Volcano, HI housing market
The typical Volcano home is worth about $382,000, up 1.9% in a year, 54% below the Hawaii typical home.
Home values, sales, trends and how Volcano compares with the towns next door — updated as new data is published.
Volcano at a glance
Only 1 sale in April 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Volcano | Hawaii |
|---|---|---|
| 2017 | $225,000 | $557,000 |
| 2018 | $242,000 | $588,000 |
| 2019 | $248,000 | $608,000 |
| 2020 | $256,000 | $616,000 |
| 2021 | $281,000 | $656,000 |
| 2022 | $332,000 | $761,000 |
| 2023 | $378,000 | $831,000 |
| 2024 | $371,000 | $835,000 |
| 2025 | $382,000 | $846,000 |
| 2026 | $378,000 | $830,000 |
| August 2026 | $382,000 | $833,000 |
Volcano and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Volcano | $382K | +1.9% | $1,870 | $74,609 |
| Volcano Golf Course | — | — | $1,870 | — |
| Mauna Loa Estates | — | — | $1,870 | $39,427 |
| Mountain View | $337K | +0.5% | $1,940 | $69,299 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,870
HUD's Fair Market Rent for a two-bedroom in Volcano is $1,870 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Volcano pay a median of $1,786.
Studio $1,420 · 4 bedrooms $2,730
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (96785; Hawaii County, HI), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.