How much is a home worth in ZIP code 96706?

The typical home in 96706 is worth $824,108, based on the Zillow Home Value Index.

Are home values rising in 96706?

Home values in 96706 are down 0.8% over the past year, and up 3.0% a year over five years.

What is the typical rent in 96706?

A typical home in 96706 rents for about $3,414 a month, a gross rental yield of 5.0%.

What is the property tax rate in 96706?

The effective property tax rate in 96706 is 0.3% — roughly $2,632 a year on a typical home.

ZIP code 96706 has a population of 83,692 and a median household income of $129,456.

HousingHandbookReference data

…

U.S. ZIP Code · HI96706

Honolulu County · Urban Honolulu, HI

Typical home value

$824,108^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.8%
5-year / yr: +3.0%
10-year / yr: +4.4%

Relative price

vs U.S.: +190.1%
vs metro: -5.6%
vs state: -1.8%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 96706 is worth $824,108 — 5.6% below the Urban Honolulu, HI median. Over the past year, values have fallen 0.8%. Homes here rent for a typical $3,414 a month — a 5.0% gross rental yield. The effective property tax rate is 0.3%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $3,414^[2]
Gross yield: 5.0%^[2]
Cap rate: 3.0%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.3%^[3]
Typical annual tax: $2,632^[3]

#Climate risk

FEMA National Risk Index ratings for Honolulu County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Very High
Coastal flood: Relatively Moderate
Wildfire: Relatively High
Drought: Very Low
Heat wave: No Rating
Hurricane: Relatively Low
Tornado: Relatively Low
Earthquake: Relatively High
Winter weather: No Rating

#Who lives here

Population: 83,692^[3]
Median household income: $129,456^[3]

#Migration

Household moves in and out of Honolulu County over a year, from IRS tax-return data.

Net migration: -2,135^[5]
Moved in: 21,092
Moved out: 23,227

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 12
Elementary: 7
Middle: 3
High: 2

James Campbell High School
High · Grades 9–12 · Hawaii Department of Education
2,875 students
Ewa Makai Middle School
Middle · Grades 6–8 · Hawaii Department of Education
1,253 students
Ewa Elementary School
Elementary · Grades PK–5 · Hawaii Department of Education
1,136 students
Holomua Elementary School
Elementary · Grades PK–6 · Hawaii Department of Education
1,092 students
Keoneula Elementary School
Elementary · Grades PK–5 · Hawaii Department of Education
878 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.0%

Net yield (after ~40% expenses)3.0%

Annual rent$40,962

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$4,167

Loan principal$659,286

Down payment$164,822

Total interest paid$840,883

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.49

Monthly cost to own$5,074

Monthly rent$3,414

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 30th percentile^[1]
Rental yield: 82nd percentile^[2]
Property tax: 63rd percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 96706?: The typical home in 96706 is worth $824,108, based on the Zillow Home Value Index.
Are home values rising in 96706?: Home values in 96706 are down 0.8% over the past year, and up 3.0% a year over five years.
What is the typical rent in 96706?: A typical home in 96706 rents for about $3,414 a month, a gross rental yield of 5.0%.
What is the property tax rate in 96706?: The effective property tax rate in 96706 is 0.3% — roughly $2,632 a year on a typical home.
Who lives in 96706?: ZIP code 96706 has a population of 83,692 and a median household income of $129,456.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

96817 vs 96706 →
Urban Honolulu CDP, HI
Typical home
$819,741
Gross yield
3.6%
96701 vs 96706 →
Pearl City CDP, HI
Typical home
$829,351
Gross yield
3.6%
96786
Wheeler AFB CDP, HI
Typical home
$850,187
Gross yield
3.0%
96707
Kalaeloa CDP, HI
Typical home
$858,116
Gross yield
4.7%
96797
Royal Kunia CDP, HI
Typical home
$865,327
Gross yield
3.6%
96717
Punaluu CDP, HI
Typical home
$869,252
Gross yield
—

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#Jump to section

U.S. ZIP Code · HI96706

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