The story of this market
The typical home in ZIP 96740 sells for about $950,000, or $460 per square foot.
Prices are down 4.3% from a year ago, which gives buyers more room to negotiate. Homes take about 127 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,081 a month.
ZIP 96740 — Kailua-Kona
The Kailua-Kona housing market is currently experiencing a cooling phase with declining prices and increased days on market. High inventory levels and a year-over-year price decrease suggest a shift toward a buyer-friendly environment. Several metrics, including specific rent and tax data, were not available at the ZIP level.
This area fits retirees, vacation-home buyers, and families seeking a coastal lifestyle, though high entry prices may challenge local workforce buyers.
Median prices moved down 4.3% year over year.
Homes spend a median of 127 days on market with 0.0 months of supply — a slower-moving market.
0% 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) · poverty 13.0% — a stable, low-distress profile.
ZCTA 96740, Hawaii County, HI
The area is a major hub for tourism and retail on the Big Island, with ongoing development in residential and commercial sectors.
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.
The area is primarily car-dependent, with Highway 19 serving as the main artery for travel along the Kona coast.
The area features extensive access to coastal parks, beaches, and snorkeling spots, alongside various golf courses and shopping centers in Kailua Village.
The rental market is influenced by high demand for long-term housing and significant short-term vacation rental activity.
The economy is heavily anchored by the tourism, hospitality, and retail sectors.
Transportation is primarily reliant on private vehicles, with limited public transit options available.
The Hawaii County Real Property Tax Division manages assessments based on annual market value updates.
Property insurance costs are elevated due to volcanic and tropical storm hazard exposure.
Data retrieved from US Census Bureau and GreatData.com.
- KBXtreme4.412.1 mi
- Flight of Aloha4.912.6 mi
- Kona Brewing Co.4.512.4 mi
- Four Seasons Resort Hualalai4.76.1 mi
- Papa Kona Restaurant & Bar4.312.7 mi
- Kona Sea Salt4.811.2 mi
- Hulihe‘e Palace4.512.5 mi
- Makalawena Beach4.78.1 mi
- Kona Farmers Market4.312.6 mi
- Kaloko-Honokōhau National Historical Park4.711.4 mi
- Kiholo Bay4.64.1 mi
- Kekaha Kai State Beach4.79.1 mi
- Puʻukoholā Heiau National Historic Site4.716.5 mi
- Hulihe‘e Palace4.512.5 mi
- Puakō Petroglyph Park4.411 mi
- Ali'i Gardens Marketplace4.413.8 mi
- Kamakahonu National Historic Landmark4.612.7 mi
- Kaloko-Honokōhau National Historical Park4.711.4 mi
- Kikaua Point Park4.86.4 mi
- Turtle Site of Kaloko-Honokōhau National Historical Park4.811.9 mi
- Kona Cloud Forest Sanctuary4.97.1 mi
- Puakō Petroglyph Park4.411 mi
- Keauhou Harbor4.716.9 mi
- Honokōhau Marina4.612 mi
- Kawaihae Harbor4.517.2 mi
- Mauna Lani Golf4.89.9 mi
- Makani Golf Club4.54.3 mi
- Waikoloa Beach Resort Golf4.38.6 mi
- Makalei Golf Club45.8 mi
- The Village Course at Waikōloa4.511.6 mi
- Safeway4.212.1 mi
- Queens' Marketplace4.48 mi
- Kona Farmers Market4.312.6 mi
- KTA Super Stores - Kailua-Kona4.412.2 mi
- KTA Super Stores - Waikoloa Village4.511.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The primary commercial and historic district of the town.
A popular local beach park known for its shifting sands.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
1 county-record distress flag(s) across 1 researched property on the ARED base layer. Key-figure check: median price corroborated by the researched-property base layer (within 12.5%).