Housing Affordability Index
This index measures housing affordability for the region. For example, an index of 120 means the median household income is 120 % of what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.
November Year to Date
88 89
84 84
79
75
2015 2016 2017
2015 2016 2017
- 3.3 %- 4.5 %- 10.7 %- 5.3 %- 5.6 %- 6.0 %
Affordability Index Prior Year Percent Change
December 2016 |
79 |
82 |
-3.7% |
January 2017 |
79 |
81 |
-2.5% |
February 2017 |
85 |
87 |
-2.3% |
March 2017 |
80 |
91 |
-12.1% |
April 2017 |
77 |
87 |
-11.5% |
May 2017 |
79 |
85 |
-7.1% |
June 2017 |
79 |
86 |
-8.1% |
July 2017 |
82 |
90 |
-8.9% |
August 2017 |
80 |
87 |
-8.0% |
September 2017 |
80 |
88 |
-9.1% |
October 2017 |
75 |
85 |
-11.8% |
November 2017 |
75 |
84 |
-10.7% |
12-Month Avg |
79 |
86 |
-8.0% |
Historical Housing Affordability Index by Month
110
100
90
80
70 |
|
|
|
04-2014 |
04-2015 |
04-2016 |
04-2017 |
Current as of December 10, 2017. Data is Copyright © 2017 All Rights Reserved. MLS of Hilton Head Island. Provided by the Hilton Head Area Association of REALTORS ® and South Carolina REALTORS ®. Report © 2017 ShowingTime. | 10