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 Type | 1.30% |
| One Bedroom | 7.80% |
| Two Bedrooms | 34.50% |
| Three Bedrooms | 42% |
| Four Bedrooms | 12.10% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.25 |
| Median year structure was built | 1987 |
| Median Value of occupied units | $319,800 |
| Median Price asked for vacant units | $311,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1983 |
| Median Monthly Rent asked for vacant units | $1,124 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 5.60% |
| Home Equity Loan | 12.40% |
| Simple Mortgage | 46.60% |
| Debt Free | 35.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.5% |
