The story of this market
The typical home in ZIP 96737 sells for about $288,000, or $278 per square foot.
Homes take about 114 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,081 a month.
ZIP 96737 — Ocean View
The housing market in 96737 is characterized by low-cost land and residential listings, with a median list price of $288,000. Market activity is slow, with high days on market and limited inventory turnover. The area's reliance on rural land sales and significant volcanic hazard risks contribute to a cautious market outlook.
This area is best suited for budget-conscious buyers, retirees, or those seeking rural, off-grid, or semi-rural lifestyles who are comfortable with long commutes and limited local services.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 114 days on market with 0.0 months of supply — a slower-moving market.
5% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
The area is subject to significant volcanic hazard risks due to its location on the slopes of Mauna Loa, which impacts property insurance availability and premiums.
Development is primarily characterized by rural residential expansion and land sales rather than major corporate or infrastructure projects.
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.
Residents typically face long commutes to major employment hubs in Kailua-Kona or Hilo, often exceeding an hour of driving time.
The area offers access to rugged volcanic landscapes, hiking trails, and proximity to Hawaii Volcanoes National Park, though local shopping and dining amenities are limited.
The rental market is limited, with a mix of long-term residential and potential short-term vacation rental activity; vacancy pressure is generally low due to limited housing stock.
The local economy is largely driven by tourism, agriculture, and small-scale service industries, with most major employment located in larger coastal towns.
Public transit is extremely limited; personal vehicle ownership is essential for all transportation needs.
There are no major large-scale commercial or infrastructure developments currently reported for this ZIP code.
The Hawaii County Real Property Tax Division assesses all real property based on fair market value.
Parcels are subject to Hawaii County property taxes and standard state-level utility and school district oversight.
Property insurance is difficult to obtain and expensive due to high volcanic hazard exposure in the region.
Hawaii is a non-judicial foreclosure state, allowing lenders to foreclose without court intervention under specific conditions.
Sellers are required to provide a written disclosure statement regarding the condition of the property to potential buyers.
Data sourced from local observer and income statistics; specific ACS tables not provided in search results.
- Kula Kai Cavern4.73.6 mi
- Hawaii Volcanoes National Park Kahuku Unit4.87.8 mi
- Honomalino Beach4.28.9 mi
- Manuka State Wayside4.12.8 mi
- Manukā Nature Trail4.22.8 mi
- Hawaii Volcanoes National Park Kahuku Unit4.87.8 mi
- Honomalino Beach4.28.9 mi
- Manuka State Wayside4.12.8 mi
- Manukā Nature Trail4.22.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional attraction featuring volcanic craters and hiking trails.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.