BUILDING THE DREAM OF HOME OWNERSHIP
The Mccully-Moiliili area median real estate price is $407,793, which is less expensive than 83.8 percent of Hawaii neighborhoods and 16.0 percent of all U.S. neighborhoods. The average rental price in the Mccully-Moiliili area is currently $1,152. Rents here are currently lower in price than 81.9 percent of Hawaii neighborhoods.
Real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) condominium complexes and small apartment buildings. A large make-up of the residential real estate is renter occupied and could be ideal for those looking for purchase investment property. Many of the residences in Mccully-Moiliili are established but not very old, having been built between 1970 and 1999, while some residences were also built between 1940 and 1969.
Real estate vacancies in Mccully-Moiliili are 5.2 percent, which is lower than one will find in 75.1 percent of other U.S. neighborhoods. Demand for real estate is above average for the U.S., and may signal some demand for either price increases or new construction of residential properties.
The neighborhood is very densely populated compared to most U.S. neighborhoods, with 32,353 persons per square mile and more packed with people than 97.4 percent of the nation’s neighborhoods.
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 heights.
Furthermore, the real estate stands out in the way it looks for a unique reason: The neighborhood has a higher proportion of apartment complexes or high-rise apartments 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 big apartment buildings and complexes. In fact, 75.4 percent of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.6 percent of other American neighborhoods.
In the Mccully-Moiliili neighborhood, walking to work is a real option for many with 13.2 percent of the residents here who walk to and from work daily and a higher proportion of walking commuters than you’ll find in 95.6 percent of American neighborhoods. Also, more people ride the bus in this neighborhood each day to get to work than 95.0 percent of U.S. neighborhoods.
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 good place for college students to live than 87 percent of the neighborhoods in Hawaii. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Your future neighbors in Mccully-Moiliili, 41.6 percent of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.2 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 20.1 percent and 11.1 percent in manufacturing and laborer occupations.
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A SIMPLE HOME SHOPPING INSPECTION TOOL
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