From January through June of 2018, there were 111 homes sold, with a median sale price of $770,000 - a 14.1% increase over the $675,000 median sale price for the same period of the previous year. There were 139 homes sold in Isle of Palms in the first half of 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 the first half of 2018.
The following table compares Isle of Palms to other Charleston County cities with similar median sales prices in the first half of 2018:
| City | Jan. - June 2018 Home Sales | Jan. - June 2017 Home Sales | % change (Total Home Sales) | Jan. - June 2018 Median Sales Price | Jan. - June 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sullivan's Island | 24 | 32 | -25% | $1,932,500 | $1,675,000 | 15.4% |
| Kiawah Island | 66 | 87 | -24.1% | $847,500 | $805,000 | 5.3% |
| Isle of Palms | 111 | 139 | -20.1% | $770,000 | $675,000 | 14.1% |
| Edgewater Park | 6 | 2 | 200% | $731,108.50 | $319,250 | 129% |
| Secessionville Acres | 1 | 4 | -75% | $680,807 | $216,750 | 214.1% |
| Folly Beach | 35 | 58 | -39.7% | $620,000 | $607,050 | 2.1% |
| Meggett | 5 | 11 | -54.5% | $557,500 | $327,000 | 70.5% |
| Edisto Island | 9 | 17 | -47.1% | $460,000 | $349,000 | 31.8% |
| Mount Pleasant | 692 | 974 | -29% | $426,721 | $406,569.50 | 5% |
| Ashley Forest | 5 | 9 | -44.4% | $380,000 | $435,000 | -12.6% |
| North Pine Point | 3 | 1 | 200% | $377,000 | $318,000 | 18.6% |
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