The median sale price of a home sold in June 2021 in Isle of Palms rose by $126,259 while total sales decreased by 70.6%, according to BlockShopper.com.
In June 2021, there were 10 homes sold, with a median sale price of $780,509 – a 19.3% increase over the $654,250 median sale price for the same period of the previous year. There were 34 homes sold in Isle of Palms in June 2020.
The median sales tax in Isle of Palms for the most recent year with available data, 2019, was $6,302, approximately 0.8% of the median home sale price for June 2021.
The following table compares Isle of Palms to other Charleston County cities with similar median sale prices in June 2021:
| City | June 2021 Home Sales | June 2020 Home Sales | % change (Total Home Sales) | June 2021 Median Sales Price | June 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sullivan’s Island | 1 | 1 | 0% | $1,200,000 | $542,230 | 121.3% |
| Edgewater Park | 1 | 1 | 0% | $785,000 | $515,000 | 52.4% |
| Isle of Palms | 10 | 34 | -70.6% | $780,508.50 | $654,250 | 19.3% |
| Meggett | 3 | 2 | 50% | $700,000 | $367,500 | 90.5% |
| Kiawah Island | 15 | 23 | -34.8% | $670,000 | $700,000 | -4.3% |
| Seabrook Island | 14 | 26 | -46.2% | $627,500 | $327,500 | 91.6% |
| Laurel Park | 1 | 3 | -66.7% | $615,000 | $363,000 | 69.4% |
| Capri Isles | 2 | 1 | 100% | $578,000 | $760,000 | -23.9% |
| Edisto Island | 3 | 0 | – | $545,000 | $0 | – |
| Mount Pleasant | 188 | 206 | -8.7% | $545,000 | $415,000 | 31.3% |
| Folly Beach | 8 | 15 | -46.7% | $487,500 | $675,000 | -27.8% |
