96825, Honolulu, HI

There is no doubt that Honolulu, HI is a beautiful city with plenty to offer its residents and visitors. However, when it comes to home prices and home equity, Honolulu may not be the best place for you. According to Zillow, the median home value in Honolulu is $527,000 while the median home equity value is only $130,000. This means that if you are looking to buy a house in Honolulu, your total cost of ownership will likely be much higher than if you were to live in another part of the state or country. Additionally, Honolulu has one of the highest rates of homeownership in the country at nearly 96%. This means that there are a lot of people who are already invested in their homes and who may not be willing to see their values decline significantly. If you are looking for a place to live that offers lower costs of ownership and greater opportunity for growth then Honolulu may not be the best option for you.