Volcano 96785 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Volcano—96785

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$359,000

3.8% YoY Growth

Household Income

$64,200

61.4% YoY Growth

Days on Market

113

5.0% Longer YoY

Home Price Forecast

1.2%

Median Rent

$1,850

3.7% YoY Growth

1-Bed Rent

$1,850

N/A

2-Bed Rent

$1,600

14.4% YoY Growth

3-Bed Rent

$2,700

25.8% YoY Growth

Home Price Trends — Volcano

As of Dec '25, the median home price in Volcano is $359,000, with a year-over-year change of -3.8%. This indicates that home prices in Volcano are decreasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$359,000	-3.8%
Single Family	$359,000	-4.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Volcano

As of July '25, Rentcast reports the average rent in Volcano is $2,240, with a year-over-year rent change of 3.7%. Per bedroom, the median rent as of July '25 in Volcano is 1-bedrooms: $1,850, 2-bedrooms: $1,600, 3-bedrooms: $2,970. The most common rental property sizes in Volcano are 1-bedroom and 2-bedroom, accounting for 48.2% and 24.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,850	$2,240
Studio Rent	N/A	N/A
1 Bed Rent	$1,850	$1,850
2 Bed Rent	$1,600	$1,600
3 Bed Rent	$2,700	$2,970
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

9.8%

1 Bedroom

48.2%

2 Bedrooms

24.8%

3 Bedrooms

16.1%

4 Bedrooms

1.1%

Property Listings — Volcano

As of Dec '25, Realtor.com reports that the median days on market for a home in Volcano is 96. This is a decrease of -11.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 16.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$394,000	0.0%
Listing Count	76	-5.0%
Listings as % of Homes	1.8%	-5.0%
Days on Market	113	5.0%

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Demographics — Volcano

As of the latest ACS Survey released in 2023, Volcano has a population of 4,220, which has increased by 27.2% over the past 5 years. Volcano is a less popular place for families, as children make up 11.7% of the population. The area has a moderately educated workforce, with 36.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 30.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,220	27.2%
% Under 18	11.7%	-14.0%
% Seniors	36.4%	75.0%
% WFH	30.1%	437.5%
% w/ College Degree	36.9%	9.8%

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As of the latest ACS Survey released in 2023, Volcano is a predominantly white area, with 46.3% of the population identifying as white. The white population has grown by 7.7% in the last 5 years. The second most common race or ethnicity in Volcano is hispanic, making up 15.7% of the population. Foreign-born residents account for 2.1% of the population in Volcano, and this percentage has decreased by 8.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	46.3%	7.7%
% Black	0.3%	∞%
% Hispanic	15.7%	68.8%
% Asian	5.1%	-66.9%
% Foreign Born	2.1%	-8.7%

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Mortgage and Risk — Volcano

According to HUD data as of 2023, there were 40 mortgage originations in Volcano, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Volcano. Investor activity is low, as 5.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	40
% Conventional Loans	70.0%
% Government Loans	30.0%
% Investor Loans	5.0%
% Second Loans	15.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Volcano

Volcano lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	34
Total Units Section 8	34
% Rentals under Section 8	N/A
% Occupied Section 8	98.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$390	$1,850	$1,460
2 Bedroom	$280	$1,600	$1,880
3 Bedroom	-$250	$2,700	$2,450
4 Bedroom	N/A	N/A	$2,740

Volcano—96785

Key Metrics at a Glance

Home Price Trends — Volcano

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Volcano

% of Rental Stock

Property Listings — Volcano

Demographics — Volcano

Race and Ethnicity

Mortgage and Risk — Volcano

Mortgages

Rentals and Section 8 — Volcano

Section 8 Market Size

Section 8 Opportunity

Affordability — Volcano

Home Price to Income Ratio

Volcano — ZIP Code Boundary Map

Nearby ZIP Codes

Mountain View, HI

Kurtistown, HI

Hilo, HI

Pahoa, HI

Keaau, HI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.7
Median Home Price	$359,000
Median Household Income	$64,200

Volcano—96785

Key Metrics at a Glance

Home Price Trends — Volcano

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Volcano

% of Rental Stock

Property Listings — Volcano

Demographics — Volcano

Race and Ethnicity

Mortgage and Risk — Volcano

Mortgages

Rentals and Section 8 — Volcano

Section 8 Market Size

Section 8 Opportunity

Affordability — Volcano

Home Price to Income Ratio

Volcano — ZIP Code Boundary Map

Nearby ZIP Codes

Mountain View, HI

Kurtistown, HI

Hilo, HI

Pahoa, HI

Keaau, HI

Frequently Asked Questions

What is the average home price in Volcano 96785?

How have home prices in Volcano 96785 changed over the past year?

What is the home price projection for Volcano 96785?

What are the demographics of Volcano 96785?

How long does it take homes to sell in Volcano 96785?

What is the average rent price in Volcano 96785?