year) | $429 |
| PMI | $0 |
| Total per month | $6,219 |
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| Down payment | $36,040 |
|---|---|
| Loan amount | $1,011,050 |
| Principal and interest | $6,801 |
| Property taxes (0.29% a year) | $249 |
| Homeowners insurance (our estimate, 0.5% a year) | $429 |
| FHA mortgage insurance | $621 |
| Total per month | $8,100 |
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Questions about home buying in Kaneohe
What is the median home value in Kaneohe?
About $1,029,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Kaneohe?
Homeowners pay a median $3,009 a year, which is about 0.29% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Kaneohe?
For the median home with 20% down at 7.11%, the payment is about $6,219 a month. Keeping that under 28% of gross income takes about $266,545 a year.
More about Kaneohe
- Mortgage Refinance in Kaneohe
- Debt Relief in Kaneohe
- Home Equity Loans in Kaneohe
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data