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Housing in Fripp Island · A buyer's market

A typical Fripp Island home is worth roughly $671,000

Homes typically sell in 152 days, below asking.

Typical home value
$671K
▼ 12.2% in a year · SC $259K
Estimate
Median sale price
$662K
May 2026 · Redfin
Days on market
152
Slower than SC (72)
Sale-to-list
97.3%
Homes sell below asking
Homes sold
10
in May · 68 for sale
2-bedroom rent
$1,640
a month, utilities in · HUD
Median tax bill
$3,321
SC $1,251

What kind of housing town is Fripp Island?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 6.5 years of income

More than across South Carolina (3.7 years). Try your own numbers below.

You could afford about
$425,000
Typical Fripp Island home $671K

That’s $246K short of a typical Fripp Island home.

The typical home, each month
$3,800
Loan $3,320Tax $280Insurance $200

A two-bedroom rents for about $1,640 a month here, $2,160 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Fripp Island’s typical property tax (0.49% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

99% of Fripp Island households own their home

Half of Fripp Island’s homes were built before 1994.

Owners and renters
Own 99%Rent 1%

South Carolina: 72% own.

1994
typical home built · SC 1992
$3,321
median property tax bill · SC $1,251
0.49%
of a home’s value, a year in tax · SC 0.48%
61%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Price trend

Home prices up 65% in 5 years

The federal house price index for the ZIP code around Fripp Island rose 65% over the past 5 years, faster than across South Carolina (60%). Last year prices fell 12%.

Fripp Island areaSouth Carolina
0%+50%+100%+150%+200%200020052010201520202025
−12%
past year
+65%
past 5 years
+98%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Fripp Island, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Market temperature

A buyer's market

More homes are for sale than are selling — about 7 months of supply. Buyers have room to negotiate.

Buyer’s marketA buyer's marketBuyer’sSeller’s

Under ~4 months of supply favors sellers; over ~6 favors buyers.

6.8
months of supply · SC 4.4
152
days to sell · SC 72
97.3%
of asking price, at sale
0%
sold above asking
0%
under contract within 2 weeks
15
new listings in May

Redfin Data Center, all residential sales, May 2026.

Renting

A two-bedroom rents for about $1,640

Fair Market Rent a month, utilities included

Studio$1,430
1 bedroom$1,490
2 bedrooms$1,640
3 bedrooms$1,980
4 bedrooms$2,530
1%
of households rent · SC 28%
6
renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Beaufort County, SC HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Neighbors talk housing

What Fripp Island buyers, sellers and renters are saying.

Town Square →
Weigh in
The data says Fripp Island is a buyer's market. Is that what you’re seeing?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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