The story of this market
The typical home in ZIP 96755 sells for about $650,000, or $450 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 85 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,850 a month.
ZIP 96755 — Kapaau
The Kapaau housing market remains stable with limited inventory and steady demand, reflecting its rural and isolated nature. Prices have seen modest year-over-year growth, though the market is best suited for long-term residents rather than speculative investors due to management intensity and geographic constraints.
This ZIP is best suited for local workers, retirees, and those seeking a rural, community-focused lifestyle, as the remote location and limited infrastructure may be challenging for traditional commuters.
Median prices moved up 2.5% year over year.
Homes spend a median of 85 days on market with 6.2 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 8.8% — 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 6.0%/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 6.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 96755, Hawaii County, HI
Crime rates in the Kapaau area remain relatively low compared to larger urban centers in Hawaii, with property crime being the primary concern reported by local law enforcement.
Public schools serving the 96755 area are part of the Hawaii Department of Education, generally reflecting the rural character of the North Kohala district with moderate performance ratings.
The region faces significant exposure to high winds and potential volcanic activity, necessitating robust property insurance coverage and adherence to strict building codes.
Economic momentum is driven by small-scale agriculture, tourism, and local services, with limited large-scale industrial development in the immediate vicinity.
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 Kapaau typically involves long drives along coastal highways to reach major employment hubs in Kailua-Kona or Waimea.
The area offers access to historic sites, coastal trails, and rural parks, with limited immediate access to large-scale shopping or entertainment venues.
The rental market is characterized by tight supply and high demand from local workers, with limited new inventory and a notable presence of long-term residential rentals.
The local economy is primarily supported by agriculture, small businesses, and tourism-related services, with a focus on maintaining the rural character of North Kohala.
Transportation is heavily reliant on private vehicles, with limited public transit options connecting the North Kohala district to the rest of the island.
Development is strictly managed to preserve the historical and agricultural integrity of the area, with minimal large-scale construction projects currently approved.
The Hawaii County Real Property Tax Division conducts annual assessments based on market value, with specific classifications for residential and agricultural land.
Parcels in this ZIP are subject to Hawaii County property taxes and state-level utility and school district funding structures.
Property insurance premiums are elevated due to the region's susceptibility to natural hazards, including high winds and volcanic risks.
Hawaii is a non-judicial foreclosure state, requiring specific notice periods and procedures for lenders to initiate the process.
Sellers are required to provide a comprehensive disclosure statement regarding the condition of the property, including any known material defects.
Data retrieved from Census Bureau ZCTA-level tables and World Population Review 2026 estimates.
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.
- Pololū Valley Lookout4.83.3 mi
- Spencer Beach Park4.612.8 mi
- Puʻukoholā Heiau National Historic Site4.712.6 mi
- Hāmākua Macadamia Nut Company4.611.3 mi
- Lapakahi State Historical Park4.67.6 mi
- Puʻukoholā Heiau National Historic Site4.712.6 mi
- Puakō Petroglyph Park4.418.1 mi
- Parker Ranch Headquarters4.214.4 mi
- Puakō Petroglyphs4.417.9 mi
- Paniolo Heritage Center Hawaii's Cowboy Museum & Gift shop located Pukalani Stables.4.715.2 mi
- Pololū Valley Lookout4.83.3 mi
- Spencer Beach Park4.612.8 mi
- Puʻukoholā Heiau National Historic Site4.712.6 mi
- Lapakahi State Historical Park4.67.6 mi
- Māhukona Beach Park4.67.7 mi
- Kawaihae Harbor4.511.9 mi
- Hale I'a Da Fish House4.811.9 mi
- Blue Hawaiian Helicopters4.920.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community park serving as a central gathering space.
Historic site of cultural significance to the North Kohala region.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.