Hilton Head Island-Bluffton-Port Royal

South Carolina ยท Ranked #254 of 373 metros

64Moderate
๐Ÿ’ก
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

๐Ÿ 

$454K

Need $134K income

Median Rent

๐Ÿ”‘

$1,687

Need $67K income

Building Permits

๐Ÿ”จ

3,046

annual

Median Income

๐Ÿ’ฐ

$81K

Pop: 255,009

Rent Burden

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21.6%

of renters paying >30%

Homeownership

๐Ÿก

75.0%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricHilton Head Island-Bluffton-Port RoyalNational
Price-to-Income Ratio5.62x6.1x
Rent Burden21.6%31.5%
Homeownership Rate75.0%65.5%
YoY Rent Change0%+2.8%
Mortgage Denial Rate0.0%13.5%
Eviction Rate0.0%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%