The story of this market
The typical home in ZIP 96701 sells for about $464,000, or $538 per square foot.
Prices are down 3% from a year ago, which gives buyers more room to negotiate. Homes take about 95 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,976 a month.
ZIP 96701 — Aiea
The 96701 housing market represents a well-established Central Oahu submarket characterized by steady demand and limited single-family supply. While higher interest rates have moderated overall transaction velocity, the ZIP code's proximity to military bases, major hospitals, and transit infrastructure continues to support firm valuation floors across condominiums and detached homes.
Aiea is ideally suited for military households, healthcare workers, and multi-generational island families who desire a central Oahu location with swift access to Pearl Harbor, major medical facilities, and premier shopping. Condominium buyers and downsizers benefit from diverse entry-level options around Pearlridge, while ridge single-family buyers seek expansive harbor vistas.
Median prices moved down 3.0% year over year.
Homes spend a median of 95 days on market with 4.5 months of supply — a balanced-paced market.
18% of listings have cut prices · homes sell at 98.4% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 6.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 96701, Honolulu County HI
Aiea maintains property and violent crime rates that track well below national baselines and slightly favorable compared to urban core Honolulu. Most police reports involve property and vehicular crimes clustered around heavy commercial corridors such as Pearlridge Center rather than hillside residential tracts.
The area is served by the Hawaii Department of Education Central Oahu District (Aiea Complex), anchored by Aiea High School, Aiea Intermediate, and several neighborhood elementary schools. These campuses generally post moderate-to-solid proficiency levels and offer strong community-rooted athletic and academic programs.
Coastal areas near Pearl Harbor carry sea level and localized flood risks, while upper hillside ridges can experience heavy rainfall runoff. The region carries modest wind exposure from tropical storms, and property owners face elevated hurricane deductible requirements alongside tightening master-policy conditions for condominium properties.
Growth momentum is heavily anchored by the Skyline light rail network expansion operating through the Aloha Stadium and Pearlridge stations, along with the massive New Aloha Stadium Entertainment District (NASED) redevelopment initiative. Proximity to Joint Base Pearl Harbor-Hickam and major medical providers continues to drive steady employment.
Parcels are subject to City and County of Honolulu real property tax with a base Residential A tier structure (Class 1 owner-occupied primary rate starting at approximately $3.50 per $1,000 net assessed value). Significant owner-occupant exemptions apply ($120,000 to $160,000 depending on homeowner age), keeping effective rates among the lowest in the nation.
Commuters access Downtown Honolulu and Joint Base Pearl Harbor-Hickam via Interstate H-1, Moanalua Freeway (Route 78), and Kamehameha Highway, with typical drive times of 15 to 30 minutes outside peak congestion. The Skyline rail line provides rapid grade-separated transit connecting Pearlridge to Kapolei and Halawa.
Residents have immediate access to Pearlridge Center (Hawaii's second-largest shopping mall), the Pearl Country Club golf course, Keaiwa Heiau State Recreation Area, and the popular Aiea Loop Trail offering panoramic ridge hikes.
The rental landscape exhibits tight fundamentals driven by steady demand from military personnel, medical workers, and service staff. Asking rents average around $3,000 per month across single-family and multi-family units, with strict county limits on transient vacation rentals keeping inventory focused on long-term residents.
Aiea's economy is underpinned by defense operations at adjacent Joint Base Pearl Harbor-Hickam, healthcare services centered at Pali Momi Medical Center, and regional retail employment through Pearlridge Center and surrounding auto malls.
Aiea sits at the vital highway crossroads of H-1, H-201 (Moanalua Freeway), and H-3, complemented by the City's TheBus network and the high-capacity elevated Skyline rail line connecting Halawa/Kalauao westward.
Long-term planning focuses on Transit-Oriented Development (TOD) overlays around the Kalauao and Halawa Skyline stations, prioritizing higher-density residential and pedestrian-friendly commercial spaces alongside the NASED stadium rebuild.
Parcels lie strictly within the unified municipal jurisdiction of the City and County of Honolulu, without overlapping continental-style MUD or independent school taxation levies.
Hawaii maintains some of the nation's lowest baseline homeowner policy premiums, though aging condominium associations across Pearlridge face stiff increases in master-policy deductibles, hurricane perils, and roof reserves.
Data retrieved from U.S. Census Bureau ACS 5-Year Estimates DP02, DP03, DP04, and DP05 for ZCTA 96701.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Kualoa Ranch4.79.8 mi
- Sea Life Park Hawaii4.116.7 mi
- Wet 'n' Wild Hawaii4.111.9 mi
- Wai Kai4.310 mi
- Coral Crater Adventure Park4.910.8 mi
- Polynesian Cultural Center4.717.5 mi
- Hawaii Convention Center4.48.3 mi
- Aloha Stadium Swap Meet4.51.7 mi
- Sea Life Park Hawaii4.116.7 mi
- Barefoot Beach Cafe @ Queen's Surf Beach4.410 mi
- Kualoa Ranch4.79.8 mi
- Dole Plantation4.212.6 mi
- Hoʻomaluhia Botanical Garden4.76.9 mi
- Pearl Harbor National Memorial4.82.3 mi
- Honolulu Zoo4.29.9 mi
- Polynesian Cultural Center4.717.5 mi
- Pearl Harbor National Memorial4.82.3 mi
- Pearl Harbor Historic Sites Visitor Center4.72.3 mi
- Iolani Palace4.66.5 mi
- Bishop Museum4.64.5 mi
- Kualoa Ranch4.79.8 mi
- Hoʻomaluhia Botanical Garden4.76.9 mi
- Pearl Harbor National Memorial4.82.3 mi
- Diamond Head Crater Trailhead4.710.9 mi
- Tantalus Lookout - Puu Ualakaa State Park4.87.6 mi
- Kewalo Basin Harbor4.57.4 mi
- Ko Olina Resort4.614.1 mi
- He'eia Kea Boat Harbor4.57.6 mi
- Waiʻanae Small Boat Harbor4.418.9 mi
- Ala Wai Boat Harbor4.18.4 mi
- Pearl At Kalauao4.31.7 mi
- Hawaii Prince Golf Club4.37.5 mi
- Royal Hawaiian Golf Club4.29.9 mi
- Kapolei Golf Club4.310.1 mi
- Bayview Golf Course4.28 mi
- Ala Moana Center4.57.9 mi
- Waikele Premium Outlets4.26.3 mi
- International Market Place4.49.3 mi
- Foodland Farms Ala Moana4.57.7 mi
- Pearlridge Center4.32 mi
- Daniel K. Inouye International Airport3.94.8 mi
- Blue Hawaiian Helicopters4.94.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The second-largest indoor shopping center in Hawaii, featuring over 170 stores, restaurants, a monorail system, and Skyline light rail connectivity.
A 384-acre state park containing historic heiau temple remains, camping facilities, and the trailhead for the 4.8-mile Aiea Loop Trail.
An 18-hole championship public golf course set along the Ko'olau slopes with scenic vistas across Pearl Harbor.
Long-standing event venue hosting the Aloha Stadium Swap Meet & Marketplace, anchoring the upcoming NASED revitalization project.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.