In October 2018, there were eight homes sold, with a median sale price of $779,750 - a 56.6% increase over the $497,950 median sale price for the same period of the previous year. There were four homes sold in Folly Beach in October 2017.
The median sales tax in Folly Beach for the most recent year with available data, 2015, was $4,233, approximately 0.5% of the median home sale price for October 2018.
The following table compares Folly Beach to other Charleston County cities with similar median sales prices in October 2018:
| City | Oct. 2018 Home Sales | Oct. 2017 Home Sales | % change (Total Home Sales) | Oct. 2018 Median Sales Price | Oct. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sullivan's Island | 4 | 1 | 300% | $1,500,000 | $820,000 | 82.9% |
| Folly Beach | 8 | 4 | 100% | $779,750 | $497,950 | 56.6% |
| Isle of Palms | 17 | 13 | 30.8% | $675,000 | $615,000 | 9.8% |
| Hollywood | 2 | 3 | -33.3% | $671,000 | $240,000 | 179.6% |
| Edgewater Park | 1 | 1 | 0% | $645,000 | $815,000 | -20.9% |
| Kiawah Island | 15 | 17 | -11.8% | $620,000 | $745,000 | -16.8% |
| North Pine Point | 1 | 0 | - | $539,000 | $0 | - |
| Riverland Terrace | 1 | 3 | -66.7% | $515,000 | $355,000 | 45.1% |
| Seabrook Island | 10 | 12 | -16.7% | $479,500 | $335,000 | 43.1% |
| Ashley Forest | 3 | 0 | - | $445,000 | $0 | - |
| Mount Pleasant | 90 | 78 | 15.4% | $443,500 | $394,450 | 12.4% |
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