September 2021: Home prices in Folly Beach increased

September 2021: Home prices in Folly Beach increased
0Comments

The median sale price of a home sold in September 2021 in Folly Beach rose by $375,005 while total sales decreased by 84.2%, according to BlockShopper.com.

In September 2021, there were three homes sold, with a median sale price of $1,025,000 – a 57.7% increase over the $649,995 median sale price for the same period of the previous year. There were 19 homes sold in Folly Beach in September 2020.

The median sales tax in Folly Beach for the most recent year with available data, 2019, was $4,829, approximately 0.5% of the median home sale price for September 2021.

The following table compares Folly Beach to other Charleston County cities with similar median sale prices in September 2021:

City Sept. 2021 Home Sales Sept. 2020 Home Sales % change (Total Home Sales) Sept. 2021 Median Sales Price Sept. 2020 Median Sales Price % change (Median Sales Price)
Folly Beach 3 19 -84.2% $1,025,000 $649,995 57.7%
Isle of Palms 12 42 -71.4% $947,500 $687,500 37.8%
Meggett 1 3 -66.7% $899,000 $465,000 93.3%
Seabrook Island 10 27 -63% $636,000 $480,000 32.5%
Kiawah Island 12 37 -67.6% $600,000 $587,000 2.2%
Awendaw 1 0 $570,000 $0
Mount Pleasant 89 252 -64.7% $525,000 $425,000 23.5%
Riverland Terrace 1 1 0% $510,000 $310,000 64.5%
James Island 8 26 -69.2% $490,500 $352,500 39.1%
North Pine Point 2 0 $490,000 $0
Ashley Forest 1 1 0% $450,000 $345,000 30.4%


Related

South Carolina residents are advised to be aware of scams involving sales of illegal ‘tiny homes’

South Carolina residents are advised to be aware of scams involving sales of illegal ‘tiny homes’

The Manufactured Housing Institute of South Carolina (MHISC) is warning local residents to be on the lookout for illegally modified structures being sold as “tiny homes.”

Melanie Cecelia Regis acquires 6287 Rolling Fork Road 208, N. Charleston

Melanie Cecelia Regis acquires 6287 Rolling Fork Road 208, N. Charleston

The two bedroom, two bathroom home at 6287 Rolling Fork Road 208, N. Charleston was sold on Dec. 27 by Melanie Cecelia Regis for $161,500. The buyer was Johanna K Fritz.

James S. Gonda unloads 315 Parkwood Estates Drive, Charleston

James S. Gonda unloads 315 Parkwood Estates Drive, Charleston

On Dec. 17, Mary Elizabeth March purchased a two bedroom, one bathroom home at 315 Parkwood Estates Drive, Charleston from James S. Gonda for $405,000.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Palmetto State News.