Cities with the fastest growing home prices in Hilton Head Island metro area

Written by:
January 19, 2023
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Cities with the fastest growing home prices in Hilton Head Island metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Hilton Head Island-Bluffton, SC metro area using data from Zillow. Cities are ranked by 1-year price change as of December 2022. The typical home value in the United States increased over the last year by +8.4%% to $356,819. All 13 cities and towns with data available were included in the list.

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1 / 13
Stacker

#13. Garnett, SC

- 1-year price change: +$8,821 (+7.7%)
- 5-year price change: +$34,558 (+38.7%)
- Typical home value: $123,890 (#13 most expensive city in metro)
2 / 13
Stacker

#12. Yemassee, SC

- 1-year price change: +$13,723 (+11.4%)
- 5-year price change: +$46,105 (+52.4%)
- Typical home value: $134,092 (#12 most expensive city in metro)
3 / 13
Stacker

#11. Early Branch, SC

- 1-year price change: +$18,314 (+13.2%)
- 5-year price change: +$68,910 (+78.4%)
- Typical home value: $156,805 (#11 most expensive city in metro)
4 / 13
Stacker

#10. Ridgeland, SC

- 1-year price change: +$42,365 (+14.1%)
- 5-year price change: +$107,274 (+45.7%)
- Typical home value: $342,251 (#7 most expensive city in metro)
5 / 13
Stacker

#9. Hardeeville, SC

- 1-year price change: +$44,246 (+17.8%)
- 5-year price change: +$96,795 (+49.3%)
- Typical home value: $293,196 (#10 most expensive city in metro)

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6 / 13
Stacker

#8. Seabrook, SC

- 1-year price change: +$45,054 (+16.2%)
- 5-year price change: +$109,667 (+51.6%)
- Typical home value: $322,332 (#8 most expensive city in metro)
7 / 13
Stacker

#7. Port Royal, SC

- 1-year price change: +$46,710 (+18.3%)
- 5-year price change: +$135,384 (+81.6%)
- Typical home value: $301,280 (#9 most expensive city in metro)
8 / 13
Stacker

#6. Beaufort, SC

- 1-year price change: +$50,238 (+16.6%)
- 5-year price change: +$136,287 (+63.1%)
- Typical home value: $352,252 (#6 most expensive city in metro)
9 / 13
Stacker

#5. Bluffton, SC

- 1-year price change: +$81,407 (+20.5%)
- 5-year price change: +$201,256 (+72.5%)
- Typical home value: $478,973 (#4 most expensive city in metro)
10 / 13
Stacker

#4. Saint Helena Island, SC

- 1-year price change: +$88,368 (+24.2%)
- 5-year price change: +$188,120 (+70.8%)
- Typical home value: $453,649 (#5 most expensive city in metro)

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11 / 13
Stacker

#3. Okatie, SC

- 1-year price change: +$128,278 (+23.1%)
- 5-year price change: +$281,595 (+70.0%)
- Typical home value: $683,864 (#3 most expensive city in metro)
12 / 13
Stacker

#2. Hilton Head Island, SC

- 1-year price change: +$134,402 (+21.2%)
- 5-year price change: +$352,725 (+84.8%)
- Typical home value: $768,433 (#2 most expensive city in metro)
13 / 13
Stacker

#1. Sheldon, SC

- 1-year price change: +$370,163 (+18.8%)
- 5-year price change: +$852,158 (+57.3%)
- Typical home value: $2,338,410 (#1 most expensive city in metro)

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