$3,503 Closing Credit*
$295,000
562 SqFt
1 Bed
•1 Bath
Dayna E Harris RB-20019, John Warring, Listing Office: Molokai Vacation Properties
Is East Molokai, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, East Molokai has remained a Buyer's Market.
Key Takeaway
East Molokai is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Molokai, HI
How much do homes in East Molokai, HI cost?
Median Sold Price
$409,900
$403/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$44,900(+12.3%)
Key Takeaway
Homes in East Molokai have sold for 12.3% more than they did a year ago.
Summary: The median home sold price in East Molokai was $409,900 in October 2024, up 12.3% from last year, and the median price per square foot was $403.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | $207.5K | -5.7% |
| 2 Bedrooms | $450K | $475K | +5.6% |
| 3 Bedrooms | $399K | $432.2K | +8.3% |
| 4 Bedrooms | $515K | $1.0M | +103.9% |
| 5+ Bedrooms | $675K | $568K | -15.9% |
Summary: East Molokai housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.7%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 103.9%, and 5+ bedroom homes decreased by 15.9%.
Median Sold Price Compared To Nearby Cities
| East Molokai | $365K | $409.9K | +12.3% |
| Kaunakakai | $365K | $409.9K | +12.3% |
Housing Supply in East Molokai, HI
How many homes are available in East Molokai, HI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 34 | +9.7% |
Summary: The East Molokai real estate market had 34 homes for sale in October 2024, a 9.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 17 | +13.3% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The East Molokai housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13.3%, 2 bedroom homes increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Molokai, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in East Molokai in October 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for East Molokai, HI
We’re sorry, we don't have information for this market at the moment
