The median sale price of a home sold in July 2021 in Folly Beach fell by $31,500 while total sales decreased by 76.5%, according to BlockShopper.com.
In July 2021, there were four homes sold, with a median sale price of $618,500 – a 4.8% decrease over the $650,000 median sale price for the same period of the previous year. There were 17 homes sold in Folly Beach in July 2020.
The median sales tax in Folly Beach for the most recent year with available data, 2019, was $4,829, approximately 0.8% of the median home sale price for July 2021.
The following table compares Folly Beach to other Charleston County cities with similar median sale prices in July 2021:
| City | July 2021 Home Sales | July 2020 Home Sales | % change (Total Home Sales) | July 2021 Median Sales Price | July 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Meggett | 1 | 3 | -66.7% | $904,500 | $490,000 | 84.6% |
| Isle of Palms | 18 | 34 | -47.1% | $881,000 | $797,500 | 10.5% |
| Kiawah Island | 9 | 32 | -71.9% | $799,000 | $716,250 | 11.6% |
| Awendaw | 1 | 1 | 0% | $725,000 | $40,000 | 1712.5% |
| Seabrook Island | 16 | 40 | -60% | $719,500 | $355,000 | 102.7% |
| Folly Beach | 4 | 17 | -76.5% | $618,500 | $650,000 | -4.8% |
| Edisto Island | 3 | 3 | 0% | $600,000 | $480,000 | 25% |
| Ravenel | 1 | 2 | -50% | $585,000 | $357,500 | 63.6% |
| Edgewater Park | 1 | 0 | – | $580,000 | $0 | – |
| Laurel Park | 2 | 1 | 100% | $570,500 | $170,000 | 235.6% |
| Sullivan’s Island | 2 | 2 | 0% | $562,500 | $2,307,500 | -75.6% |
