In July 2019, there were four homes sold, with a median sale price of $391,500 - a 41.1% decrease over the $665,000 median sale price for the same period of the previous year. There were seven homes sold in Folly Beach in July 2018.
The median sales tax in Folly Beach for the most recent year with available data, 2015, was $4,233, approximately 1.1% of the median home sale price for July 2019.
The following table compares Folly Beach to other Charleston County cities with similar median sales prices in July 2019:
| City | July 2019 Home Sales | July 2018 Home Sales | % change (Total Home Sales) | July 2019 Median Sales Price | July 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sullivan's Island | 4 | 5 | -20% | $1,400,000 | $2,387,000 | -41.3% |
| Isle of Palms | 11 | 17 | -35.3% | $840,000 | $735,000 | 14.3% |
| Kiawah Island | 7 | 7 | 0% | $800,000 | $950,000 | -15.8% |
| Seabrook Island | 3 | 11 | -72.7% | $555,000 | $408,000 | 36% |
| Mount Pleasant | 76 | 142 | -46.5% | $459,950 | $463,175 | -0.7% |
| Folly Beach | 4 | 7 | -42.9% | $391,500 | $665,000 | -41.1% |
| Adams Run | 1 | 2 | -50% | $355,000 | $91,250 | 289% |
| McClellanville | 1 | 0 | - | $345,000 | $0 | - |
| Hollywood | 1 | 2 | -50% | $335,000 | $328,500 | 2% |
| Charleston | 100 | 181 | -44.8% | $317,500 | $300,000 | 5.8% |
| James Island | 4 | 16 | -75% | $305,500 | $337,500 | -9.5% |
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