The median sale price of a home sold in June 2017 in Folly Beach rose by $119,000 while total sales decreased by 35.3%, according to BlockShopper.com.
In June 2017, there were 11 homes sold, with a median sale price of $705,000 – a 20.3% increase over the $586,000 median sale price for the same period of the previous year. There were 17 homes sold in Folly Beach in June 2016.
The median sales tax in Folly Beach for the most recent year with available data, 2015, was $4,233, approximately 0.6% of the median home sale price for June 2017.
The following table compares Folly Beach to other Charleston County cities with similar median sales prices in June 2017:
| City | June 2017 Home Sales | June 2016 Home Sales | % change (Total Home Sales) | June 2017 Median Sales Price | June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sullivan’s Island | 7 | 11 | -36.4% | $2,800,000 | $1,400,000 | 100% |
| Kiawah Island | 25 | 21 | 19% | $1,130,000 | $600,000 | 88.3% |
| Folly Beach | 11 | 17 | -35.3% | $705,000 | $586,000 | 20.3% |
| McClellanville | 1 | 3 | -66.7% | $700,000 | $210,000 | 233.3% |
| Isle of Palms | 24 | 37 | -35.1% | $697,500 | $675,000 | 3.3% |
| Seabrook Island | 22 | 20 | 10% | $492,500 | $402,750 | 22.3% |
| Hollywood | 6 | 9 | -33.3% | $435,000 | $249,000 | 74.7% |
| Mount Pleasant | 227 | 277 | -18.1% | $430,000 | $399,500 | 7.6% |
| Landsdowne | 1 | 2 | -50% | $372,500 | $180,000 | 106.9% |
| Ashley Forest | 1 | 0 | – | $340,000 | $0 | – |
| Riverland Terrace | 1 | 3 | -66.7% | $325,000 | $393,700 | -17.4% |
