From October through December of 2020, there were three homes sold, with a median sale price of $535,000 - a 49.7% increase over the $357,500 median sale price for the same period of the previous year. There were three homes sold in Riverland Terrace in the fourth quarter of 2019, as well.
The median sales tax in Riverland Terrace for the most recent year with available data, 2019, was $1,935, approximately 0.4% of the median home sale price for the fourth quarter of 2020.
The following table compares Riverland Terrace to other Charleston County cities with similar median sale prices in the fourth quarter of 2020:
| City | Oct. - Dec. 2020 Home Sales | Oct. - Dec. 2019 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2020 Median Sales Price | Oct. - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sullivan's Island | 1 | 0 | - | $810,000 | $0 | - |
| Kiawah Island | 69 | 37 | 86.5% | $640,000 | $585,000 | 9.4% |
| Folly Beach | 23 | 28 | -17.9% | $630,000 | $566,450 | 11.2% |
| Green Acres | 1 | 1 | 0% | $550,000 | $240,000 | 129.2% |
| Meggett | 3 | 3 | 0% | $538,500 | $160,000 | 236.6% |
| Riverland Terrace | 3 | 3 | 0% | $535,000 | $357,500 | 49.7% |
| Hollywood | 10 | 17 | -41.2% | $510,000 | $375,000 | 36% |
| Seabrook Island | 55 | 42 | 31% | $505,000 | $280,000 | 80.4% |
| Lincolnville | 1 | 5 | -80% | $465,000 | $85,000 | 447.1% |
| Mount Pleasant | 459 | 388 | 18.3% | $462,500 | $428,500 | 7.9% |
| Edisto Island | 11 | 7 | 57.1% | $447,000 | $475,000 | -5.9% |
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