Hilton Head Island Home Prices & Values

$351,200 Zillow Home Value Index What's This?  
Close

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.6% 1-year change
  • No data 1-year forecast

The median home value in Hilton Head Island is $351,200. Hilton Head Island home values have gone up 1.6% over the past year. The median list price per square foot in Hilton Head Island is $238, which is higher than the Hilton Head Island Metro average of $177. The median price of homes currently listed in Hilton Head Island is $479,000 while the median price of homes that sold is $342,000.

Foreclosures will be a factor impacting home values in the next several years. In Hilton Head Island 4.2 homes are foreclosed (per 10,000). This is lower than the national value of 4.4

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Hilton Head Island is 7.5%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Hilton Head Island homeowners underwater on their mortgage is 14.2%.

more
Relative ZHVI
- +

Hilton Head Island Market Overview

Data through Jul 31, 2014
  • $351,200 ZHVI
  • No data 1-yr forecast
  • $479,000 Median listing price
  • $342,000 Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Hilton Head Island Market Health

Data through Jul 31, 2014
  • 2.4/10 Less healthy What's This?  
    Close

    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • 14.2% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 7.5% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

4.2 homes Hilton Head Island
4.4 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Tybee Island $374,000 Okatie $239,200 Wilmington Island $231,700
Bluffton $205,400 Whitemarsh Island $178,800 Shell Point $162,100
Burton $146,300 Port Royal $127,500 Laurel Bay $121,000

Listings & Sales

Data through Jul 31, 2014
  • $238 Median list price / sq ft
  • $183 Median sale price / sq ft
  • 41.1% Listings with price cut
32.6%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Hilton Head Island Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,760 Hilton Head Island
$1,506 Hilton Head Island Metro
$1,318 United States
  • 3.0 Breakeven horizon What's This?  
    Close

    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • No data Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading