Maison Mihara Yasuhiro Hank resale: 87% of StockX sales now go below retail

On Kith's website the Maison Mihara Yasuhiro Hank Low lists at $382. It has been marked down to $191, and it is sold out. On StockX, the same black Hank with the melted-looking sole sold for a median $138 over the last nine days.

Maison Mihara Yasuhiro Peterson OG Sole Canvas Low BlackPhoto: StockXMaison Mihara Yasuhiro Peterson OG Sole Canvas Low RedPhoto: StockX

That is the story of the Hank in one shop page. It is one of the most-traded sneakers in resale: 11,097 StockX sales in the last 90 days, the 6th most of any shoe on our price checker. But on StockX it now sells for less than it cost new. In the first half of 2025, 2% of StockX sales went below its $220 launch retail. In the last 90 days, 87% did. In the last nine days, 96%.

It went from a premium to a discount in a year

The Hank Black (style code A05FW702) launched in June 2022 at $220, according to StockX's listing. Through August 2025 it resold above that on both marketplaces, at $250 to $280. Then StockX fell away: a $188 median in September 2025, $137 by January 2026.

GOAT never followed. The identical shoe has sold for $218 to $245 there every month of 2026, and only 31% of its GOAT sales in the last 90 days went below $220. In the last 90 days a buyer paid a median $65 more on GOAT ($231) than on StockX ($166).

On Kith it lists at $382. On StockX, 96% of last week's pairs sold for less than the $220 it launched at.

Who is selling below retail?

Our data shows completed sales, not who the sellers are, so this part is reading the pattern, not proving it. Someone who paid full price does not usually sell for a third less. Pairs bought on markdown, like Kith's half-price sale, can. A falling price with rising sales, which is what StockX shows, is what more supply looks like. Size does not explain it either: on GOAT, the Hank Black's median sat between $219 and $251 in every size from US 4 to 13 since October 2025, so a shift toward cheaper sizes cannot move the price by $65.

It is also not a sign that people stopped wanting it. Maison Mihara Yasuhiro's share of StockX sales, measured on a fixed set of 31,189 shoes so new releases cannot inflate it, rose from 0.33% in early 2025 to 2.06% in summer 2026, about six times as much.

The hype peaks every July

Google search interest in "Maison Mihara" in the US peaks each summer, the canvas-sneaker season: July 2024, July 2025 (the highest point since 2024) and July 2026. The resale price broke right after the biggest of those peaks, in September 2025. Search interest in September and October 2026 is the lowest since at least January 2024.

On social media the brand travels through creators and celebrities rather than drops: TikTok has whole tags for its pink pairs and for famous people wearing it, including K-pop idols. That kind of fame can move a lot of pairs without making any single pair scarce.

The buyers are not where you might expect

GOAT recorded buyer locations for 16,176 Maison Mihara Yasuhiro sales. Compared with all other footwear GOAT shipped to the same states, its buyers are more concentrated in the South and Mid-Atlantic than sneaker buyers overall, and less concentrated in New York.

Chicago is its top city on GOAT, ahead of Philadelphia and Brooklyn. It also skews to smaller feet: 32% of its GOAT pairs were under US size 8 in the last 90 days, against 20% of all other footwear.

Peterson went the other way

The Peterson, the Hank's lower-profile sibling, slid with it to a $132 StockX median in February 2026. Since August it has climbed back: $217 in September 2026, while the Hank sat at $171. Its StockX sales fell from 3,617 in July to 337 in September as the price rose. Colours are a different market again: the Peterson in red sold for a median $293 and in clear blue $282 in the last 90 days, but only 115 and 79 pairs.

What it means

For a buyer, most recent StockX sales of the Hank Black went below its launch retail, and StockX and GOAT prices for the identical pair have been far apart for a year. Our price checker shows each site's median, and the Hank Black page has its sales history. For sellers the gap runs the other way, before fees; the where to sell tool shows what each site pays out. These are past sales, not a forecast: the August 2026 rebound to $198 shows the price can turn.