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Hilton Head Island town, SC

ZIP 29928 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 29928

Median Home Value
$776,600
Median Rent
$1,659
Affordability Snapshot
$214,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,989/mo PITI).

20%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

7.9x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

39.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 29928 in Hilton Head Island town, SC, a household would need roughly $214,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $4,989. That is about 118% above the local median household income ($97,979), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 59% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
83.5%+28% vs US avg
x
Vacancy Rate
58.9%+472% vs US avg
x
Broadband Access
93.2%+7% vs US avg
x
4+ Bedrooms
5.8%-61% vs US avg
x
Built Pre-1939
0.4%-97% vs US avg
x
Built Post-2014
0.8%-89% vs US avg
x
Rent Burden >30%
14.5%-71% vs US avg
x
Mortgage-Free
48.4%+27% vs US avg
x
$776,600
Home Value
$1,659
Rent
1985
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached38.7%
  • 1-unit attached7.9%
  • 2-9 units17.7%
  • 10+ units34.3%
  • Mobile home & other1.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$776,600
Median rent$1,659
Owner-occupied83.5%
Vacant58.9%
Price-to-income7.9x
Est. income to buy$214,000