Is West Molokai, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, West Molokai was a Seller's Market.
Housing Prices in West Molokai, HI
How much do homes in West Molokai, HI cost?
Median Sold Price
$365,000
$391/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Molokai was $365,000 in April 2024, up 4.3% from last year, and the median price per square foot was $391.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $345K | $312K | -9.6% |
2 Bedrooms | $445K | $410K | -7.9% |
3 Bedrooms | - | $383.8K | N/A |
4 Bedrooms | $1.1M | $325K | -70.9% |
5+ Bedrooms | - | - | N/A |
Summary: West Molokai housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.6%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes did not change, 4 bedroom homes decreased by 70.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
East Molokai | $375K | $415K | +10.7% |
Kaunakakai | $375K | $415K | +10.7% |
West Molokai | $350K | $365K | +4.3% |
Housing Supply in West Molokai, HI
How many homes are available in West Molokai, HI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 33 | -5.7% |
Summary: The West Molokai real estate market had 33 homes for sale in April 2024, a 5.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 12 | 0.0% |
2 Bedrooms | 15 | 15 | 0.0% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The West Molokai housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in West Molokai in April 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for West Molokai, HI
We’re sorry, we don't have information for this market at the moment