Zip Code 96706

Ewa Beach, HIHonolulu County

Real Estate Market Analysis

Q3 2025 Report
$800,000 (June 2025)
Median Home Value
~70,000 (2025 est.)
Population
$105,000 (2025 est.)
Median Income
Above average (statewide)
School District Rating

Market Statistics

Property Values

$800,000 (June 2025)
Median Home Value
$3,200/month (est., 2025)
Median Rent
$617 (June 2025)
Price per Sq Ft

Market Performance

Home Appreciation-1.1% year-over-year (Jan 2024–Jan 2025)
Market Velocity48 days on market (June 2025)
Foreclosure RateLow (2025, below national average)

Area Information

Area Sizeapprox. 15 sq mi
CountyHonolulu
Primary CityEwa Beach

Housing Profile

Housing Statistics

Total Housing Units~24,000 (est.)
Owner Occupied~70%
Rental Properties~30%
Vacant UnitsLow vacancy (<3%)
New ConstructionActive, with ongoing single-family and townhome developments

Housing Types

Single-family homesTownhomesCondos

Demographics

~70,000 (2025 est.)
Population
36
Median Age
$105,000 (2025 est.)
Median Income
~96% (unemployment ~4%)
Employment Rate
High school grad or higher: 92%; Bachelor’s degree or higher: 32%
Education Levels
Predominantly families with children; multigenerational households common
Family Composition

Education Quality

School District Performance

Above average (statewide)
District Rating
School DistrictHawaii Department of Education – Leeward District
Test ScoresConsistently at or above state average
Graduation Rates~90%

Schools in Area

  • Ewa Makai Middle School
  • James Campbell High School
  • Holomua Elementary
  • Keoneula Elementary

Economic Factors

Employment & Business

Job GrowthModerate, driven by service, healthcare, and construction
Unemployment Rate~4% (2025)
Business EnvironmentStable, with growing small business sector
Commercial ActivityActive retail, dining, and service businesses

Major Employers

  • U.S. military (nearby bases)
  • Healthcare (Queen’s Medical Center West Oahu)
  • Retail (Ka Makana Ali‘i Mall)
  • Education (local schools)

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • H-1 Freeway
  • Farrington Highway
  • City bus service (TheBus)

Utilities & Services

  • HECO (electric)
  • Board of Water Supply
  • Sewer and trash collection

Quality of Life

Safety & Environment

Below Honolulu average; property crime moderate, violent crime low

Good air and water quality; some flood risk in low-lying areas

Healthcare Access

  • Queen’s Medical Center West Oahu
  • Urgent care clinics

Development Trends

Planned Developments

  • Ho‘opili master-planned community
  • New retail at Ka Makana Ali‘i expansion

Infrastructure Projects

  • Road widening (Fort Weaver Rd)
  • Transit-oriented development near rail

Investment Outlook

Growth Outlook

Strong, with continued population and housing growth expected

Investment Opportunities

  • New construction homes
  • Townhome/condo rentals
  • Retail/office space

Marketing Intelligence

Target Demographics

  • Military families
  • Young professionals
  • Move-up buyers
  • Investors

Competitive Advantages

  • Newer housing stock
  • Master-planned communities
  • Access to Honolulu and Kapolei

Pricing Strategies

Competitive pricing with value-add incentives (closing costs, upgrades)

Common Objections & Response Strategies

Objection: High home prices compared to other Oahu areas

Response Strategy:

Emphasize newer homes, amenities, and long-term appreciation potential

Objection: Traffic congestion during commute hours

Response Strategy:

Highlight proximity to new rail stations and flexible work options

Objection: Flood risk in some neighborhoods

Response Strategy:

Provide flood zone maps and discuss mitigation measures

Professional Recommendations

1

Leverage new construction and master-planned community inventory

2

Target marketing to military and relocating families

3

Educate buyers on flood risk and mitigation

4

Highlight school quality and family amenities

5

Monitor new infrastructure and retail projects for value-add opportunities

Competitive Analysis

Comparable Markets

  • Kapolei (96707)
  • Waipahu (96797)
  • Mililani (96789)

Market Positioning

Family-oriented, newer suburban alternative to urban Honolulu

Competitive Advantages

  • Newer, larger homes than Kapolei/Waipahu
  • Lower price per sq ft than Honolulu metro

Price Comparison

96706 median price ($800k) is below Honolulu metro ($1.16M), above Waipahu ($772k)

Investment Metrics

4.5–5.2% (2025 est.)
Cap Rates
4.0–4.5% gross
Rental Yields
~20:1
Price-to-Rent
Positive for well-leveraged rentals, especially townhomes/condos
Cash Flow
2–4% annualized (2025–2027)
Appreciation

Buyer Journey Insights

First-Time Buyers

Benefit from newer entry-level homes and VA loan eligibility; need to act quickly in competitive market

Move-Up Buyers

Attracted to larger homes and new developments; can leverage equity from prior sales

Downsizers

Townhomes and condos offer low-maintenance options; limited inventory

Investors

Strong rental demand, especially for military and professionals; focus on newer units for best returns

Relocators

Appeal of master-planned communities, good schools, and proximity to Honolulu

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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