The story of this market
The typical home in ZIP 96780 sells for about $450,000, or $385 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 92 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,850 a month.
ZIP 96780 — Papaaloa
The housing market in 96780 is characterized by very low transaction volume and limited inventory, typical of a remote rural area. Prices have seen modest year-over-year growth, but the market remains stable with little speculative activity. Data for specific metrics like active listings and price cuts are limited due to the small population size.
This ZIP is best suited for those seeking a quiet, rural lifestyle in a remote coastal setting, rather than commuters or investors.
Median prices moved up 2.1% year over year.
Homes spend a median of 92 days on market with 6.0 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.3% · poverty 18.0% — 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 5.2%/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 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 96780, Hawaii County, HI
The area is subject to significant volcanic hazard risks and tropical storm exposure typical of the Hamakua Coast.
Economic activity is primarily rural and agricultural with limited new development momentum.
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 requires significant drive time along the Hawaii Belt Road to reach employment centers in Hilo.
The area offers proximity to coastal scenic views and rural hiking trails along the Hamakua Coast.
The rental market is characterized by low inventory and limited turnover in this rural community.
The local economy is largely driven by small-scale agriculture and local services.
Public transit is extremely limited; personal vehicle ownership is essential for all travel.
No major commercial or residential developments are currently reported for this rural ZIP.
Parcels are subject to Hawaii County property tax and state-level utility regulations.
Insurance premiums are elevated due to high exposure to volcanic and wind-related hazards.
Data retrieved from Census Bureau 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.
- Escape Hilo518 mi
- WSW Steakhouse Restaurant | Whiskey Steak Wine3.918.4 mi
- Palace Theater4.718.1 mi
- Lam's Garden4.318.2 mi
- ʻAkaka Falls State Park4.68.1 mi
- Hawai‘i Tropical Botanical Garden4.812.6 mi
- The Umauma Experience4.75.8 mi
- Botanical World Adventures4.86.1 mi
- Laupāhoehoe Beach Park4.83.1 mi
- Imiloa Astronomy Center4.519.5 mi
- Pacific Tsunami Museum4.418 mi
- Lyman Museum4.818.1 mi
- Mokupāpapa Discovery Center4.717.9 mi
- Wailoa Art Center4.718.7 mi
- ʻAkaka Falls State Park4.68.1 mi
- Hawai‘i Tropical Botanical Garden4.812.6 mi
- Botanical World Adventures4.86.1 mi
- Laupāhoehoe Beach Park4.83.1 mi
- Laupāhoehoe Point4.93.1 mi
- Hilo International Airport4.419.8 mi
- Blue Hawaiian Helicopters4.820 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Scenic coastal views and rugged terrain defining the local geography.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.