Hilton Head Island, SC is an affluent area with a high median house value of $724,900. This is more than twice the US median house value of $338,100. The US housing appreciation rate over the last year was 8.27%, but in Hilton Head Island it was even higher at 17.40%. This shows that real estate in Hilton Head Island is in strong demand and is a desirable location for homeowners and investors alike.
The median home cost in Hilton Head Island is $724,900. Home appreciation the last 10 years has been 110.8%. Home Appreciation in Hilton Head Island is up 25.6%.
Average Age of Homes
- The median age of Hilton Head Island real estate is 31 years old
The Rental Market in Hilton Head Island
- Renters make up 13.8% of the Hilton Head Island population
- 6.2% of houses and apartments in Hilton Head Island, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.