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Hilton Head, SC Real Estate


According to census data in the year 2000 there were 24,663 housing units in Hilton Head. This represents a 14.7% growth from 21,509 in 1990.

Of those housing units, 24,663 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Hilton Head is about 77.7%. Hilton Head's vacancy rate, including seasonal lodging, is about 41.6%. Average household size is 2.31 people.

The majority of houses, apartments or condos in Hilton Head were built after 1986.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom7.80%
Two Bedrooms34.50%
Three Bedrooms42%
Four Bedrooms12.10%
Five Bedrooms or more2.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.25
Median year structure was built1987
Median Value of occupied units$319,800
Median Price asked for vacant units$311,100

Rented Homes, Apartments and Condos

Average Household Size2.54
Median year structure was built1983
Median Monthly Rent asked for vacant units$1,124

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage5.60%
Home Equity Loan12.40%
Simple Mortgage46.60%
Debt Free35.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.5%