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2024 Compare Cities Housing:
Hilton Head Island, SC vs Panama City Beach, FL

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Highlights
- The median age of a home in Hilton Head Island is 40.0% older than the median age of a home in Panama City Beach.

Housing
 Hilton Head Island, SCPanama City Beach, FLUnited States
 Median Home Age352142
 Median Home Cost$724,900$472,900$338,100
 Home Appr. Last 12 months25.6%25.0%16.6%
 Home Appr. Last 5 yrs.72.8%84.5%57.0%
 Home Appr. Last 10 yrs.110.8%136.4%101.1%
 Property Tax Rate$5.1$6.2$11.0
 Homes Owned43.8%23.6%57.4%
 Housing Vacant44.5%61.0%11.2%
 Homes Rented11.7%15.4%31.4%
 space
 Avg Rent For Home Or Apartment
 Hilton Head Island, SCPanama City Beach, FLUnited States
 Average Rent$1,880$2,060$1,840
 Studio Apartment$1,320$1,230$1,080
 1 Bedroom Home or Apartment$1,350$1,310$1,180
 2 Bedroom Home or Apartment$1,520$1,520$1,430
 3 Bedroom Home or Apartment$1,910$2,090$1,860
 4 Bedroom Home or Apartment$2,500$2,590$2,160
 space1
 Vacant Housing
 Hilton Head Island, SCPanama City Beach, FLUnited States
 Vacant For Rent6.2%4.0%1.9%
 Vacant Rented0.0%0.4%0.4%
 Vacant For Sale0.7%0.3%0.7%
 Vacant Sold0.3%0.6%0.4%
 Vacant Vacation36.4%53.4%3.6%
 Vacant Other1.0%2.3%4.1%
 space2
 Owner-Occupied Housing Value
 Hilton Head Island, SCPanama City Beach, FLUnited States
 Less Than $20,0002.6%1.5%2.6%
 $20,000 to $39,9990.8%0.3%2.4%
 $40,000 to $59,9991.2%1.5%2.8%
 $60,000 to $79,9990.4%0.7%3.9%
 $80,000 to $99,9991.4%0.0%4.5%
 $100,000 to $149,9993.6%5.9%11.3%
 $150,000 to $199,9995.9%11.3%13.0%
 $200,000 to $299,9997.8%32.5%20.1%
 $300,000 to $399,99912.3%27.8%13.6%
 $400,000 to $499,99911.6%12.5%8.3%
 $500,000 to $749,99928.6%4.7%9.7%
 $750,000 to $999,99910.3%1.1%3.9%
 $1,000,000 to $1,499,9997.5%0.0%2.2%
 $1,500,000 to $1,999,9992.5%0.0%0.8%
 $2,000,000 and over3.4%0.1%1.1%
 space3
 Housing Units By Year Built
 Hilton Head Island, SCPanama City Beach, FLUnited States
 2015 and Newer0.1%0.0%0.2%
 2010 to 201412.7%43.1%13.6%
 2000 to 200912.7%43.1%13.6%
 1990 to 199920.0%16.2%13.6%
 1980 to 198937.7%21.7%13.2%
 1970 to 197921.8%7.4%14.8%
 1960 to 196920.0%16.2%13.6%
 1950 to 19590.4%0.7%10.0%
 1940 to 19490.2%1.4%4.7%
 1939 or Earlier0.2%0.1%12.2%

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Reviews for Hilton Head Island    21 Reviews

Over 4 years ago

Unfortunately Beaufort county is full of transplanted northerners who do nothing but whine and cry about everything. They leave the north to come to the south and then  More

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We got a second home on Hilton Head Island 10 years ago to get away from the Canadian winter weather. It took about 3 days to realize this is where we want to be  More

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I have watched HHI change remarkably in the 40 years I have lived there. Development really started in 1979 and the early residents were explorers and drop outs who  More

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Reviews for Panama City Beach    12 Reviews

Over 5 years ago

I've lived here since 2001 and have seen many changes, mainly for the good. Although in the last couple years, and even more so after Hurricane Michael the cost of  More

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Over 5 years ago

I loved this area until I heard the property owners/corporations increased peoples rents between 30% to 90% that were still recovering from last years  More

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Over 11 years ago

Pannama city lived in the neighboring area 6 years loved it . I think you expect to much from such a small town as for the papermill you either put up with the smell or  More

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ZIPS IN HILTON HEAD ISLAND, SOUTH CAROLINA
29926 29928
ZIPS IN PANAMA CITY BEACH, FLORIDA
32413 32407

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