In March 2018, there were five homes sold, with a median sale price of $750,000 - a 48.5% increase over the $505,000 median sale price for the same period of the previous year. There were 11 homes sold in Folly Beach in March 2017.
The median sales tax in Folly Beach for the most recent year with available data, 2015, was $4,233, approximately 0.6% of the median home sale price for March 2018.
The following table compares Folly Beach to other Charleston County cities with similar median sales prices in March 2018:
| City | Mar. 2018 Home Sales | Mar. 2017 Home Sales | % change (Total Home Sales) | Mar. 2018 Median Sales Price | Mar. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sullivan's Island | 8 | 7 | 14.3% | $1,932,500 | $2,110,000 | -8.4% |
| Isle of Palms | 33 | 28 | 17.9% | $774,000 | $661,250 | 17.1% |
| Folly Beach | 5 | 11 | -54.5% | $750,000 | $505,000 | 48.5% |
| Kiawah Island | 16 | 18 | -11.1% | $716,250 | $662,000 | 8.2% |
| Secessionville Acres | 1 | 0 | - | $680,807 | $0 | - |
| Edisto Island | 1 | 1 | 0% | $660,000 | $292,000 | 126% |
| Forest Lakes | 1 | 1 | 0% | $395,000 | $230,000 | 71.7% |
| Mount Pleasant | 176 | 150 | 17.3% | $379,000 | $385,000 | -1.6% |
| Laurel Park | 1 | 1 | 0% | $370,000 | $330,000 | 12.1% |
| Ashley Forest | 1 | 4 | -75% | $370,000 | $446,250 | -17.1% |
| Charleston | 231 | 227 | 1.8% | $280,000 | $278,000 | 0.7% |
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