From January through December of 2019, there were 37 homes sold, with a median sale price of $399,000 - a 33.5% increase over the $298,900 median sale price for the previous year. There were 27 homes sold in Edisto Island in 2018.
The median sales tax in Edisto Island for 2019 was $1,789. In 2018, the median sales tax was $1,754. This marks an increase of 2.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.4%.
The following table compares Edisto Island to other Charleston County cities with similar median sales prices in 2019:
City | Jan. - Dec. 2019 Home Sales | Jan. - Dec. 2018 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2019 Median Sales Price | Jan. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Folly Beach | 147 | 96 | 53.1% | $579,000 | $634,500 | -8.7% |
Edgewater Park | 11 | 10 | 10% | $480,000 | $697,500 | -31.2% |
Whitehall Terrace | 7 | 15 | -53.3% | $449,000 | $300,000 | 49.7% |
Mount Pleasant | 2,200 | 1,628 | 35.1% | $429,000 | $430,000 | -0.2% |
McClellanville | 32 | 21 | 52.4% | $405,000 | $261,000 | 55.2% |
Edisto Island | 37 | 27 | 37% | $399,000 | $298,900 | 33.5% |
Riverland Terrace | 21 | 14 | 50% | $390,000 | $346,000 | 12.7% |
Laurel Park | 2 | 6 | -66.7% | $389,000 | $354,800 | 9.6% |
Ashley Forest | 21 | 12 | 75% | $385,000 | $445,000 | -13.5% |
Seabrook Island | 238 | 167 | 42.5% | $384,000 | $408,000 | -5.9% |
Meggett | 29 | 12 | 141.7% | $365,000 | $553,750 | -34.1% |