The median sale price of a home sold in March 2019 in Folly Beach fell by $213,750 while total sales increased by 20%, according to BlockShopper.com.
In March 2019, there were six homes sold, with a median sale price of $536,250 – a 28.5% decrease over the $750,000 median sale price for the same period of the previous year. There were five homes sold in Folly Beach in March 2018.
The median sales tax in Folly Beach for the most recent year with available data, 2015, was $4,233, approximately 0.8% of the median home sale price for March 2019.
The following table compares Folly Beach to other Charleston County cities with similar median sales prices in March 2019:
| City | Mar. 2019 Home Sales | Mar. 2018 Home Sales | % change (Total Home Sales) | Mar. 2019 Median Sales Price | Mar. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sullivan’s Island | 4 | 8 | -50% | $1,905,000 | $1,932,500 | -1.4% |
| Isle of Palms | 20 | 33 | -39.4% | $966,250 | $774,000 | 24.8% |
| McClellanville | 3 | 3 | 0% | $865,000 | $24,000 | 3504.2% |
| Folly Beach | 6 | 5 | 20% | $536,250 | $750,000 | -28.5% |
| Edisto Island | 5 | 1 | 400% | $475,000 | $660,000 | -28% |
| Kiawah Island | 3 | 16 | -81.3% | $440,000 | $716,250 | -38.6% |
| Mount Pleasant | 97 | 176 | -44.9% | $430,000 | $379,000 | 13.5% |
| Ashley Forest | 1 | 1 | 0% | $395,000 | $370,000 | 6.8% |
| Ravenel | 1 | 3 | -66.7% | $375,000 | $210,000 | 78.6% |
| Laurel Park | 1 | 1 | 0% | $375,000 | $370,000 | 1.4% |
| Meggett | 1 | 0 | – | $365,000 | $0 | – |
