Is Hilton Head Island, SC 29928 a buyer’s or seller’s market?

The Hilton Head Island housing market right now

In the three months ending August 31, 2026, 5% of homes in Hilton Head Island, SC 29928 sold above their list price, the typical home went under contract in 56 days and there were 5.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 301 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (5% then), homes sold faster (69 days then) and the median sale price rose 2% to $719,689. Overall, Hilton Head Island is more competitive than a year ago, so tougher for buyers.

Within Beaufort County, homes here sell faster than in 80% of the county’s ZIP codes, and sell more often over asking than in 60%. On our competition score, Hilton Head Island ranks #168 of 191 SC ZIP codes with enough sales (score 14 out of 100).

Nearby, buyers who want less competition could look at Seabrook 29940 (0% sold over asking) or Daufuskie Island 29915 (0% sold over asking), while Beaufort 29906 (9% sold over asking) and Beaufort 29907 (9% sold over asking) are even more competitive.