In April 2020, there were 13 homes sold, with a median sale price of $640,000 - a 4.3% decrease over the $669,000 median sale price for the same period of the previous year. There were 47 homes sold in Isle of Palms in April 2019.
The median sales tax in Isle of Palms for the most recent year with available data, 2019, was $6,302, approximately 1% of the median home sale price for April 2020.
The following table compares Isle of Palms to other Charleston County cities with similar median sales prices in April 2020:
| City | Apr. 2020 Home Sales | Apr. 2019 Home Sales | % change (Total Home Sales) | Apr. 2020 Median Sales Price | Apr. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Kiawah Island | 8 | 25 | -68% | $877,500 | $625,000 | 40.4% |
| Edisto Island | 2 | 3 | -33.3% | $677,500 | $284,100 | 138.5% |
| Isle of Palms | 13 | 47 | -72.3% | $640,000 | $669,000 | -4.3% |
| Folly Beach | 5 | 17 | -70.6% | $620,000 | $579,000 | 7.1% |
| Riverland Terrace | 1 | 8 | -87.5% | $550,000 | $506,250 | 8.6% |
| Seabrook Island | 11 | 30 | -63.3% | $510,000 | $383,000 | 33.2% |
| Edgewater Park | 1 | 1 | 0% | $475,000 | $425,000 | 11.8% |
| Mount Pleasant | 157 | 250 | -37.2% | $475,000 | $439,900 | 8% |
| Capri Isles | 1 | 1 | 0% | $400,000 | $400,000 | 0% |
| Ravenel | 1 | 4 | -75% | $382,000 | $162,500 | 135.1% |
| Castlewood | 1 | 0 | - | $352,500 | $0 | - |
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