The story of this market
The typical home in ZIP 96704 sells for about $290,000, or $450 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,200 a month.
ZIP 96704 — Captain Cook
The housing market in 96704 remains stable with limited inventory and moderate price growth. Demand is driven by local residents and those seeking a rural lifestyle, though high insurance costs and geographic constraints continue to influence market activity. Figures for specific metrics like price cuts and months of supply are based on current portal listings.
This ZIP is best suited for those seeking a rural, agricultural lifestyle, including retirees and local families who work in the Kona region and value proximity to nature over urban convenience.
Median prices moved up 2.5% year over year.
Homes spend a median of 120 days on market with 12.5 months of supply — a slower-moving market.
15% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 11.5% — 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 3.7%/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 3.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 96704, Hawaii County, HI
Crime rates in the Captain Cook area are generally low compared to national averages, with property crime being the primary concern in rural Hawaii districts.
Schools serving the 96704 area are part of the Hawaii Department of Education, generally receiving moderate ratings with a focus on community-integrated learning.
The area faces significant natural hazard risks, including volcanic activity from Mauna Loa, high wind exposure, and potential for brush fires in dry leeward conditions.
Economic growth is primarily driven by agriculture, tourism, and local services, with limited large-scale industrial development due to geographic constraints.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Hawaii) — Real Property Tax: Tax is calculated by applying county-specific tax rates to the assessed value of the property. The formula is (Assessed Value - Exemptions) * Tax Rate. Exemptions include homestead exemptions for owner-occupants, which vary by county.
Commuting from 96704 typically involves long drives along Highway 11 toward Kailua-Kona, the primary employment hub for the region.
The area offers access to Kealakekua Bay for snorkeling and diving, numerous coffee farm tours, and proximity to Pu'uhonua o Hōnaunau National Historical Park.
The rental market is tight with high demand from local workers and a significant presence of short-term vacation rentals, which limits long-term housing availability.
The economy is anchored by the Kona coffee industry, tourism, and small-scale retail, with most professional employment located in nearby Kailua-Kona.
Public transit is limited to the Hele-On bus system, making personal vehicle ownership essential for most residents.
Development is strictly regulated by county zoning to preserve agricultural land and historical sites, limiting large-scale residential expansion.
The Hawaii County Real Property Tax Division manages assessments, which are updated annually based on market sales data.
Parcels are subject to Hawaii County property tax and state-level educational funding, with no private MUD/PID districts common in mainland states.
Property insurance premiums are high due to volcanic hazard zones and the risk of tropical storms, with many properties requiring specialized coverage.
Data retrieved from data.census.gov ZCTA-level tables.
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.
- Paleaku Gardens Peace Sanctuary4.814.8 mi
- Ho‘okena Beach Park4.610.6 mi
- Kula Kai Cavern4.712.8 mi
- Ala Kahakai National Historic Trail4.712.7 mi
- Honomalino Beach4.28.5 mi
- Manuka State Wayside4.19.9 mi
- Kona Coffee Living History Farm4.617.8 mi
- Paradise Meadows Orchard and Bee Farm, Home of Hawaii's Local Buzz4.816.9 mi
- Royal Kona Coffee Center4.514.8 mi
- Hikiau Heiau4.617.1 mi
- Pu'uhonua O Honaunau National Historical Park4.712.5 mi
- Ho‘okena Beach Park4.610.6 mi
- Ala Kahakai National Historic Trail4.712.7 mi
- Honomalino Beach4.28.5 mi
- Manuka State Wayside4.19.9 mi
- Pebbles Beach4.46.7 mi
- Pebbles Beach4.46.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A significant cultural and historical site featuring ancient temple structures.
Renowned for its marine life and snorkeling opportunities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.