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

Thu Mar 23 2023
This week the median list price for Hilton Head Island, SC 29926 is $798,000 with the market action index hovering around 59. This is an increase over last month's market action index of 54. Inventory has decreased to 21. 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.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Hilton Head Island, SC 29926

Thu Mar 23 2023
This week the median list price for Hilton Head Island, SC 29926 is $798,000 with the market action index hovering around 59. This is an increase over last month's market action index of 54. Inventory has decreased to 21. 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.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Hilton Head Island market.
Median List Price $798,000
Median Price of New Listings $849,000
Per Square Foot $328
Average Days on Market 107
Median Days on Market 42
Price Decreased 38%
Price Increased 0%
Relisted 0%
Inventory 21
Median Rent
Market Action 59
Strong Seller's Market

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$2,250,000 4,406 0.5 - 1 acre 4 4.5 22 1 1 133
$999,000 2,855 0.25 - 0.5 acre 4 2.5 30 2 3 49
$759,000 2,129 6,500 - 8,000 sqft 3 2 40 1 3 7
$599,450 2,228 4,500 - 6,500 sqft 3 2.5 19 1 1 42