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Hilton Head home sale prices dropped in March. What the housing market looks like

A new three-story, seven bedroom short-term rental shown here on Hickory Lane in South Forest Beach, Hilton Head Island on July 18, 2025. The property is adjacent to the Shell Midden Lane development.
A new three-story, seven bedroom short-term rental shown here on Hickory Lane in South Forest Beach, Hilton Head Island on July 18, 2025. The property is adjacent to the Shell Midden Lane development. The Island Packet

Home and condo prices on Hilton Head Island fell in March, shifting the market more favorably towards buyers.

The median sale price for detached homes on the island fell from $1.25 million in March 2025 to $1.2 million this year, according to data from the Hilton Head Area Association of Realtors. Condo and villa prices were also down 10.8%, falling from $577,500 in March 2025 to $515,000 this year, the Realtors’ association said.

Fewer homes and condos appeared on the market in March compared to the same month last year. New detached home listings were down 15.3% in March, from 131 in 2025 to 111 in 2026, and condo listings dropped from 140 last year to 123.

Closed sales for detached homes were flat, at 85, but year-to-date, closed sales are up 3.7%. Closed condo sales are down 8.1% year-to-date.

Inventory of detached homes fell to 239 in March from 272, and condo inventory was down just 0.5%, falling from 405 to 403.

Laura Finaldi
The Island Packet
Laura Finaldi is an award-winning reporter and editor whose career has taken her everywhere from manufacturing companies in Massachusetts to dairy farms in rural Florida. Before joining the Island Packet in 2025, she was an editor at Homes.com in Richmond, Virginia and covered retail and tourism in Sarasota, Florida for five years. She has been published in the Worcester Business Journal, the Richmonder, Virginia Business, the Boston Globe and USA Today. 
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