Investor-grade market analytics for Kapaa, Hawaii. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.
$1,018,439
+2.0% year-over-year
4.4%
gross annual
+2.0%
base case (Zillow ZHVF)
+2.0% year-over-year
50/100
ModerateNet migration: Top 46% nationally
In-migrants avg $117,967 AGI vs out-migrants $73,379
Opportunity Zone Market
3 ZIP codes in Kapaa are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Kapaa, HI shows steady growth at 2.0% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability pressure is significant: the price-to-income ratio of 10.88x well exceeds the national average of 4.8x. Modest net positive migration (+16 returns/year) provides steady demand support. Climate risk is moderate (50/100) with manageable exposure. Rental yield of 4.37% is moderate, offering acceptable cash flow for leveraged investments.
12-month projection (Zillow ZHVF model)
Kapaa, HI's primary climate exposure is flooding (50/100). The composite climate risk score of 50/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. Buyers should consider climate-related insurance costs and potential future regulatory changes.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.