BUILDING THE DREAM OF HOME OWNERSHIP
The Mccully-Moiliili area median real estate price ranges from $410,750, and this neighborhood are less expensive than 69 percent of Hawaii neighborhoods and 16 percent of all neighborhoods in America.
The average rental price in Mccully-Moiliili is currently coming in a near $1,600 a month, and rents here are currently lower in price than nearly half of neighborhoods in Hawaii. A large make-up of the residential real estate is renter occupied and could be ideal for those looking to purchase investment property.
Real estate vacancies in Mccully-Moiliili are just over five percent, which is lower than one will find in more than three quarters of other neighborhoods in the country. Demand for real estate is above average, and signals demand for either price increases, new construction or both.
Real estate is primarily made up of small studios to two bedroom and medium sized three or four bedroom condominium developments. Many of the residences in McCully-Moiliili are established, but not very old, having been built between 1970 and 1999, while some residences were built between 1940 and 1969.
Mccully-Moiliili is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in the country. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record highs.
The real estate here really stands out in the way it looks for a unique reason. The neighborhood has a higher proportion of condominiums, apartment complexes or high-rises than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by multi-family housing. In fact, over 75 percent of the real estate here is classified as such, which is more than is found in nearly 97 percent of other American neighborhoods.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular flair. For example, one might notice whether the buildings all date from a certain time period. This particular neighborhood in Honolulu, the Mccully-Moiliili area, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The neighborhood is very densely populated compared to most neighborhoods in America, with 32,353 persons per square mile and more packed with people than over 97 percent of the nation’s neighborhoods.
In the Mccully-Moiliili neighborhood, walking to work is a real option for many with over 13 percent of the residents here who walk to and from work daily. Also, more people take public transportation in this neighborhood each day to get to work than 95 percent of neighborhoods across the country.
With a nice mix of college students, and decent walkability, the Mccully-Moiliili neighborhood rates highly as a college student friendly place to live and one that college students and their parents may want to consider. The area rates high for a better place for college students to live than 87 percent of the neighborhoods in Hawaii with amenities and services geared towards college students, from undergraduates to graduate students.
Many home buyers coming into the area are affiliated with the University of Hawaii or have children going to one of the nearby private schools. If you have a college bound child check out this blog post on Kiddie Condos to see if it’s something that’s right for you.
Hawaii Homes for Sale
Call us at: (808) 261-0350
WHERE HOME OWNERSHIP HAPPENS IN MCCULLY-MOILIILI, HONOLULU
Information posted on realtyuniversal.com by Wes McKibbon at The Home Buyer’s Korner are for educational purposes only. Every situation can be different and can be unique to a reader’s particular needs; do not consider anything you read on realtyuniversal.com as absolute or partial advice for your specific needs. Seek the advice of a qualified and suitable professional in your area for advice particular to your situation. The advice given may not produce the same results in your area and the information given here is not intended to cover all aspects of any given topic. Nathalie Mullinix REALTY UNIVERSAL, Inc., cannot be held responsible for the opinions and advice posted by Wes McKibbon at The Home Buyer’s Korner, nor can we or do we validate the accuracy. Wes McKibbon nor The Home Buyer’s Korner are a real estate brokerage, mortgage lender, general contractor, lawyer, accountant, appraiser, surveyor or any other licensed based profession, but are industry leaders and Wes is a highly respected retired FHA direct endorsement underwriter. If you have a specific question regarding any of these posts, you should seek advice from a licensed member of that particular profession. This page and all other pages posted by Wes McKibbon of The Home Buyer’s Korner are intended for educational purposes only including discussion, suggestions, ideas, etc., to better serve interested parties that have chosen independently to engage in active participation.
96826 Lauiki St Kalakaua Ave King St Contessa Wiliwili St Nahaku Pl Kalei Rd Kalele Rd Coyne St Nakookoo St King St Kalo Pl University Avenue Menehune Ln Bingham St Kamoku St Waialae Ave Maunawai Pl Nanea St Kuikahi St Kuilei St Hauoli St Lime St Kuilei St Lime St HAUSTEN ST Hausten St Alexander St Lime St Young St Elsie Ln Poha Ln Kapaakea Ln Kapiolani Blvd University Ave University Ave Manalo St Isenberg St Philip St UNIVERSITY PL Pawaa Ln DATE ST KAPIOLANI BLVD Kapiolani Blvd KUHIO HWY Algaroba St Punahou St WAIAKA PL WAIAKA RD 96826 Waialae Ave GRIFFITHS ST Laau St Waiola St KOALI RD McCully St Kalakaua Avenue Paani St Laau St Hihiwai St Coolidge St Mahiai Pl MAHIAI ST Griffiths St Hoawa St Punahou St Date St Church Ln Farrington St Varsity Cir Varsity Pl Kolo Pl Beretania St 96826 Kapiolani Blvd Makahiki Way Kamoku St Kapiolani Blvd Hausten St Fern St Artesian St Pumehana St Kaaha St Kaaloa St Malanai St Kalakaua Avenue Punahou St Citron St Date St Lokahi St Kemole Ln Kahoaloha Ln Kahuna Ln Kaialiu St Kahoaloha Ln Villa Ln Kaipuu St Date St 96826
Townhomes Manufactured Homes Modular Homes Mobile Homes Log Homes Second Homes Investment Property 2-4 Family Custom Home Builders Custom Built Homes Luxury Homes General Contractors Home Improvement Experts Kitchen & Bathroom Renovations Real Estate Brokers & Agents Mortgage Lenders Federal Credit Unions Community Bankers Real Estate Listings Jumbo Investor Hard Money HARP HECM Equity Zero 3% 3.5% Portfolio Non-Warrantable Down Payment Assistance Aina Haina Ala Moana Black Point Diamond Head Hahaione Hawaii Kai Hawaii Loa Ridge Kaimuki Kapahulu Kealaula Kai Koko Isle Kuliouou Niu Valley Portlock Queen’s Gate 1 Kahala Kaka’ako Kaka’ako Waterfront Kalama Valley Makiki Makiki Kai Manoa Maunalani Heights McCully Moiliili Palolo St Louis Heights Wail Kahala Wailupe Aina Haina Aina Haina Beach Black Point Diamond Head Hawaii Loa Ridge Kahala Kahala Kua Kaimuki Kai Nani Kalani Iki Kapahulu Kuliouou Lower Waialae Nui Maunalani Heights Niu Beach Niu Valley Paiko Lagoon Palolo Puupanini St. Louis Heights Waialae Golf Course Waialae Iki Waialae Nui Ridge Waialae Nui Valley Wailupe Wailupe Beach Wilhelmina Homes for Sale REO Short Sales FNMA HomePath Properties HUD Homes USDA Homes Non-Warrantable FNMA FHLMC FHA VA USDA Approved Condominiums Co-Ops Town Homes Manufactured Homes Modular Homes Mobile Homes Log Homes Second Homes Investment Property 2-4 Family Custom Home Builders Custom Built Homes Luxury Homes Real Estate Brokers & Agents Down Payment Assistance FNMA HomeStyle FNMA My Community Mortgage FHA One-Time Close Construction Portfolio or VA home loan Homes for Sale REO Short Sales FNMA HomePath Properties HUD Homes USDA Homes Condominiums Co-Ops