ZIP Code Market Report
29928 โ Hilton Head Island, SC
Data through February 2026 ยท Updated monthly
Avg Home Value
$771,052
โฒ 3.8% year-over-year
Month-over-Month
+0.2%
โฒ 0.2%
Single Family
$1,223,101
Condo / Co-op
$530,592
The average home value in the 29928 ZIP code (Hilton Head Island, South Carolina) is $771,052 as of February 2026. Home prices are rising, up 3.8% compared to last year.
A 3-bedroom home in 29928 is valued at $1,054,468. 1-bedroom units start around $397,320. Single-family homes average $1,223,101, while condos average $530,592.
The market in 29928 has a $1,411,689 spread between bottom-tier homes at $363,297 and top-tier homes at $1,774,986. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 29928 ZIP code will increase 0.3% over the next 12 months, bringing the projected average to approximately $773,365. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Beaufort County market area in South Carolina. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Beaufort County report.
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Market Snapshot
29928 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $767,997 | $769,803 | $771,052 | โฒ 0.4% |
| Single Family Value | $1,205,827 | $1,214,780 | $1,223,101 | โฒ 1.4% |
Home Values
29928 Home Value Trend
Historical home values for ZIP code 29928. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI ยท Updated monthly
By Bedroom
What Homes Cost in 29928
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 1 Bedroom | $397,320 |
| 2 Bedrooms | $541,917 |
| 3 Bedrooms | $1,054,468 |
| 4 Bedrooms | $1,867,857 |
Property Types
Home Values by Property Type in 29928
How different property types compare in this ZIP code.
All Homes
$771,052
Single Family
$1,223,101
Condo / Co-op
$530,592
Bottom Tier
$363,297
Top Tier
$1,774,986
Forecast
12-Month Home Value Forecast for 29928
Zillow projects home values in 29928 will increase 0.3% over the next year, reaching approximately $773,365.
Current Value
$771,052
Projected Change
+0.3%
โฒ 0.3%
Projected Value
$773,365
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 29928 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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