In September 2018, there were 14 homes sold, with a median sale price of $778,500 - a 29.8% increase over the $600,000 median sale price for the same period of the previous year. There were 23 homes sold in Isle of Palms in September 2017.
The median sales tax in Isle of Palms for the most recent year with available data, 2015, was $5,408, approximately 0.7% of the median home sale price for September 2018.
The following table compares Isle of Palms to other Charleston County cities with similar median sales prices in September 2018:
| City | Sept. 2018 Home Sales | Sept. 2017 Home Sales | % change (Total Home Sales) | Sept. 2018 Median Sales Price | Sept. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sullivan's Island | 2 | 7 | -71.4% | $2,287,500 | $960,000 | 138.3% |
| Edisto Island | 2 | 2 | 0% | $1,037,500 | $202,500 | 412.3% |
| Isle of Palms | 14 | 23 | -39.1% | $778,500 | $600,000 | 29.8% |
| Seabrook Island | 15 | 11 | 36.4% | $723,000 | $400,000 | 80.8% |
| Riverland Terrace | 1 | 1 | 0% | $580,000 | $349,900 | 65.8% |
| Kiawah Island | 2 | 14 | -85.7% | $492,500 | $726,250 | -32.2% |
| Chesterfield | 2 | 0 | - | $444,885 | $0 | - |
| Mount Pleasant | 95 | 144 | -34% | $427,000 | $400,000 | 6.8% |
| Drayton | 1 | 2 | -50% | $350,000 | $224,250 | 56.1% |
| Hollywood | 4 | 3 | 33.3% | $345,000 | $862,000 | -60% |
| Laurel Park | 1 | 1 | 0% | $344,600 | $280,000 | 23.1% |
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