Punahou St / Clark St median real estate price is $554,742, which is more expensive than 37.2% of the neighborhoods in Hawaii and 91.1% of the neighborhoods in the U.S.
The average rental price in Punahou St / Clark St is currently $2,684, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 75.3% of the neighborhoods in Hawaii.
Punahou St / Clark St is a densely urban neighborhood (based on population density) located in Honolulu, Hawaii.
Punahou St / Clark St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Punahou St / Clark St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Punahou St / Clark St. The current real estate vacancy rate here is 17.6%. This is higher than the rate of vacancies in 80.8% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.