96720 — Hilo, HI Home Values
Typical home value $556,053 as of June 2026 · 13th of 24 in Hilo, HI
Blue: typical home value (Zillow ZHVI) in ZIP code 96720, June 2021 to June 2026. This page shows observed data only; no forecast.
How 96720 compares in the Hilo, HI area
ZIP code 96720 (Hilo, HI) has a typical home value of $556,053 as of June 2026, ranking 13th of 24 ZIP codes tracked in the Hilo, HI area, more expensive than about 50% of ZIP codes in the metro. Prices here have moved +4.2% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +30.7%, from $425,366 in June 2021 to $556,053 in June 2026. Against observed rent, the typical home here sells for 22.8× the annual rent ($2,034/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Hilo, HI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Hilo.
Population and demographics
ZIP code 96720 has a population of 50,971, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 30.3% Asian, 27.6% two or more races, 16.8% White, 13.2% Hispanic or Latino, 11.3% Native Hawaiian or Pacific Islander, 0.7% Black or African American, and 0.1% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Kaumana Elementary School | 1710 Kaumana Dr, Hilo, HI | 6.6 mi |
| Ernest Bowen DeSilva Elementary School | 278 Ainako Ave, Hilo, HI | 8.4 mi |
| Hilo Intermediate School | 587 Waianuenue Ave, Hilo, HI | 9.8 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 96720?
$556,053 as of June 2026, the latest month Zillow has published observed data for.
Is 96720 an expensive ZIP code in the Hilo, HI area?
96720 ranks 13th of 24 ZIP codes in the Hilo, HI area by typical home value, more expensive than about 50% of ZIP codes in the metro.
How much have home values in 96720 changed over the past year?
+4.2% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 96720?
The typical home price is 22.8× the observed annual rent in this ZIP code ($2,034/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 96720?
50,971, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 96720?
Kaumana Elementary School (6.6 mi), Ernest Bowen DeSilva Elementary School (8.4 mi), Hilo Intermediate School (9.8 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 96720?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Hilo, HI forecast for a modeled outlook.
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.