In February 2018, there were nine homes sold, with a median sale price of $930,000 - a 26.1% increase over the $737,500 median sale price for the same period of the previous year. There were 20 homes sold in Isle of Palms in February 2017.
The median sales tax in Isle of Palms for the most recent year with available data, 2015, was $5,408, approximately 0.6% of the median home sale price for February 2018.
The following table compares Isle of Palms to other Charleston County cities with similar median sales prices in February 2018:
| City | Feb. 2018 Home Sales | Feb. 2017 Home Sales | % change (Total Home Sales) | Feb. 2018 Median Sales Price | Feb. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sullivan's Island | 2 | 5 | -60% | $2,552,500 | $1,500,000 | 70.2% |
| Kiawah Island | 6 | 9 | -33.3% | $1,822,500 | $650,000 | 180.4% |
| Isle of Palms | 9 | 20 | -55% | $930,000 | $737,500 | 26.1% |
| Folly Beach | 5 | 6 | -16.7% | $450,000 | $687,500 | -34.5% |
| Ashley Forest | 1 | 1 | 0% | $450,000 | $320,000 | 40.6% |
| Mount Pleasant | 73 | 144 | -49.3% | $439,000 | $390,000 | 12.6% |
| Riverland Terrace | 2 | 0 | - | $357,000 | $0 | - |
| Awendaw | 1 | 0 | - | $335,000 | $0 | - |
| Seabrook Island | 10 | 8 | 25% | $302,500 | $420,000 | -28% |
| Charleston | 135 | 162 | -16.7% | $275,000 | $263,750 | 4.3% |
| McClellanville | 3 | 2 | 50% | $262,500 | $121,000 | 116.9% |
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