Hilton Head Island-Bluffton-Port Royal
South Carolina ยท Ranked #254 of 373 metros
64Moderate
๐ก
Housing in Hilton Head Island-Bluffton-Port Royal costs 5.62ร the median income, above the national average of 4.5ร. The median home price is $454K and median rent is $1,687/month. Hilton Head Island-Bluffton-Port Royal ranks #254 of 373 metros for affordability.
Median Home Price
๐$454K
Need $134K income
Median Rent
๐$1,687
Need $67K income
Building Permits
๐จ3,046
annual
Median Income
๐ฐ$81K
Pop: 255,009
Rent Burden
โ ๏ธ21.6%
of renters paying >30%
Homeownership
๐ก75.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Hilton Head Island-Bluffton-Port Royal | National |
|---|---|---|
| Price-to-Income Ratio | 5.62x | 6.1x |
| Rent Burden | 21.6% | 31.5% |
| Homeownership Rate | 75.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
Zillow Market Data
Home Value (ZHVI)
$513K
1yr: -0.7%5yr: +51.2%
Rent (ZORI)
$2,023/mo
1yr: +0.8%5yr: +40.9%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$485K
Active Inventory
2,292
Days on Market
82
Sold Above List
10.4%
Price Drops
23.6%