Home Value Trail

States › Hawaii › Honolulu County › ZIP 96819

ZIP code

ZIP 96819

Honolulu County · Urban Honolulu, HI · Hawaii

FHFA annual index 1977–2025Developmental ZIP indexIndex vintage March 31, 2026
FHFA house price index for ZIP 96819, 1977 to 2025, with the national index rebased to the same start and NBER recessions shadedRecession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202005001,0001,50019801990200020102020United States2025: 1,223
ZIP 96819 (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. FHFA describes its ZIP code indexes as developmental: they may be revised as new data arrive or methods change, and the index does not give a dollar value for any home.

The federal house price index for ZIP 96819 (Honolulu County, Hawaii) runs from 1977 to 2025 and has risen +1123.0% over that time, from a base of 100 to 1223.

Over the ten years to 2025 the index rose +59.2%, about +4.8% a year: close to Honolulu County (+58.6%), below Hawaii (+73.3%) and well below the national index (+85.0%). The change over 2024–2025 was +2.1%.

By decade, the strongest was the 1980s (+140.3%) and the weakest the 1990s (−11.8%).

From its 2007 peak the index fell −11.0% to a 2011 low and regained the peak in 2014.

Building activity is measured at county level: Honolulu County authorised 1,560 housing units in the 12 months to August 2026, 1.6 per 1,000 residents, 37% of them single-family.

+2.1%1 year, 2024–2025US +2.8%
+35.0%5 years, 2020–2025US +47.0%
+59.2%10 years, 2015–2025+4.8% a year annualised
+281.7%since 2000US +158.3%

Same span, five levels

Change in the FHFA indexZIP 96819Honolulu CountyUrban Honolulu areaHawaiiUnited States
1 year (2024–2025)+2.1%+1.4%+1.4%+2.9%+2.8%
5 years (2020–2025)+35.0%+36.9%+36.9%+46.0%+47.0%
10 years (2015–2025)+59.2%+58.6%+58.6%+73.3%+85.0%
20 years (2005–2025)+113.6%+102.0%+102.0%+95.5%+79.1%
Since 2000+281.7%+267.2%+267.2%+275.9%+158.3%
Since 1977+1123.0%+1339.1%+1339.1%+1341.2%+745.0%
10-year annualised+4.8%+4.7%+4.7%+5.7%+6.3%
20-year annualised+3.9%+3.6%+3.6%+3.4%+3.0%

Every column uses FHFA's annual all-transactions index family and the same start and end years, so the figures are directly comparable. A dash means the level has no index for that span.

Decade by decade

DecadeChangeUnited States
1980s (1980–1990)+140.3%+68.2%
1990s (1990–2000)−11.8%+33.9%
2000s (2000–2010)+98.7%+29.7%
2010s (2010–2020)+42.3%+35.5%
2020s so far (2020–2025)+35.0%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1977 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1977 are not shown.

Peak-to-low declines

Falls of 5% or more from a previous high in the annual index, and the year the earlier peak was regained.

PeakLowDeclinePeak regained
19952000−23.6%2004
19801981−22.5%1983
20072011−11.0%2014
19831984−7.5%1985

Building permits in Honolulu County

Permits are reported by county and by permit-issuing place, not by ZIP code. Housing units authorised in Honolulu County, latest 12 months.

Housing units authorised in Honolulu County by month, Sep 2025 to Aug 20260100200Sep 2025: 15 units (11 single-family, 4 in multi-unit buildings)Sep 2025Oct 2025: 165 units (52 single-family, 113 in multi-unit buildings)Oct 2025Nov 2025: 130 units (34 single-family, 96 in multi-unit buildings)Nov 2025Dec 2025: 148 units (55 single-family, 93 in multi-unit buildings)Dec 2025Jan 2026: 111 units (53 single-family, 58 in multi-unit buildings)Jan 2026Feb 2026: 153 units (45 single-family, 108 in multi-unit buildings)Feb 2026Mar 2026: 134 units (58 single-family, 76 in multi-unit buildings)Mar 2026Apr 2026: 160 units (52 single-family, 108 in multi-unit buildings)Apr 2026May 2026: 164 units (53 single-family, 111 in multi-unit buildings)May 2026Jun 2026: 155 units (56 single-family, 99 in multi-unit buildings)Jun 2026Jul 2026: 139 units (54 single-family, 85 in multi-unit buildings)Jul 2026Aug 2026: 86 units (49 single-family, 37 in multi-unit buildings)Aug 2026

Housing units authorised in Honolulu County by month, Sep 2025 to Aug 2026single-family2+ unit buildings

1,560units authorised, 12 months to August 2026+2.9% on the previous 12 months
1.6units per 1,000 residentsHawaii 2.3 · US 4.1
37%single-family share890 units in 5+ unit buildings

Full permit history and every city in Honolulu County

Other ZIP codes in Honolulu County

Ranked by ten-year change in the FHFA index; ZIP 96819 ranks 8 of 16 with an index through 2025.

ZIP1 year10 yearsSince 2000Index through
96791+19.7%+100.5%+405.8%2024
96762+15.1%+76.6%+242.0%2021
96792−1.5%+76.5%+367.6%2025
96789+10.0%+75.7%+276.1%2024
96706+5.7%+73.3%+349.3%2025
96797+5.3%+73.3%+338.4%2025
96786+3.6%+72.2%+290.1%2025
96731+14.2%+71.3%—2022
96707+2.8%+66.8%+306.6%2025
96712+17.9%+66.3%+298.1%2022
96734+6.1%+65.0%+297.9%2025
96744+5.6%+61.4%+277.8%2025

All 27 ZIP codes in Honolulu County

Questions and answers

How much have home values in ZIP 96819 risen over 10 years?

The FHFA house price index for 96819 rose +59.2% between 2015 and 2025, about +4.8% a year compounded. Over five years the change was +35.0% and over one year +2.1%.

How does 96819 compare with Honolulu County?

Over the same ten years to 2025, Honolulu County rose +58.6%, Hawaii +73.3% and the United States +85.0%, against +59.2% for the ZIP. Among 16 ZIP codes in the county with an index through 2025, 96819 ranks 8 by ten-year change.

What happened to prices in 96819 after 2007?

The index peaked in 2007, fell −11.0% to its 2011 low and passed the earlier peak again in 2014. Nationally the fall was −21.3% from 2007 to 2012.

How many homes are being built in 96819?

Building permits are published by place and county, not by ZIP. Honolulu County authorised 1,560 housing units in the 12 months to August 2026, +2.9% on the previous 12 months. The county page lists permits by month and by city.

Where does the index for this ZIP come from?

From the Federal Housing Finance Agency's annual five-digit ZIP code house price index (all-transactions), last updated March 31, 2026. FHFA labels the ZIP-level indexes developmental: they are calibrated on appraisal values and sales prices for mortgages bought or guaranteed by Fannie Mae and Freddie Mac, and may be revised. The index tracks price changes for the same homes over time; it does not give a dollar value for any home.

Provenance

Index: Federal Housing Finance Agency, annual house price index for five-digit ZIP codes (all-transactions, developmental), last updated March 31, 2026, values 1977–2025, public domain. County, state and national comparison series are FHFA's annual indexes for those levels from the same release. ZIP to county assignment uses the Census Bureau's 2020 ZCTA-to-county relationship file (largest land share); county to metro uses OMB's July 2023 delineations. Permits: Census Bureau Building Permits Survey through August 2026. Errors in processing are corrected at the next build; see corrections. FHFA HPI datasets.