In October 2017, there were four homes sold, with a median sale price of $497,950 - a 9.2% increase over the $456,000 median sale price for the same period of the previous year. There were nine homes sold in Folly Beach in October 2016.
The median sales tax in Folly Beach for the most recent year with available data, 2015, was $4,233, approximately 0.9% of the median home sale price for October 2017.
The following table compares Folly Beach to other Charleston County cities with similar median sales prices in October 2017:
| City | Oct. 2017 Home Sales | Oct. 2016 Home Sales | % change (Total Home Sales) | Oct. 2017 Median Sales Price | Oct. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Meggett | 1 | 0 | - | $900,000 | $0 | - |
| Sullivan's Island | 1 | 5 | -80% | $820,000 | $1,660,000 | -50.6% |
| Edgewater Park | 1 | 0 | - | $815,000 | $0 | - |
| Kiawah Island | 17 | 13 | 30.8% | $745,000 | $700,000 | 6.4% |
| Isle of Palms | 13 | 28 | -53.6% | $615,000 | $743,750 | -17.3% |
| Folly Beach | 4 | 9 | -55.6% | $497,950 | $456,000 | 9.2% |
| Capri Isles | 2 | 1 | 100% | $416,750 | $860,000 | -51.5% |
| James Island | 9 | 14 | -35.7% | $410,000 | $214,250 | 91.4% |
| Mount Pleasant | 78 | 156 | -50% | $394,450 | $388,500 | 1.5% |
| Riverland Terrace | 3 | 1 | 200% | $355,000 | $390,000 | -9% |
| Seabrook Island | 12 | 8 | 50% | $335,000 | $599,000 | -44.1% |
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