The story of this market
The typical home in ZIP 96817 sells for about $827,000, or $634 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $2,450 a month.
ZIP 96817 — Urban Honolulu
The 96817 housing market shows steady price appreciation and moderate demand, though high price-to-rent ratios present challenges for investors. Market conditions are driven by limited inventory and the area's central location, keeping the outlook stable despite broader economic pressures.
This ZIP is best suited for urban-dwelling commuters and investors who prioritize proximity to downtown Honolulu over suburban space, as the area offers a dense, walkable lifestyle with high rental demand.
Median prices moved up 2.1% year over year.
Homes spend a median of 48 days on market with 3.7 months of supply — a fast-moving market.
19% of listings have cut prices · homes sell at 97.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 14.2% — 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 3.9%/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 3.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 96817, Honolulu County HI
Crime rates in the 96817 area are generally higher than the national average, with property crime being the most frequently reported issue in this urban Honolulu district.
Schools in this area are part of the Hawaii Department of Education, with performance ratings varying significantly across the district; many local schools are characterized as needing improvement.
The area faces risks from tropical storms and high winds, with specific low-lying sections designated as flood zones; property insurance premiums are elevated due to these climate-related exposures.
Economic momentum is driven by proximity to downtown Honolulu's government and healthcare sectors, though new residential development is constrained by limited land availability in this dense urban core.
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 benefit from central access to Honolulu's employment core, with most commutes being short via local surface streets or public transit, though traffic congestion is a persistent factor.
The area features proximity to historic sites, local community parks, and the vibrant dining and shopping districts of downtown Honolulu and Chinatown.
The rental market is characterized by high demand and low vacancy rates, with a significant presence of long-term rentals and limited short-term rental inventory due to strict local regulations.
The economy is anchored by government, healthcare, and tourism sectors, with significant employment hubs located in the nearby downtown Honolulu business district.
The area is served by the TheBus public transit system and is a primary corridor for the ongoing Honolulu Rail Transit project.
Development is focused on transit-oriented, high-density residential projects near the planned rail stations.
The Honolulu County Real Property Assessment Division conducts annual assessments based on market value.
Parcels are subject to standard county property taxes and utility fees from the Honolulu Board of Water Supply.
Property insurance is essential due to hurricane and flood risks, with premiums reflecting the high cost of construction and hazard exposure in Hawaii.
Data retrieved from data.census.gov 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.
- Kualoa Ranch4.712.1 mi
- Sea Life Park Hawaii4.111.5 mi
- Wet 'n' Wild Hawaii4.116 mi
- Wai Kai4.313.2 mi
- Coral Crater Adventure Park4.914.6 mi
- Hawaii Convention Center4.43.7 mi
- Aloha Stadium Swap Meet4.56.1 mi
- Sea Life Park Hawaii4.111.5 mi
- Barefoot Beach Cafe @ Queen's Surf Beach4.45.3 mi
- Consolidated Theatres Ward with TITAN LUXE4.33.5 mi
- Kualoa Ranch4.712.1 mi
- Hoʻomaluhia Botanical Garden4.73.8 mi
- Pearl Harbor National Memorial4.86.6 mi
- Honolulu Zoo4.25.1 mi
- Iolani Palace4.62.8 mi
- Pearl Harbor National Memorial4.86.6 mi
- Pearl Harbor Historic Sites Visitor Center4.76.6 mi
- Iolani Palace4.62.8 mi
- Bishop Museum4.62.2 mi
- Waikiki Aquarium3.95.5 mi
- Kualoa Ranch4.712.1 mi
- Hoʻomaluhia Botanical Garden4.73.8 mi
- Pearl Harbor National Memorial4.86.6 mi
- Diamond Head Crater Trailhead4.75.9 mi
- Makapu‘u Point Lighthouse Trail4.812.4 mi
- Kewalo Basin Harbor4.53.8 mi
- Ko Olina Resort4.618.3 mi
- He'eia Kea Boat Harbor4.57.2 mi
- Ala Wai Boat Harbor4.14.1 mi
- Kepoikai II Catamaran4.94.7 mi
- Pearl At Kalauao4.37.1 mi
- Royal Hawaiian Golf Club4.25.2 mi
- Hawaii Prince Golf Club4.311 mi
- Bayview Golf Course4.25.5 mi
- Waiʻalae Country Club4.66.5 mi
- Ala Moana Center4.53.6 mi
- Waikele Premium Outlets4.211.5 mi
- International Market Place4.44.6 mi
- Foodland Farms Ala Moana4.53.6 mi
- Pearlridge Center4.37.2 mi
- Daniel K. Inouye International Airport3.95.8 mi
- Blue Hawaiian Helicopters4.94.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Historic district with diverse culinary options and cultural markets.
A major urban green space featuring rare tropical plants.
Located in the historic Capitol District, showcasing local and regional art.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.