Hilo, HI Metro Area - Investment Guide
Metro Area • 22 Cities • 24 ZIP Codes
Avg Home Value
$629,709
Avg Monthly Rent
$2,096
Avg Cap Rate
2.88%
Avg Investability
2.8 ★
Cities
22
ZIP Codes
24
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Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
❄️
COOL MARKET
Hilo, HI Metro Area
More inventory, negotiating room for buyers
87 days
Average time to sell
Slow
6.1%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Hilo, HI
Every ZIP in the metro, ranked four ways. Free.
Cities in Hilo, HI
Captain Cook
Hawaii
1 ZIPs
Hawi
Hawaii
1 ZIPs
Hilo
Hawaii
1 ZIPs
Holualoa
Hawaii
1 ZIPs
Honokaa
Hawaii
2 ZIPs
Honomu
Hawaii
2 ZIPs
Kailua Kona
Hawaii
1 ZIPs
Kapaau
Hawaii
1 ZIPs
Keaau
Hawaii
1 ZIPs
Kealakekua
Hawaii
1 ZIPs
Kurtistown
Hawaii
1 ZIPs
Laupahoehoe
Hawaii
1 ZIPs
Mountain View
Hawaii
1 ZIPs
Naalehu
Hawaii
1 ZIPs
Pahala
Hawaii
1 ZIPs
Pahoa
Hawaii
1 ZIPs
Papaaloa
Hawaii
1 ZIPs
Papaikou
Hawaii
1 ZIPs
Pepeekeo
Hawaii
1 ZIPs
Volcano
Hawaii
1 ZIPs
Waikoloa
Hawaii
1 ZIPs
Waimea
Hawaii
1 ZIPs
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 96738 | Waikoloa | HI | $825,501 | $3,167 | 2.99% | |
| 96781 | Papaikou | HI | $525,563 | $2,052 | 3.05% | |
| 96719 | Hawi | HI | $860,101 | $2,115 | 1.92% | |
| 96772 | Naalehu | HI | $403,574 | $1,683 | 3.25% | |
| 96720 | Hilo | HI | $556,053 | $2,034 | 2.85% | |
| 96776 | Honokaa | HI | $528,950 | $1,755 | 2.59% | |
| 96740 | Kailua Kona | HI | $886,938 | $3,042 | 2.67% | |
| 96783 | Pepeekeo | HI | $551,047 | $1,818 | 2.57% | |
| 96755 | Kapaau | HI | $643,246 | $1,773 | 2.15% | |
| 96760 | Kurtistown | HI | $366,913 | $1,683 | 3.58% | |
| 96725 | Holualoa | HI | $1,017,086 | $2,151 | 1.65% | |
| 96777 | Pahala | HI | $288,199 | $1,683 | 4.55% | |
| 96743 | Waimea | HI | $1,248,033 | $2,763 | 1.73% | |
| 96785 | Volcano | HI | $358,982 | $1,683 | 3.66% | |
| 96704 | Captain Cook | HI | $451,899 | $2,295 | 3.96% | |
| 96710 | Honomu | HI | $958,796 | $2,052 | 1.67% | |
| 96764 | Laupahoehoe | HI | $631,492 | $1,683 | 2.08% | |
| 96727 | Honokaa | HI | $654,395 | $1,782 | 2.12% | |
| 96778 | Pahoa | HI | $288,475 | $1,763 | 4.77% | |
| 96749 | Keaau | HI | $450,894 | $2,183 | 3.78% | |
| 96750 | Kealakekua | HI | $770,357 | $1,683 | 1.70% | |
| 96719 | Hawi | HI | $828,048 | $2,115 | 1.99% | |
| 96771 | Mountain View | HI | $326,122 | $1,746 | 4.18% | |
| 96728 | Honomu | HI | $528,574 | $2,079 | 3.07% | |
| 96780 | Papaaloa | HI | $833,861 | $1,683 | 1.57% | |
| 96738 | Waikoloa | HI | $836,536 | $3,167 | 2.95% | |
| 96781 | Papaikou | HI | $542,721 | $2,052 | 2.95% | |
| 96755 | Kapaau | HI | $625,110 | $1,773 | 2.21% | |
| 96720 | Hilo | HI | $528,971 | $1,710 | 2.52% | |
| 96772 | Naalehu | HI | $408,161 | $1,683 | 3.22% | |
| 96725 | Holualoa | HI | $1,018,244 | $2,151 | 1.65% | |
| 96776 | Honokaa | HI | $542,994 | $1,755 | 2.52% | |
| 96740 | Kailua Kona | HI | $882,325 | $3,436 | 3.04% | |
| 96783 | Pepeekeo | HI | $551,299 | $1,818 | 2.57% | |
| 96760 | Kurtistown | HI | $350,633 | $1,683 | 3.74% | |
| 96704 | Captain Cook | HI | $455,904 | $2,500 | 4.28% | |
| 96764 | Laupahoehoe | HI | $611,566 | $1,683 | 2.15% | |
| 96727 | Honokaa | HI | $630,540 | $1,782 | 2.20% | |
| 96777 | Pahala | HI | $293,548 | $1,683 | 4.47% | |
| 96743 | Waimea | HI | $1,254,227 | $4,225 | 2.63% | |
| 96785 | Volcano | HI | $363,725 | $1,683 | 3.61% | |
| 96749 | Keaau | HI | $472,502 | $2,342 | 3.87% | |
| 96771 | Mountain View | HI | $313,665 | $1,746 | 4.34% | |
| 96728 | Honomu | HI | $520,416 | $2,079 | 3.12% | |
| 96778 | Pahoa | HI | $292,823 | $1,846 | 4.92% | |
| 96738 | Waikoloa | HI | $838,092 | $2,547 | 2.37% | |
| 96719 | Hawi | HI | $853,700 | $2,115 | 1.93% | |
| 96772 | Naalehu | HI | $396,014 | $1,683 | 3.31% | |
| 96776 | Honokaa | HI | $515,013 | $1,755 | 2.66% | |
| 96740 | Kailua Kona | HI | $885,146 | $3,027 | 2.67% |
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About Hilo, HI Real Estate Market
The Hilo, HI metropolitan statistical area (MSA) encompasses 22 cities and 24 ZIP codes. The average home value across the metro is $629,709, with an average monthly rent of $2,096. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.