diff --git a/homeassistant/components/homekit/manifest.json b/homeassistant/components/homekit/manifest.json
index 431de804023..137d5b90f84 100644
--- a/homeassistant/components/homekit/manifest.json
+++ b/homeassistant/components/homekit/manifest.json
@@ -9,7 +9,7 @@
   "iot_class": "local_push",
   "loggers": ["pyhap"],
   "requirements": [
-    "HAP-python==4.9.2",
+    "HAP-python==5.0.0",
     "fnv-hash-fast==1.5.0",
     "PyQRCode==1.2.1",
     "base36==0.1.1"
diff --git a/requirements_all.txt b/requirements_all.txt
index 834923f07d6..d0461e22cf0 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -16,7 +16,7 @@ Adax-local==0.1.5
 DoorBirdPy==3.0.8
 
 # homeassistant.components.homekit
-HAP-python==4.9.2
+HAP-python==5.0.0
 
 # homeassistant.components.tasmota
 HATasmota==0.10.0
diff --git a/requirements_test_all.txt b/requirements_test_all.txt
index cf2819237e5..10dfe99bf8e 100644
--- a/requirements_test_all.txt
+++ b/requirements_test_all.txt
@@ -16,7 +16,7 @@ Adax-local==0.1.5
 DoorBirdPy==3.0.8
 
 # homeassistant.components.homekit
-HAP-python==4.9.2
+HAP-python==5.0.0
 
 # homeassistant.components.tasmota
 HATasmota==0.10.0
diff --git a/script/hassfest/requirements.py b/script/hassfest/requirements.py
index ce5d1c78f60..f328f730616 100644
--- a/script/hassfest/requirements.py
+++ b/script/hassfest/requirements.py
@@ -164,7 +164,6 @@ FORBIDDEN_PACKAGE_EXCEPTIONS: dict[str, dict[str, set[str]]] = {
         # universal-silabs-flasher > zigpy > pyserial-asyncio
         "zigpy": {"pyserial-asyncio"},
     },
-    "homekit": {"hap-python": {"async-timeout"}},
     "homewizard": {"python-homewizard-energy": {"async-timeout"}},
     "imeon_inverter": {"imeon-inverter-api": {"async-timeout"}},
     "influxdb": {