Hilton Head Island, SC—29926
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Hilton Head Island, SC
Home Price Trends — Hilton Head Island, SC
As of Oct '25, the median home price in Hilton Head Island, SC is $746,000, with a year-over-year change of 1.7%. This indicates that home prices in Hilton Head Island, SC are increasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $746,000 | 1.7% |
| Single Family | $838,000 | 1.3% |
| Condos | $329,000 | 0.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $642,000 | 5.4% |
2 Bed | $317,000 | 0.3% |
3 Bed | $786,000 | 0.9% |
4 Bed | $1,096,000 | 1.3% |
| 5 Bed | $1,476,000 | 1.7% |
% of Housing Stock
Rental Trends — Hilton Head Island, SC
As of July '25, Rentcast reports the average rent in Hilton Head Island, SC is $3,140, with a year-over-year rent change of -1.9%. Per bedroom, the median rent as of July '25 in Hilton Head Island, SC is studios: $2,100, 1-bedrooms: $2,900, 2-bedrooms: $2,100, 3-bedrooms: $3,460, 4-bedrooms: $4,480. The most common rental property sizes in Hilton Head Island, SC are 3-bedroom and 2-bedroom, accounting for 33.6% and 28.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,900 | $3,140 |
| Studio Rent | $2,100 | $2,100 |
| 1 Bed Rent | $2,900 | $2,900 |
| 2 Bed Rent | $2,100 | $2,100 |
| 3 Bed Rent | $3,500 | $3,460 |
| 4 Bed Rent | $4,000 | $4,480 |
% of Rental Stock
Property Listings — Hilton Head Island, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Hilton Head Island, SC is 76. This is a increase of 22.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $699,000 | 3.0% |
Listing Count | 270 | 20.0% |
| Listings as % of Homes | 1.1% | 20.0% |
Days on Market | 76 | 22.0% |
Demographics — Hilton Head Island, SC
As of the latest ACS Survey released in 2023, Hilton Head Island, SC has a population of 25,200, which has decreased by -2.7% over the past 5 years. Hilton Head Island, SC is a less popular place for families, as children make up 14.6% of the population. The area has a highly educated workforce, with 52.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,200 | -2.7% |
% Under 18 | 14.6% | -8.8% |
% Seniors | 36.0% | 7.5% |
% WFH | 14.0% | 62.8% |
% w/ College Degree | 52.0% | 7.7% |
As of the latest ACS Survey released in 2023, Hilton Head Island, SC is a predominantly white area, with 70.2% of the population identifying as white. The white population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Hilton Head Island, SC is hispanic, making up 19.2% of the population. Foreign-born residents account for 13.9% of the population in Hilton Head Island, SC, and this percentage has increased by 20.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 70.2% | -4.9% |
% Black | 8.5% | -5.6% |
% Hispanic | 19.2% | 24.7% |
% Asian | 0.5% | 25.0% |
% Foreign Born | 13.9% | 20.9% |
Mortgage and Risk — Hilton Head Island, SC
According to HUD data as of 2023, there were 522 mortgage originations in Hilton Head Island, SC, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Hilton Head Island, SC. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 522 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 3.0% |
% Second Loans | 11.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Hilton Head Island, SC
As of 2024, the percent of homes in Hilton Head Island, SC under the Section 8 program is 5.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Hilton Head Island, SC, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 194 |
Total Units Section 8 | 118 |
% Rentals under Section 8 | 5.0% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$1,140 | $2,900 | $1,760 |
| 2 Bedroom | -$150 | $2,100 | $1,950 |
| 3 Bedroom | -$1,150 | $3,500 | $2,350 |
| 4 Bedroom | -$1,000 | $4,000 | $3,000 |
Affordability — Hilton Head Island, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.4 |
| Median Home Price | $746,000 |
| Median Household Income | $102,000 |