The club was founded on 12 April 1931, when 13 young boys got together in a local KFUM (Icelandic YMCA) house to form a new athletic club in the town. At the club's 3rd meeting, they decided that it would be named Knattspyrnufélagið Haukar.[1]
Haukar's home is Ásvellir which has a purpose-built arena for Handball and Basketball as well as a grass and artificial turf field
for the Football team.
On 8 October 2009, it was announced that Haukar would play home games in the Pepsi-Deildin at Valur's Vodafonevöllurinn for the next 3 seasons, to be reviewed at the end of each season.
At the same time it was announced that a stand with seating for 500 would be built at Haukar's artificial turf to meet with the regulations of the female Pepsi-Deildin.
In 2010, Haukar were promoted to the Úrvalsdeild karla for the first time in 31 years.[2] They finished second to last in the league during the 2010 season and were relegated back to 1. deild karla.[3]