The median sale price of a home sold in October 2021 in Folly Beach fell by $112,000 while total sales decreased by 50%, according to BlockShopper.com.
In October 2021, there were four homes sold, with a median sale price of $533,000 – a 17.4% decrease over the $645,000 median sale price for the same period of the previous year. There were eight homes sold in Folly Beach in October 2020.
The median sales tax in Folly Beach for the most recent year with available data, 2019, was $4,829, approximately 0.9% of the median home sale price for October 2021.
The following table compares Folly Beach to other Charleston County cities with similar median sale prices in October 2021:
| City | Oct. 2021 Home Sales | Oct. 2020 Home Sales | % change (Total Home Sales) | Oct. 2021 Median Sales Price | Oct. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Isle of Palms | 9 | 40 | -77.5% | $1,050,000 | $845,625 | 24.2% |
| Kiawah Island | 7 | 36 | -80.6% | $599,000 | $594,750 | 0.7% |
| Edisto Island | 1 | 5 | -80% | $536,000 | $447,000 | 19.9% |
| Folly Beach | 4 | 8 | -50% | $533,000 | $645,000 | -17.4% |
| Mount Pleasant | 92 | 213 | -56.8% | $522,500 | $480,000 | 8.9% |
| Riverland Terrace | 1 | 1 | 0% | $505,000 | $535,000 | -5.6% |
| Seabrook Island | 11 | 26 | -57.7% | $491,000 | $567,000 | -13.4% |
| Awendaw | 1 | 1 | 0% | $450,000 | $334,000 | 34.7% |
| Chesterfield | 2 | 3 | -33.3% | $430,000 | $355,000 | 21.1% |
| James Island | 12 | 30 | -60% | $411,000 | $351,750 | 16.8% |
| Landsdowne | 1 | 1 | 0% | $405,000 | $418,000 | -3.1% |
