The Housing Market of Hilton Head SC
Have you ever thought about living on the Oceanfront? What would it be like to live your best life in a coastal destination, soaking up the sun on some of the best beaches in the world? While many can only dream about such a place, others might have the opportunity to visit, or even live there. Many sites offer a beautiful Oceanfront view, but the Island of Hilton Head in South Carolina is something else. Pair that with world-class golf courses, amenities, and top-notch residential communities, and you just elevated your experience to a whole new level.
That is what you can expect to find on the Island town of Hilton Head SC. Many top listing sites and forums place Hilton Head amongst the best vacation destinations in the US. If you love the subtropical climate and coastline destinations, this island is a location to die for. Since it feels so fancy and upscale, you may be wondering about the real estate market in the area. From home types, prices, and vacation rentals, this is what the housing market of Hilton Head SC looks like.
Vacation rentals in Hilton Head, South Carolina
The island receives about 2.25 million visitors each year. From 40,000 people that inhabit the area in the offseason, the populations skyrocket to about 150,000 during the summer season. The Hilton Head Island of South Carolina offers a variety of attractions. You can learn about the history of South Carolina at the Coastal Discovery Museum, or you can lay back and relax on Coligny Beach Park, or maybe you want to explore the great outdoors at the Pinckney Island National Wildlife Refuge.
There are so many exciting things to do, and since we are talking about one of the most popular vacation islands in the US, it is only fair to talk about vacation rentals. There are numerous communities in Hilton Head SC, and all of them offer luxury and oceanfront beach houses. It is important to research beforehand to see if your rentals are pet friendly and to see what kind of amenities you can expect to find.
Forest Beach is one of the original beach communities of Hilton Head, and it is home to Coligny Plaza, the main area where you can walk through more than 100 grocery stores, outdoor cafes, and specialty shops. With bike trails, a clubhouse, and miles of beautiful stretches of beach, the Forest Beach is the perfect residential community.
The oceanfront homes available have 4 to 8 bedrooms, 3 to 7 bathrooms, and some of the features include swimming pools, boardwalks to the beach, and other top-notch amenities. This kind of setup rents out for a minimum of $2,500/week, and it can go up to $16,000/week.
Sea Pines is a world-class vacation resort that feels luxurious and exclusive. The community offers more than 40+ miles of biking trails, pristine beaches, shopping, dining, fully operational marinas, three public golf courses, and stables with a live petting zoo. On top of that, you have the famous South Beach, which provides fishing charters, water sports, and live entertainment.
Oceanfront homes often come with at least five bedrooms and five baths, and prices start anywhere around $6,000/week and go up to $29,000/week. However, you can also look up Sea Pines villas and condominiums that offer 1 to 2 bedrooms with a beautiful beachfront view and have a starting price of about $1,200/week.
Palmetto Dunes is a favorite vacation resort amongst families. It also provides access to gorgeous beaches, bike trails, world-class golf, and the famous Racquet Club, one of the most excellent US tennis resorts. Shopping and dining on the waterfront at Shelter Cove Harbour and Marina are possible, and the canoe and kayak rentals are great for a fishing or exploration trip in the 11-mile lagoon.
Villas and Oceanfront homes on Palmetto Dunes have 4 to 6 bedrooms, and the prices range anywhere from $2,500/week and it can go up to $18,000/week.Homes for sale in Hilton Head SC
If you are looking to become a proud homeowner in the resort town of Hilton Head, you should be aware that the island has some of the best gated residential communities. However, buying property on the island is a big step since the housing market comes at a high price. The median price value for homes in Hilton Head, South Carolina, is close to $450,000, and the average rent price is close to $2,300/month.
If you are looking for a rental property, you should be aware that about 56% of rented units are priced above $2,000 a month. Home prices vary depending on the location, amenities, and attractions surrounding the area. Here are some of the best residential communities on the Island.
Hilton Head Plantation
The gated community of Hilton Head Plantation stretches for about 4,000 acres along Port Royal Sound and the Intracoastal Waterway. The natural beauty of the Plantation is unmatched, and it’s residents enjoy about two miles of sand at Dolphin Head Beach. Sports activities, the Skull Creek Marina, Seabrook Farms, restaurants, biking, and jogging trails are just some of the amenities you can expect to see on the Plantation.
Homes for sale on the Plantation have a starting price of about $400,000 and can exceed $2M in some places.
Palmetto Hall Plantation
The gated residential community of Palmetto Hall Plantation is one of the few communities where residents own private golf carts for transportation. It is also one of the newest Plantations on the Island, and it is located next to Hilton Head Plantation. It spans for about 750 acres, and it holds plenty of attractions and amenities such as two golf courses, a clubhouse, a pavilion, and community pools.
Palmetto Hall is a close-knit community that embodies the charm of Lowcountry. The stunning surroundings are lined up with single-family homes and homesites with a southern style design with large front porches and inviting rear decks.
The Wexford Plantation is an exquisite residential community that holds about 450 homes. Residents in the area can become members at the $5.2 million clubhouses and benefit from having a unique harbor that provides access to the Intracoastal Waterway and the Atlantic Ocean. Home to a world-famous golf course designed by Willard Byrd, six famous tennis courts, the Wexford Plantation holds some of the most impressive homes on the Island. Grand homes and mansions with deepwater boat docks are what you can expect to find on the Plantation.
As impressive as it might be, the housing market of Hilton Head SC is not accessible for everyone. You have one of the top-rated island destinations along with beautiful waterfront housing and top-notch amenities. To get an idea of what the housing market has in store for you, get in touch with top real estate agents in Hilton Head SC to find out more about the gorgeous residential communities located on the Island.
Source: Free Articles from ArticlesFactory.com
ABOUT THE AUTHOR
I'm a member of the content team at RealEstateAgent.com, producing countless informative and trendy real estate articles.