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Cities with the most expensive homes in the Hilton Head Island metro area

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FOTOGRIN // Shutterstock
FOTOGRIN // Shutterstock

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in the Hilton Head Island metro area using data from . Charts show the monthly typical home value since January 2018. All 11 cities and towns with data available were included in the list.

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#11. Yemassee, SC

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#11. Yemassee, SC

- Typical home value: $196,752
- 1-year price change: +2.8%
- 5-year price change: +4.1%

#10. Early Branch, SC

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#10. Early Branch, SC

- Typical home value: $229,030
- 1-year price change: -3.0%
- 5-year price change: -10.7%

#9. Ridgeland, SC

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#9. Ridgeland, SC

- Typical home value: $319,475
- 1-year price change: -1.0%
- 5-year price change: +23.1%

#8. Port Royal, SC

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#8. Port Royal, SC

- Typical home value: $366,809
- 1-year price change: +7.2%
- 5-year price change: +46.6%

#6. Beaufort, SC

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#6. Beaufort, SC

- Typical home value: $413,383
- 1-year price change: +1.3%
- 5-year price change: +37.1%

#5. Hardeeville, SC

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#5. Hardeeville, SC

- Typical home value: $414,554
- 1-year price change: -6.8%
- 5-year price change: +34.8%

#4. Saint Helena Island, SC

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#4. Saint Helena Island, SC

- Typical home value: $487,929
- 1-year price change: +2.8%
- 5-year price change: +49.1%

#3. Bluffton, SC

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#3. Bluffton, SC

- Typical home value: $500,379
- 1-year price change: -0.6%
- 5-year price change: +32.5%

#1. Sheldon, SC

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#1. Sheldon, SC

- Typical home value: $2,307,767
- 1-year price change: +9.2%
- 5-year price change: +36.1%