From January through December of 2018, there were 189 homes sold, with a median sale price of $774,000 - a 14.7% increase over the $675,000 median sale price for the previous year. There were 249 homes sold in Isle of Palms in 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 2018.
The following table compares Isle of Palms to other Charleston County cities with similar median sales prices in 2018:
| City | Jan. - Dec. 2018 Home Sales | Jan. - Dec. 2017 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2018 Median Sales Price | Jan. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sullivan's Island | 46 | 60 | -23.3% | $1,932,500 | $1,685,000 | 14.7% |
| Kiawah Island | 129 | 159 | -18.9% | $850,000 | $748,000 | 13.6% |
| Isle of Palms | 189 | 249 | -24.1% | $774,000 | $675,000 | 14.7% |
| Folly Beach | 78 | 99 | -21.2% | $676,250 | $615,000 | 10% |
| Edgewater Park | 9 | 7 | 28.6% | $645,000 | $400,000 | 61.3% |
| Meggett | 10 | 18 | -44.4% | $585,750 | $367,500 | 59.4% |
| Capri Isles | 6 | 6 | 0% | $474,500 | $255,000 | 86.1% |
| Secessionville Acres | 5 | 8 | -37.5% | $465,000 | $260,450 | 78.5% |
| Seabrook Island | 140 | 163 | -14.1% | $427,500 | $419,000 | 2% |
| Mount Pleasant | 1,346 | 1,704 | -21% | $425,000 | $412,250 | 3.1% |
| Ashley Forest | 10 | 12 | -16.7% | $417,500 | $413,000 | 1.1% |
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