Hilton Head Homes 2025 Market Report

HILTON HEAD AREA Market Overview information provided by Hilton Head MLS and Hilton Head Area Association of Realtors®

One-year change in closed sales -1.9% One-year change in Median Sales Price -1.7% One-year change in Months Supply +32.4%

U.S. existing-home sales dipped 0.5% month-over-month and 2.0% year-over-year to a seasonally adjusted annual rate of 4.00 million units, according to the National Association of REALTORS® (NAR). Sales increased in the Midwest, decreased in the West and Northeast, and were unchanged in the South. Year-over-year, sales were down in every region except the Northeast.

New Listings were up 9.0 percent to 687. Pending Sales increased 13.7 percent to 591. Inventory grew 29.1 percent to 2,066 units.

Prices moved lower as Median Sales Price was down 1.7 percent to $562,500. Days on Market increased 11.5 percent to 58 days. Months Supply of Inventory was up 32.4 percent to 4.9 months.

Market Overview

Key market metrics for the current month and year-to-date figures.

Key Metrics

Historical Sparkbars

05-2024 05-2025 Percent Change

YTD 2024 YTD 2025 Percent Change

New Listings

687

3,528

630

+ 9.0%

+ 11.5%

3,165

5-2023

5-2024

5-2025

Pending Sales

591

2,421

520

+ 13.7% 2,449

- 1.1%

5-2023

5-2024

5-2025

Closed Sales

524

2,169

534

- 1.9% 2,281

- 4.9%

5-2023

5-2024

5-2025

Days on Market

58

64

+ 23.1%

52

+ 11.5% 52

5-2023

5-2024

5-2025

Median Sales Price

$572,500 $562,500

- 1.7% $542,000 $560,000

+ 3.3%

5-2023

5-2024

5-2025

Average Sales Price

$798,323 $772,702

- 3.2% $743,153 $820,580

+ 10.4%

5-2023

5-2024

5-2025

Pct. of List Price Received

97.3%

97.4%

97.7%

- 0.4% 97.9%

- 0.5%

5-2023

5-2024

5-2025

HILTON HEAD HOMES | 2025 3

Housing Affordability Index

57

58

- 1.7%

56

+ 1.8% 59

5-2023

5-2024

5-2025

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