Home Values

29906 Home Prices & Values

Zillow Home Value Index

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

$152,700

  • 0.5% 1-year change
  • None 1-year forecast

The median home value in 29906 is $152,700. 29906 home values have gone up 0.5% over the past year. The median list price per square foot in 29906 is None. The median rent price in 29906 is $1,200, which is lower than the Hilton Head Island Metro median of $1,300.

Foreclosures will be a factor impacting home values in the next several years. In 29906 2.4 homes are foreclosed (per 10,000). This is lower than the national value of 3.0

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 29906 homeowners underwater on their mortgage is 27.8%.

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Relative ZHVI
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29906 Market Overview

Data through Mar 31, 2015
  • $152,700 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • No recent data Median sale price
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29906 Market Health

Data through Mar 31, 2015
  • 0.5/10 Less healthy
    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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 27.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

2.4 homes 29906
3 homes United States
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Nearby Zip Codes

Name Median ZHVI
29926 $371,800
29920 $329,200
29940 $254,100
Name Median ZHVI
29909 $234,500
29907 $215,200
29910 $199,800
Name Median ZHVI
29902 $161,800
29935 $136,800
 

Listings & Sales

  • No data
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29906 Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,218 29906
    $1,594 Hilton Head Island Metro
    $1,362 United States

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

  • 1.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,200 Rent list price
  • $0.79 Rent list price / sq ft
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