Collins Group Realty

Hilton Head Island, SC 29928

Condos/Townhomes

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


Hilton Head Island, SC 29928

Fri May 09 2025
This week the median list price for Hilton Head Island, SC 29928 is $432,000 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has increased to 320. 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

Market Narrative

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Hilton Head Island, SC 29928

Fri May 09 2025
This week the median list price for Hilton Head Island, SC 29928 is $432,000 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has increased to 320. 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

Market Narrative

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the Hilton Head Island market.
Median List Price $432,000
Median Price of New Listings $399,000
Per Square Foot $489
Average Days on Market 110
Median Days on Market 63
Price Decreased 39%
Price Increased 1%
Relisted 4%
Inventory 320
Median Rent
Market Action 30
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
$812,500 1,426 0 - 4,500 sqft 2 2.5 43 4 5 49
$525,000 1,118 - 2 2 45 6 8 77
$365,000 757 - 2 2 45 6 3 56
$279,500 592 - 1 1 45 5 3 73