Hilton Head Island, SC Home Values & Market Trends

Real estate market trends reflect that there have been 1,984 transactions over the past year in Hilton Head Island. The median value for residential home transactions that occurred over the previous year is $786,709.53. The number of current listings in Hilton Head Island is 292, and the percentage of properties for sale in the city is 292.00%. Hilton Head Island, SC currently has 34 properties in foreclosure, 2 bank owned properties, 3 properties headed for auction, and 292 properties for sale.

Hilton Head Island, SC Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
29928

$ 729,000

$ 508/sqft

29938

$ --

$ --

29926

$ 877,154

$ 356/sqft

Housing Market Summary for Hilton Head Island, SC

Apr 2023March 2024Change
Median Listing Price$700K$754.1K7.72%
Median Sold Price$720.7K$754.1K4.62%
Homes For Sale16924746.15%
Homes Sold1,2451,039-16.55%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Hilton Head Island, SC

Hilton Head Island home values range from $13,976 to $31,598,686. The median estimated value of a home in Hilton Head Island is $786,709.53. The median list price of a home is 713,500, and the total count of properties in the city is 32,056.

Foreclosure
There are 3 zips within Hilton Head Island, SC; within these zips, the median estimated home value for homes in foreclosure ranges from $1,114,935 in 29928 to the lowest value of $161,025 in 29928. Foreclosure homes account for 0.00% of properties in Hilton Head Island, SC with 29926 containing 17 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.09% of all residential properties in Hilton Head Island, SC with 29926 containing 15 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Hilton Head Island, SC; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,114,935 in 29926 to the lowest home value of $161,025 in 29928.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Hilton Head Island, SC ranges from the highest value of $903,822 in 29926 to the lowest value of $710,349 in 29928. Bank owned homes and properties account for 0.01% of properties in Hilton Head Island, SC. There are 3 zips within Hilton Head Island, SC; 29926 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    29928 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Hilton Head Island, SC. Auction homes and other auction properties account for 0.01% of all properties in Hilton Head Island, SC. There are 3 zips within Hilton Head Island, SC; of those zips, the median estimated home value for homes going to auction ranges from $696,215 in 29926 to the lowest value of $317,659 in 29926.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.91% of residential properties in Hilton Head Island, SC with 29928 containing 217 homes for sale, the highest number of listed properties in a single zip. There are 3 zips within Hilton Head Island, SC; homes for sale in those zips, have a range of median values from $7,412,724 in 29926 to the lowest value of $189,000 in 29928.
    Sold Homes
    The median value for recently sold homes ranges from $5,492,390 in 29926 to the lowest price of $45,086 in 29926. There are 3 zips within Hilton Head Island, SC. 29928 has 666 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.25% of properties in Hilton Head Island, SC.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Hilton Head Island, SC
      $
      $

      Guide for Hilton Head Island, SC

      Market Reports
      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      Home Buying Guides & Tips
      South Carolina Foreclosure Laws
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      See More Articles
      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      Market Reports|posted 4 April 2024

      The Charleston real estate market has displayed notable fluctuations in property values, with trends for sales volume, square foot costs, and average sale price showing a general upward trajectory.

      South Carolina Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      South Carolina Foreclosure Laws

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.