The median sale price of a home sold in May 2019 in Isle of Palms fell by $21,060 while total sales increased by 214.3%, according to BlockShopper.com.
In May 2019, there were 22 homes sold, with a median sale price of $669,750 – a 3% decrease over the $690,810 median sale price for the same period of the previous year. There were seven homes sold in Isle of Palms in May 2018.
The median sales tax in Isle of Palms for the most recent year with available data, 2015, was $5,408, approximately 0.8% of the median home sale price for May 2019.
The following table compares Isle of Palms to other Charleston County cities with similar median sales prices in May 2019:
| City | May 2019 Home Sales | May 2018 Home Sales | % change (Total Home Sales) | May 2019 Median Sales Price | May 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sullivan’s Island | 5 | 2 | 150% | $1,706,290 | $1,842,500 | -7.4% |
| Meggett | 1 | 1 | 0% | $1,210,000 | $800,000 | 51.3% |
| Edisto Island | 2 | 1 | 100% | $1,060,000 | $83,000 | 1177.1% |
| Kiawah Island | 19 | 7 | 171.4% | $950,000 | $2,050,000 | -53.7% |
| Isle of Palms | 22 | 7 | 214.3% | $669,750 | $690,810 | -3% |
| Hollywood | 2 | 1 | 100% | $592,000 | $740,000 | -20% |
| Ashley Forest | 2 | 0 | – | $588,750 | $0 | – |
| Chesterfield | 1 | 0 | – | $580,000 | $0 | – |
| Folly Beach | 3 | 4 | -25% | $580,000 | $510,087 | 13.7% |
| Seabrook Island | 16 | 13 | 23.1% | $558,000 | $340,000 | 64.1% |
| Mount Pleasant | 107 | 73 | 46.6% | $470,900 | $430,000 | 9.5% |
