How much is a home worth in ZIP code 96734?

The typical home in 96734 is worth $1,530,895, based on the Zillow Home Value Index.

Are home values rising in 96734?

Home values in 96734 are up 0.3% over the past year, and up 5.6% a year over five years.

What is the typical rent in 96734?

A typical home in 96734 rents for about $3,732 a month, a gross rental yield of 2.9%.

What is the property tax rate in 96734?

The effective property tax rate in 96734 is 0.3% — roughly $4,677 a year on a typical home.

ZIP code 96734 has a population of 50,670 and a median household income of $132,782.

HousingHandbookReference data

…

U.S. ZIP Code · HI96734

Honolulu County · Urban Honolulu, HI

Typical home value

$1,530,895^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.3%
5-year / yr: +5.6%
10-year / yr: +4.8%

Relative price

vs U.S.: +438.9%
vs metro: +75.3%
vs state: +82.5%

Price history

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

The typical home in 96734 is worth $1,530,895 — 75.3% above the Urban Honolulu, HI median. Over the past year, values have risen 0.3%. Homes here rent for a typical $3,732 a month — a 2.9% 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: $3,732^[2]
Gross yield: 2.9%^[2]
Cap rate: 1.8%^[2]

#Property tax

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

Effective tax rate: 0.3%^[3]
Typical annual tax: $4,677^[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: 50,670^[3]
Median household income: $132,782^[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: 13
Elementary: 9
Middle: 1
High: 3

Kalaheo High School
High · Grades 9–12 · Hawaii Department of Education
882 students
Mokapu Elementary School
Elementary · Grades PK–6 · Hawaii Department of Education
841 students
Kailua High School
High · Grades 9–12 · Hawaii Department of Education
795 students
Kailua Intermediate School
Middle · Grades 7–8 · Hawaii Department of Education
719 students
Kainalu Elementary School
Elementary · Grades PK–6 · Hawaii Department of Education
542 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 yield2.9%

Net yield (after ~40% expenses)1.8%

Annual rent$44,781

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$7,741

Loan principal$1,224,716

Down payment$306,179

Total interest paid$1,562,057

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 ratio2.52

Monthly cost to own$9,412

Monthly rent$3,732

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: 89th percentile^[1]
Rental yield: 5th percentile^[2]
Property tax: 44th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

9th for most populous in HIView list →

Frequently asked

How much is a home worth in ZIP code 96734?: The typical home in 96734 is worth $1,530,895, based on the Zillow Home Value Index.
Are home values rising in 96734?: Home values in 96734 are up 0.3% over the past year, and up 5.6% a year over five years.
What is the typical rent in 96734?: A typical home in 96734 rents for about $3,732 a month, a gross rental yield of 2.9%.
What is the property tax rate in 96734?: The effective property tax rate in 96734 is 0.3% — roughly $4,677 a year on a typical home.
Who lives in 96734?: ZIP code 96734 has a population of 50,670 and a median household income of $132,782.

#Comparable ZIPs

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

96712 vs 96734 →
Pupukea CDP, HI
Typical home
$1,660,456
Gross yield
3.1%
96816 vs 96734 →
Urban Honolulu CDP, HI
Typical home
$1,282,927
Gross yield
2.8%
96762
Laie CDP, HI
Typical home
$1,268,271
Gross yield
—
96825
East Honolulu CDP, HI
Typical home
$1,245,581
Gross yield
3.5%
96821
East Honolulu CDP, HI
Typical home
$1,835,032
Gross yield
3.1%
96795
Waimanalo CDP, HI
Typical home
$1,089,211
Gross yield
—

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#Jump to section

U.S. ZIP Code · HI96734

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