On our trek of going state by state, analyzing and identifying the most expensive ZIP codes in each state, we have yet to consider a Pacific state — until now. Hawaii has always been expensive, which should come as no surprise when you consider just how much it must cost to transport life’s necessities to the islands. We wanted to zero-in on the most expensive parts of Hawaii.
Read on to find out the most expensive ZIP codes in Hawaii in 2025, based on the latest data from Zillow’s home value index.
The Most Expensive ZIP Codes in Hawaii
We made use on data from Zillow’s home value index, plus the Census Bureau’s 2023 American Community Survey, we analyzed thousands of ZIP codes from all over the U.S. We zeroed in on the 78 ZIP codes tracked by Zillow in Hawaii. As part of our analysis, we took into consideration the latest monthly home values Zillow has — December 2024 — as well as the average of 12 months of median home values from January 2024 to December 2024.
The Top 5 Most Expensive ZIP Codes in Hawaii
ZIP code 96714 is the most expensive one in Hawaii. This ZIP code is centered on Hanalei, on the north side of Kauai. Situated on the picturesque Hanalei Bay, ZIP code 96714 is small and wealthy. More than a quarter of households earn $200,000 or more. The median household income is $132,115, while the average household income is $140,126. Home values were already quite high in this ZIP code, with the median home value being over $1.528 million back in December 2019. But the median soared by 77.2% over the next five years, reaching nearly $2.708 million in December 2024.
The second most expensive ZIP code in Hawaii is just east of the No. 1 most expensive ZIP code. Centered on Kilauea, ZIP code 96754 is far larger than its neighbor 96714 and includes a much longer stretch of the northern coast of Kauai. One-fifth of households here earn $200,000 or more per year, though the median household income is notably lower, at $85,428. The average household income is $123,311. Home values in 96754 rose significantly over the last five years: By 70.9%, from a median home value of more than $1.235 million in December 2019 to nearly $2.112 million in December 2024. From December 2021 to December 2022, the growth was incredible: From $1.365 million to almost $1.749 million.
The No. 3 most expensive ZIP code is 96821 and it is centered on eastern Honolulu, including communities like Waialae Iki, Aina Haina, and Kuliouou – Kalani Iki. This is a sizeable ZIP code, home to nearly 6,800 households. or more. This is a very wealthy ZIP code. More than two-fifths of households in 96821 make $200,000 or more. The median household income is a lofty $174,152, while the average household income is $232,927. The home appreciation rate was not as substantial as the first two ZIP codes on our list. From a median home value of close to $1.293 million in December 2019, it rose by 35.4%, to just below $1.750 million.
The No. 4 most expensive ZIP code in Hawaii is 96712. This ZIP code covers a northwestern portion of Oahu, including places like Haleiwa, Pupkea, as well as spots like Waimea Falls. Incomes here are high though not of the spectacular proportions of many of the other ZIP codes we’ve analyzed. The median household income in 96712 is $97,771 and the average household income is $140,046. Home values appreciated at a similar rate to the No. 3 most expensive ZIP code: 31.7%, from close to $1.221 million in December 2019 to over $1.608 million in December 2024.
The fifth most expensive ZIP code in Hawaii — 96722 — takes us back to Kauai and right next door to the No. 1 most expensive ZIP codes. Each one of these ZIP codes on the northern coast of Kauai saw their home values nearly double over the last five years. Centered on Princeville, ZIP code 96722 is narrow, stretching from northern coast, down toward the Halelea Forest Reserve in the island’s interior. This place really blew up: From a median home value of $771,431 in December 2019, it rose by 92.9%, reaching well over $1.487 million.
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