Hilton Head Island, SC

Buyer's market-15.7% YoY

Housing market overview · Updated weekly

$704,000median sale price

Homes sold

125

Last 12 weeks

Days on market

77

Average pace

Active listings

618

4.9 months supply

Sale-to-list

95.4%

Below asking

The Hilton Head Island housing market is currently classified as a buyer's market with a median sale price of $704,000. Prices have fallen 15.7% compared to last year, with homes spending an average of 77 days on market, indicating 4.9 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

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Frequently asked questions

What is the average home price in Hilton Head Island?

The median home sale price in Hilton Head Island is $704,000, down 15.7% from last year.

How long do homes stay on market in Hilton Head Island?

Homes typically spend 77 days on market before going under contract.

Is Hilton Head Island a buyer's or seller's market?

With 4.9 months of supply, Hilton Head Island is currently a buyer's market.

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