$2,553 Closing Credit*
$215,000
604 SqFt
1 Bed
•1 Bath
Les Howard RS-77162, Listing Office: Coldwell Banker Island Prop-Ku
Is East Molokai, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, East Molokai was a Seller'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
$397,450
$411/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,450(+8.9%)
Key Takeaway
Homes in East Molokai have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in East Molokai was $397,450 in November 2024, up 8.9% from last year, and the median price per square foot was $411.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | $215.5K | -2.0% |
| 2 Bedrooms | $407.5K | $509.5K | +25.0% |
| 3 Bedrooms | $415K | $432.2K | +4.2% |
| 4 Bedrooms | $515K | $1.0M | +103.9% |
| 5+ Bedrooms | $675K | $568K | -15.9% |
Summary: East Molokai housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 4.2%, 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 | $397.4K | +8.9% |
| Kaunakakai | $365K | $397.4K | +8.9% |
Housing Supply in East Molokai, HI
How many homes are available in East Molokai, HI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 36 | +5.9% |
Summary: The East Molokai real estate market had 36 homes for sale in November 2024, a 5.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 18 | 20 | +11.1% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The East Molokai housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Molokai, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in East Molokai in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% 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
