Here's your monthly snapshot of the Mililani real estate market for March 2026. Whether you're thinking about buying, selling, or just keeping tabs on your home's value, this report covers the key numbers and trends you need to know.
Mililani Market Snapshot — March 2026
| Metric | Value |
| Median Home Value | $868,324 |
| 1-Year Price Change | -0.5% |
| Median Listing Price | $546,500 |
| Price Per Sq Ft | $540 |
| Median Days to Pending | 29 days |
| Active Listings | ~157 homes |
| Median Rent | $2,875/month |
Data sourced from Zillow and Realtor.com as of February 2026.
What's Happening in Mililani Right Now?
Mililani's market has stabilized compared to the rapid appreciation of previous years. Home values have seen a slight dip of about 0.5% year-over-year, which is actually good news for buyers who have been waiting on the sidelines. Homes are still moving at a reasonable pace — about 29 days to pending — which tells us demand remains healthy without the frenzied bidding wars we saw in 2022-2023.
For Buyers
If you've been watching Mililani, now is a solid window. With prices leveling off and inventory around 157 active listings, you have more options than you did a year ago. VA buyers stationed at Schofield Barracks or Wheeler Army Airfield will find Mililani especially attractive — it's a short commute, top-rated schools, and a family-friendly community with two rec centers, pools, and parks.
For Sellers
Pricing your home right is more important than ever. The days of listing high and expecting multiple offers above asking are behind us for now. Well-priced, well-presented homes are still selling within a month, but overpriced listings are sitting. Talk to us about a strategic pricing and marketing plan that gets results.
For Investors
With median rent at $2,875/month, Mililani continues to offer solid rental demand driven by military families and local professionals. If you're considering a long-term hold, the combination of stable values and consistent rental income makes Mililani worth a close look.
Oahu-Wide Context
Across Oahu, the single-family home median price hit $1,140,000 in February 2026, showing steady resilience. Interest rates have come down to some of the lowest levels in the past three years, which is helping drive buyer activity. The condo market sits at a $500,000 median, up 1.2% year-over-year.
Mililani Neighborhood Highlights
- Schools: Mililani is zoned for top-performing schools including Mililani High School, Mililani Middle, and several well-regarded elementary schools.
- Lifestyle: Two recreation centers, community pools, walking trails, Mililani Town Center shopping, and easy access to both North Shore beaches and Honolulu.
- Commute: 25-35 minutes to downtown Honolulu, 10-15 minutes to Schofield Barracks and Wheeler AAF.
Frequently Asked Questions
What is the average home price in Mililani in 2026?
The average home value in Mililani is approximately $868,324 as of early 2026, with median listing prices around $546,500 depending on property type.
Is Mililani a good place to buy a home for military families?
Yes. Mililani is one of the most popular neighborhoods for military families on Oahu due to its proximity to Schofield Barracks and Wheeler Army Airfield, excellent schools, family-friendly amenities, and strong resale values. Our PCS to Schofield Barracks VA Home Buying Guide covers everything you need to know.
How long does it take to sell a home in Mililani?
Homes in Mililani are going to pending status in about 29 days on average, though well-priced properties can move faster.
Is the Mililani housing market going up or down?
Mililani has seen a slight 0.5% decrease in home values over the past year, indicating a stabilizing market after years of rapid growth. This is more of a leveling off than a significant decline.
Ready to buy or sell in Mililani? We live here, we raise our family here, and we know this market inside and out. Contact Kristy & Austin for a free consultation, or explore Mililani homes for sale.