Investor-grade market analytics for Urban Honolulu, Hawaii. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.
$856,305
+2.3% year-over-year
4.2%
gross annual
+2.3%
base case (Zillow ZHVF)
+2.3% year-over-year
70/100
HighIn-migrants avg $77,302 AGI vs out-migrants $71,056
Opportunity Zone Market
6 ZIP codes in Urban Honolulu are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Urban Honolulu, HI shows steady growth at 2.3% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability pressure is significant: the price-to-income ratio of 8.21x well exceeds the national average of 4.8x. Net negative migration (-2,229 returns/year) is reducing housing demand pressure. Climate risk is elevated (70/100), which may impact insurance costs and long-term property values. Rental yield of 4.23% is moderate, offering acceptable cash flow for leveraged investments.
12-month projection (Zillow ZHVF model)
Urban Honolulu, HI's primary climate exposure is flooding (90/100). The composite climate risk score of 70/100 (High) indicates overall risk which may increase insurance premiums and impact property values over time. 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.