The story of this market
The typical home in ZIP 96816 sells for about $1,330,000, or $850 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 71 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $3,000 a month.
ZIP 96816 — Urban Honolulu
The 96816 housing market is currently balanced, with home prices showing modest year-over-year growth. Demand remains steady, though the high entry price point continues to influence market velocity and buyer activity.
This ZIP is well-suited for established families and professionals seeking proximity to Honolulu's urban core while maintaining a residential neighborhood feel.
Median prices moved up 2.5% year over year.
Homes spend a median of 71 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.9% · poverty 7.5% — a stable, low-distress profile.
Built from 32 recorded sales in the last 24 months against HUD 3-bedroom fair market rents. The location premium is the part of the price that rent, income, education, employment, vacancy, price trend, hazard, lending and flood risk don't explain. It usually reflects amenities, schools and scarcity. It's area context and does not change this ZIP's home value estimates.
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 3.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 96816, Honolulu County HI
Crime in the Honolulu area is generally consistent with other major urban centers in Hawaii, with property crime being the primary concern. Residents are advised to follow standard urban safety precautions.
The area is served by the Hawaii Department of Education, with schools generally maintaining stable performance ratings within the Honolulu district.
The region faces risks from tropical storms and potential flooding in low-lying areas, necessitating comprehensive property insurance coverage.
Economic momentum is driven by tourism, military presence, and government sectors, with steady demand for residential housing in established neighborhoods.
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 to the Honolulu employment core is primarily via the H-1 freeway, with traffic congestion being a significant factor during peak hours.
The area features proximity to Kaimuki and Kahala shopping districts, numerous public parks, and easy access to coastal recreation areas.
The rental market is characterized by steady demand and limited vacancy, with investors often targeting long-term residential leases.
The local economy is anchored by tourism, the military, and the state government, providing a stable employment base for the region.
The area is served by the Honolulu public transit system (TheBus) and is connected to the wider island via the H-1 freeway.
Development is largely focused on infill projects and residential renovations due to limited land availability.
The Honolulu County Real Property Assessment Division manages property valuations based on annual market analysis.
Parcels are subject to standard county property tax levies and utility service districts.
Property insurance premiums are influenced by the area's exposure to wind and flood hazards, requiring specialized coverage.
Data retrieved from data.census.gov and local market reports.
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.
- Kualoa Ranch4.716.4 mi
- Sea Life Park Hawaii4.18.8 mi
- Wet 'n' Wild Hawaii4.119 mi
- Wai Kai4.315.8 mi
- Coral Crater Adventure Park4.917.4 mi
- Hawaii Convention Center4.42.5 mi
- Aloha Stadium Swap Meet4.510.2 mi
- Sea Life Park Hawaii4.18.8 mi
- Barefoot Beach Cafe @ Queen's Surf Beach4.42.1 mi
- Consolidated Theatres Ward with TITAN LUXE4.33.6 mi
- Hoʻomaluhia Botanical Garden4.76.9 mi
- Pearl Harbor National Memorial4.810.7 mi
- Honolulu Zoo4.21.9 mi
- Iolani Palace4.64.2 mi
- Bishop Museum4.65.7 mi
- Pearl Harbor National Memorial4.810.7 mi
- Pearl Harbor Historic Sites Visitor Center4.710.7 mi
- Iolani Palace4.64.2 mi
- Bishop Museum4.65.7 mi
- Waikiki Aquarium3.92.1 mi
- Hoʻomaluhia Botanical Garden4.76.9 mi
- Pearl Harbor National Memorial4.810.7 mi
- Diamond Head Crater Trailhead4.71.7 mi
- Makapu‘u Point Lighthouse Trail4.89.6 mi
- Lanikai Pillbox Trail4.88.7 mi
- Kewalo Basin Harbor4.53.9 mi
- He'eia Kea Boat Harbor4.510.9 mi
- Ala Wai Boat Harbor4.12.8 mi
- Kepoikai II Catamaran4.92.1 mi
- Waikiki Yacht Club4.62.9 mi
- Pearl At Kalauao4.311.5 mi
- Royal Hawaiian Golf Club4.25.5 mi
- Bayview Golf Course4.28.3 mi
- Waiʻalae Country Club4.61.8 mi
- Hawaiʻi Kai Golf Course3.68.6 mi
- Ala Moana Center4.53 mi
- International Market Place4.42 mi
- Foodland Farms Ala Moana4.53.2 mi
- Pearlridge Center4.311.5 mi
- Kahala Mall4.31 mi
- Daniel K. Inouye International Airport3.98.5 mi
- Blue Hawaiian Helicopters4.97.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major regional shopping center serving the East Honolulu area.
Popular coastal park providing beach access and recreational space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.