Hilton Head Island, SC (29928) has a median housing value of $723,200, which is more than double the US median housing value of $338,100. This reveals that the housing market in Hilton Head Island is significantly more expensive than the national average. Furthermore, the past year's house appreciation rate in Hilton Head Island was 17.40%, which is higher than the national 1 year house appreciation rate of 8.27%. This indicates that demand for housing in this area is high and that prices may continue to rise in the near future.
The median home cost in Hilton Head Island (zip 29928) is $723,200. Home appreciation the last 10 years has been 110.8%. Home Appreciation in Hilton Head Island (zip 29928) is up 25.6%.
Average Age of Homes
- The median age of Hilton Head Island (zip 29928) real estate is 33 years old
The Rental Market in Hilton Head Island (zip 29928)
- Renters make up 9.2% of the Hilton Head Island (zip 29928) population
- 8.9% of houses and apartments in Hilton Head Island (zip 29928), 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.