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Bluffton Real Estate Market Forecast 2023

Thomas M. Kersey | September 13, 2022

Bluffton, South Carolina, is a town in the Lowcountry region of the state. It is known for its natural beauty and as a popular tourist destination, and Bluffton's economy is based mainly on tourism and agriculture. The Bluffton, SC real estate market is expected to grow steadily over the next few years, with prices increasing and new development projects coming into fruition. This market forecast will provide an overview of the Bluffton real estate market and its future prospects.

The Bluffton real estate market has experienced substantial growth in recent years. The median listing price of homes for sale in Bluffton is $487,000, which is an increase of 11% from the previous year. The average price per square foot for Bluffton homes is $201, an increase of 10.4% from the prior year. The Bluffton, SC cost of living is slightly higher than the national average. Bluffton's population is growing by 8.7% per year, and the town's economy is also expected to continue growing.

The appeal of Bluffton real estate

The Bluffton, SC real estate market is expected to grow steadily over the next few years. Bluffton offers an excellent quality of life and is a beautiful place to live. There are many new development projects in the works that will result in even more people seeking homes for sale in Bluffton. The current Bluffton real estate market has new buyers acting fast because inventory is limited. Although the Bluffton SC cost of living is competitive with other coastal communities.

The Bluffton SC real estate market is driven by the town’s quaint and charming character, the fabulous amenities for active lifestyles, and the great location near popular beachfront destinations. The natural beauty, fantastic upscale homes, excellent schools, and family-friendly vibe give the residents of Bluffton an outstanding quality of life. Many of Bluffton’s most exclusive communities are gated, feature luxurious homes on golf courses or waterfronts, and treat residents to high-end resort-style amenities like fitness centers, zero-entry pools, and more!

Bluffton also offers residents a great variety of fine restaurants, stylish bars, and entertainment venues. High-end shopping options range from small boutiques to larger retail shopping centers, making it convenient for locals and visitors to find everything they need nearby. The area also offers exceptional outdoor recreation with a variety of parks and green spaces, as well as many excellent golf courses. Bluffton is just 12 minutes away from the gorgeous beaches on Hilton Head Island. All of these characteristics make homes for sale in Bluffton, SC, highly sought-after and will facilitate this community's long-term appeal and continued growth.

Master-planned communities

The town is home to some of the best master-planned communities in the state, adding to Bluffton's growth and desirability. Some of the most luxurious master-planned communities in Bluffton include:

1. Colleton River Club: This beautiful community is one of Bluffton's most exclusive gated communities. Colleton features expansive estate homes that don’t skimp on high-end luxuries. The community has two championship golf courses designed by Pete Dye and Jack Nicholas and a tremendous par-3 course. The community also has a fitness center, racquet courts, and a beautiful swimming pool.

2. Berkeley Hall: Berkeley Hall is one of the most luxurious communities in Bluffton. The community is located along the banks of the beautiful Okatie River and offers estate-sized homes on large lots with premium finishes and features. Berkeley Hall has a clubhouse, swimming pool, tennis courts, and golf course.

3. Hampton Hall: Hampton Hall is a world-class golf community with beautiful, elegant homes. The community offers a variety of amenities, including a clubhouse, indoor and outdoor swimming pools, tennis courts, and championship golf.

4. Hampton Lake is one of Bluffton's most lauded and sought-after communities. Hampton Lake is centered around a gorgeous 227-acre lake. The lake offers residents opportunities for boating, fishing, and sunbathing. The community has onsite dining, an immense pool with a lazy river, and luxurious estate homes on large lots.

There are many other fabulous communities like these. There’s a community that will appeal to every preference. A local real estate agent can assist you in identifying great communities that provide your desired amenities and find the perfect Bluffton homes for sale.

New development projects

The Bluffton, SC real estate market appeals to those seeking a luxurious lifestyle, world-class golf communities, fine dining and shopping options, and convenient proximity to some of the most excellent beaches on the east coast. New residential and municipal development projects coming into fruition are designed to enhance the community's desirability further.

The Bluffton Parkway is being expanded to improve accessibility and simplify commuting for residents and visitors to the community. The initial phases will provide an alternate east/west route through the county. Ultimately, the project will connect Bluffton Parkway with I-95. The county is currently improving existing streetscapes and parks and planning to construct additional parks, trails, and green spaces throughout the community.

To keep the quality of education high and accommodate more families moving to the area, Beaufort County is continually assessing the need for expansions and improvements to existing schools and planning to construct new schools. The most recent projects include expanding River Ridge Academy and May River High School.

Additional development plans include unique modern hotels, more luxurious residential communities, and additional planned retail plazas. With new development projects coming online, more and more people are looking for Bluffton homes for sale. With the expected growth in The Bluffton real estate market over the next few years, it’s a great time to invest in property in the town.

Finding a home in Bluffton

Bluffton is a great place to live, work, and raise a family. The town offers a high quality of life and is growing rapidly. If you're looking for a luxurious lifestyle, Bluffton has plenty to offer, from world-class golf communities to fine dining and shopping. And if that's not enough, Bluffton is also home to some of the best master-planned communities in the state. Now is a great time to buy if you're in the market for a home or investment property in Bluffton. Contact Thomas Kersey to learn more about the Bluffton real estate market.

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