In April 2017, there were 14 homes sold, with a median sale price of $630,500 - a 20.1% increase over the $525,000 median sale price for the same period of the previous year. There were 11 homes sold in Folly Beach in April 2016.
The median sales tax in Folly Beach for the most recent year with available data, 2015, was $4,233, approximately 0.7% of the median home sale price for April 2017.
The following table compares Folly Beach to other Charleston County cities with similar median sales prices in April 2017:
| City | Apr. 2017 Home Sales | Apr. 2016 Home Sales | % change (Total Home Sales) | Apr. 2017 Median Sales Price | Apr. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sullivan's Island | 4 | 4 | 0% | $1,437,500 | $589,615 | 143.8% |
| Kiawah Island | 8 | 13 | -38.5% | $676,250 | $650,000 | 4% |
| Folly Beach | 14 | 11 | 27.3% | $630,500 | $525,000 | 20.1% |
| Isle of Palms | 19 | 22 | -13.6% | $630,000 | $715,000 | -11.9% |
| Edisto Island | 6 | 4 | 50% | $610,000 | $274,500 | 122.2% |
| Meggett | 2 | 1 | 100% | $571,250 | $720,000 | -20.7% |
| Seabrook Island | 13 | 16 | -18.8% | $525,000 | $254,750 | 106.1% |
| Ashley Forest | 2 | 1 | 100% | $433,000 | $257,500 | 68.2% |
| Mount Pleasant | 143 | 236 | -39.4% | $420,000 | $402,500 | 4.3% |
| Ravenel | 1 | 1 | 0% | $395,000 | $58,700 | 572.9% |
| McClellanville | 3 | 3 | 0% | $341,000 | $170,000 | 100.6% |
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