Molokai
real estate

Hawai‘i Life Molokai market snapshots (Molokai MLS data). Sample sizes are very small.

Molokai at a glance

Single-family homes on Molokai have mostly sold for roughly $480,000 to $550,000 over the past two years, and condos often for under $200,000. With so few sales, any one month can look very different from the next, so it pays to look at a full year of sales before you set a price.

Vacation rentals

Molokai is not a vacation rental market. In 2020 Maui County set the number of short-term rental home permits on Molokai to zero. Bill 9 also affects two of the island’s condo complexes, Wavecrest and Ke Nani Kai, where nightly rentals have to end by Jan. 1, 2031. Confirm current rules for any specific property with the Maui County Planning Department.

Property taxes

Molokai is part of Maui County and uses the same rates: $1.65 per $1,000 for an owner-occupied home up to $1.5 million, with a $300,000 home exemption. See the full table on our Maui page.

Latest from Molokai

Sources

• Molokai market snapshot, August 2026, Hawai‘i Life, Sept. 9, 2026
• Molokai market: 2025 year-end review, Hawai‘i Life, Jan. 12, 2026
• Federal lawsuit filed after Molokai short-term rental cap set at zero, Maui Now, July 14, 2020
• Resolution 26-69, real property tax rates FY2027, Maui County Council, May 15, 2026

General information as of October 2026, not legal or tax advice. Confirm zoning and rental rules for a specific property with Maui County before you buy.