The median sale price of a home sold in July 2021 in Isle of Palms rose by $83,500 while total sales decreased by 47.1%, according to BlockShopper.com.
In July 2021, there were 18 homes sold, with a median sale price of $881,000 – a 10.5% increase over the $797,500 median sale price for the same period of the previous year. There were 34 homes sold in Isle of Palms in July 2020.
The median sales tax in Isle of Palms for the most recent year with available data, 2019, was $6,302, approximately 0.7% of the median home sale price for July 2021.
The following table compares Isle of Palms 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% |
