Collins Group Realty

Hilton Head Island, SC 29926

Single-Family Homes

Hilton Head, Bluffton & Beaufort Area Real Estate Specialists | (843) 341-6300


Hilton Head Island, SC 29926

Mon Dec 11 2023
This week the median list price for Hilton Head Island, SC 29926 is $899,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has held steady at or around 60. Click here to stay informed with the Hilton Head Island market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Hilton Head Island, SC 29926

Mon Dec 11 2023
This week the median list price for Hilton Head Island, SC 29926 is $899,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has held steady at or around 60. Click here to stay informed with the Hilton Head Island market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Hilton Head Island market.
Median List Price $899,000
Median Price of New Listings $955,000
Per Square Foot $363
Average Days on Market 78
Median Days on Market 53
Price Decreased 47%
Price Increased 2%
Relisted 3%
Inventory 60
Median Rent
Market Action 41
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,467,000 4,287 0.5 - 1 acre 4 4.5 24 2 1 84
$1,099,000 2,916 0.25 - 0.5 acre 4 3 25 2 3 42
$799,000 2,541 0.25 - 0.5 acre 3 3 24 1 2 56
$575,000 2,009 6,500 - 8,000 sqft 3 2.5 25 2 0 42