In January 2020, there were 10 homes sold, with a median sale price of $717,500 - a 6.7% increase over the $672,500 median sale price for the same period of the previous year. There were five homes sold in Folly Beach in January 2019.
The median sales tax in Folly Beach for the most recent year with available data, 2019, was $4,829, approximately 0.7% of the median home sale price for January 2020.
The following table compares Folly Beach to other Charleston County cities with similar median sales prices in January 2020:
| City | Jan. 2020 Home Sales | Jan. 2019 Home Sales | % change (Total Home Sales) | Jan. 2020 Median Sales Price | Jan. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Kiawah Island | 5 | 17 | -70.6% | $978,592 | $570,000 | 71.7% |
| Isle of Palms | 13 | 14 | -7.1% | $766,875 | $877,500 | -12.6% |
| Folly Beach | 10 | 5 | 100% | $717,500 | $672,500 | 6.7% |
| Capri Isles | 1 | 4 | -75% | $565,000 | $262,500 | 115.2% |
| Ravenel | 1 | 1 | 0% | $475,500 | $417,143 | 14% |
| Riverland Terrace | 4 | 1 | 300% | $447,500 | $390,000 | 14.7% |
| Seabrook Island | 6 | 10 | -40% | $440,725 | $462,500 | -4.7% |
| McClellanville | 2 | 3 | -33.3% | $436,000 | $287,500 | 51.7% |
| Ashley Forest | 2 | 2 | 0% | $413,000 | $301,000 | 37.2% |
| Mount Pleasant | 119 | 115 | 3.5% | $411,636 | $500,000 | -17.7% |
| Whitehall Terrace | 1 | 0 | - | $400,000 | $0 | - |
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