96738, Waikoloa, HI

The Waikoloa, HI 96738 zip code has a population of just over 10,000 people and is located on the island of Oahu. The median home value in this zip code is $527,000 which is significantly higher than the statewide median home value of $217,500. This high home value reflects the strong demand for housing in Waikoloa and indicates that homeowners in this area are doing well financially.

One reason why homeowners in the Waikoloa, HI 96738 zip code are doing so well financially is because of the strong home equity values in this area. The average home equity value in this zip code is $187,200 which is significantly higher than the statewide average home equity value of $130,700. This high level of home equity indicates that homeowners in this area have a lot of valuable assets available to them and can use these assets to help support their spending habits or to invest in other opportunities.

Another factor contributing to the high level of home equity values in the Waikoloa, HI 96738 zip code is the low rate of foreclosure activity within this area. The foreclosure rate within this zip code is just 2% which is much lower than the statewide foreclosure rate of 5%. This low foreclosure rate indicates that there are a limited number of homes that may be available for sale or rent at any given time and thus drives up demand for housing within this area.