BUILDING THE DREAM OF HOME OWNERSHIP
The median home price in Kalihi-Palama is $756,462, which is more expensive than 75.9 percent of the neighborhoods in Hawaii and 96.4 percent of the neighborhoods in the U.S. The average rental price in Kalihi-Palama is currently $1,601.00 and rents here are currently lower in price than 46.8 percent of Hawaii neighborhoods.
Kalihi-Palama is a densely urban neighborhood located in Honolulu, Hawaii and made up primarily medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and town homes. Most of the residential real estate is a mixture of owner occupied residents and renters. Many of the residences in the Kalihi-Palama are older, well-established, built between 1940 and 1969 and a smaller amount of homes built between 1970 and 1999.
Vacancy rates in Kalihi-Palama is relatively low with a rate of just under 3 percent, which is a lower than 89.2 percent of all neighborhoods in the U.S and indicates housing supply is very tight.
If you like crowded urban setting, then you will probably enjoy the Kalihi-Palama with a densely population of 22,611 people per square mile living here.
Kalihi-Palama stands out nationally for having a greater proportion of its residents being active in the military than 95.3 percent of other U.S. neighborhoods. Once your settled in you’ll notice active duty military members going to and from work and out and about in the area.
Kalihi-Palama also stands out for its college student friendly environment. The neighborhood is home to a number of college students and being that it’s close to campus it offers amenities nearby geared towards the student body. While it’s not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 6 percent of college-friendly places to live in HI.
Your future neighbors in Kalihi-Palama are pretty well off, making it among the 15 percent highest income neighborhoods in America and the neighborhood has a higher income than 85.0 percent of the neighborhoods in America.
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A SIMPLE HOME SHOPPING INSPECTION TOOL
Organizing your home shopping experience affords a wise decision-making process. This simple home inspection tool makes your ultimate buying decision a smart one. To print this document, click on “Open in New Window” located at the lower right corner; click on “File”; then click on “Print”. In the center of the screen, you will have the option to “Create A Printable PDF of the Presentation”.
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