96790, Kula, HI

The 96790 zip code of Kula, HI is located on the island of Hawaii and has a population of just over 2,000 people. The median home value in this zip code is $269,900 which is significantly higher than the statewide median home value of $175,000. This high home value may be due to the fact that Kula is a popular tourist destination and there are many luxury homes in this area. Additionally, the local economy has been strong recently which may also contribute to the high home values.

Despite the high home values in this zip code, there are still a number of homeowners who are struggling to pay their mortgages. According to Zillow’s recent report on mortgage delinquencies in America, 9% of mortgages in Kula are delinquent which is above the national average of 6%. This indicates that there may be some potential problems down the road if interest rates increase or if the economy takes a downturn.

Overall, it appears that homeownership rates and home values in Kula are high relative to other areas of Hawaii but there could be some risks associated with these prices if things change for the worse.