SIALIMStatistical Intelligence for America's Local Investment Markets

The Most Expensive ZIP Codes in Hilo

Ranked from observed Zillow data as of June 2026 — not a forecast. 24 ZIP codes in the Hilo, HI area. See the Hilo forecast →

Cheaper
More expensive· dot size = population

10 most expensive ZIP codes in Hilo, HI are ringed on the map; all 34 ZIPs shown, colored by typical home value and sized by population. Hover any dot for its ZIP and value.

Which are the best ZIP codes to buy in Hilo?

There is no single answer, because "best" depends on what a buyer is optimizing for. The three tables below rank the same 24 ZIP codes three different ways: by typical home value, by how much prices have actually moved over the past year, and by how far a home's price stretches against observed rent. A ZIP code that leads one list rarely leads all three.

Most expensive — June 2026

Ranked by typical home value (Zillow ZHVI), highest first.

#ZIPCityPopulationTypical value
196743Waimea13.3K$1,254,227
296725Holualoa4.7K$1,017,086
396710Honomu209$967,507
496740Kailua Kona40.8K$882,325
596719Hawi1.5K$860,101
696780Papaaloa425$844,442
796738Waikoloa7.4K$836,536
896750Kealakekua3.1K$779,820
996727Honokaa4.8K$654,395
1096755Kapaau3.5K$649,662

Fastest-appreciating — past 12 months

Ranked by observed price change over the trailing year, not a forecast.

#ZIPCityPopulationTypical value1-yr change
196720Hilo51.0K$556,053+4.2%
296760Kurtistown4.1K$370,113+3.8%
396743Waimea13.3K$1,254,227+2.1%
496727Honokaa4.8K$654,395+2.1%
596781Papaikou2.0K$540,615+1.4%
696749Keaau19.4K$472,502+0.9%
796785Volcano4.2K$372,983+0.9%
896783Pepeekeo1.7K$557,001+0.6%
996738Waikoloa7.4K$836,536+0.6%
1096728Honomu370$528,574+0.5%

Best rental value — past 12 months

Ranked by price-to-rent (typical value ÷ observed annual rent), lowest first — the ZIP codes where buying looks cheapest relative to renting.

#ZIPCityPopulationTypical valuePrice ÷ annual rent
196778Pahoa14.2K$294,64913.4×
296749Keaau19.4K$472,50216.8×
396740Kailua Kona40.8K$882,32521.4×
496720Hilo51.0K$556,05322.8×
596743Waimea13.3K$1,254,22724.7×

Frequently asked questions

What is the most expensive ZIP code in the Hilo area?

96743 (Waimea), with a typical home value of $1,254,227 as of June 2026, the latest month Zillow has published.

Which are the best ZIP codes to buy in Hilo?

It depends on the goal. This page ranks three separately: the most expensive ZIP codes (highest typical value), the fastest-appreciating (largest observed price gain over the past year), and the best rental value (lowest price relative to observed rent). The three lists often name different ZIP codes.

Is this page showing forecasts?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasts, at the metro level, are on the linked metro forecast page.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.