diff --git a/homeassistant/components/homekit_controller/connection.py b/homeassistant/components/homekit_controller/connection.py
index 314db187b6a..6ef5917a0fb 100644
--- a/homeassistant/components/homekit_controller/connection.py
+++ b/homeassistant/components/homekit_controller/connection.py
@@ -22,11 +22,10 @@ from aiohomekit.model.services import Service, ServicesTypes
 from homeassistant.components.thread.dataset_store import async_get_preferred_dataset
 from homeassistant.config_entries import ConfigEntry
 from homeassistant.const import ATTR_VIA_DEVICE, EVENT_HOMEASSISTANT_STARTED
-from homeassistant.core import CoreState, Event, HomeAssistant, callback
+from homeassistant.core import CALLBACK_TYPE, CoreState, Event, HomeAssistant, callback
 from homeassistant.exceptions import HomeAssistantError
 from homeassistant.helpers import device_registry as dr, entity_registry as er
 from homeassistant.helpers.debounce import Debouncer
-from homeassistant.helpers.dispatcher import async_dispatcher_send
 from homeassistant.helpers.entity import DeviceInfo
 from homeassistant.helpers.event import async_track_time_interval
 
@@ -116,8 +115,6 @@ class HKDevice:
 
         self.available = False
 
-        self.signal_state_updated = "_".join((DOMAIN, self.unique_id, "state_updated"))
-
         self.pollable_characteristics: list[tuple[int, int]] = []
 
         # Never allow concurrent polling of the same accessory or bridge
@@ -138,6 +135,9 @@ class HKDevice:
             function=self.async_update,
         )
 
+        self._all_subscribers: set[CALLBACK_TYPE] = set()
+        self._subscriptions: dict[tuple[int, int], set[CALLBACK_TYPE]] = {}
+
     @property
     def entity_map(self) -> Accessories:
         """Return the accessories from the pairing."""
@@ -182,7 +182,8 @@ class HKDevice:
         if self.available == available:
             return
         self.available = available
-        async_dispatcher_send(self.hass, self.signal_state_updated)
+        for callback_ in self._all_subscribers:
+            callback_()
 
     async def _async_populate_ble_accessory_state(self, event: Event) -> None:
         """Populate the BLE accessory state without blocking startup.
@@ -768,7 +769,31 @@ class HKDevice:
 
         self.entity_map.process_changes(new_values_dict)
 
-        async_dispatcher_send(self.hass, self.signal_state_updated, new_values_dict)
+        to_callback: set[CALLBACK_TYPE] = set()
+        for aid_iid in new_values_dict:
+            if callbacks := self._subscriptions.get(aid_iid):
+                to_callback.update(callbacks)
+
+        for callback_ in to_callback:
+            callback_()
+
+    @callback
+    def async_subscribe(
+        self, characteristics: Iterable[tuple[int, int]], callback_: CALLBACK_TYPE
+    ) -> CALLBACK_TYPE:
+        """Add characteristics to the watch list."""
+        self._all_subscribers.add(callback_)
+        for aid_iid in characteristics:
+            self._subscriptions.setdefault(aid_iid, set()).add(callback_)
+
+        def _unsub():
+            self._all_subscribers.remove(callback_)
+            for aid_iid in characteristics:
+                self._subscriptions[aid_iid].remove(callback_)
+                if not self._subscriptions[aid_iid]:
+                    del self._subscriptions[aid_iid]
+
+        return _unsub
 
     async def get_characteristics(self, *args: Any, **kwargs: Any) -> dict[str, Any]:
         """Read latest state from homekit accessory."""
diff --git a/homeassistant/components/homekit_controller/entity.py b/homeassistant/components/homekit_controller/entity.py
index 5a687020eb6..f6aadfac7ac 100644
--- a/homeassistant/components/homekit_controller/entity.py
+++ b/homeassistant/components/homekit_controller/entity.py
@@ -11,8 +11,6 @@ from aiohomekit.model.characteristics import (
 )
 from aiohomekit.model.services import Service, ServicesTypes
 
-from homeassistant.core import callback
-from homeassistant.helpers.dispatcher import async_dispatcher_connect
 from homeassistant.helpers.entity import DeviceInfo, Entity
 from homeassistant.helpers.typing import ConfigType
 
@@ -53,23 +51,11 @@ class HomeKitEntity(Entity):
         """Return a Service model that this entity is attached to."""
         return self.accessory.services.iid(self._iid)
 
-    @callback
-    def _async_state_changed(
-        self, new_values_dict: dict[tuple[int, int], dict[str, Any]] | None = None
-    ) -> None:
-        """Handle when characteristics change value."""
-        if new_values_dict is None or self.all_characteristics.intersection(
-            new_values_dict
-        ):
-            self.async_write_ha_state()
-
     async def async_added_to_hass(self) -> None:
         """Entity added to hass."""
         self.async_on_remove(
-            async_dispatcher_connect(
-                self.hass,
-                self._accessory.signal_state_updated,
-                self._async_state_changed,
+            self._accessory.async_subscribe(
+                self.all_characteristics, self._async_write_ha_state
             )
         )