From January through December of 2020, there were 119 homes sold, with a median sale price of $649,995 - a 12.3% increase over the $579,000 median sale price for the previous year. There were 147 homes sold in Folly Beach in 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 2020.
The following table compares Folly Beach to other Charleston County cities with similar median sale prices in 2020:
| City | Jan. - Dec. 2020 Home Sales | Jan. - Dec. 2019 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2020 Median Sales Price | Jan. - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sullivan's Island | 11 | 34 | -67.6% | $1,025,000 | $1,701,588.50 | -39.8% |
| Isle of Palms | 296 | 310 | -4.5% | $765,187.50 | $682,625 | 12.1% |
| Kiawah Island | 228 | 189 | 20.6% | $650,000 | $640,000 | 1.6% |
| Folly Beach | 119 | 147 | -19% | $649,995 | $579,000 | 12.3% |
| Edgewater Park | 3 | 11 | -72.7% | $515,000 | $480,000 | 7.3% |
| Meggett | 17 | 29 | -41.4% | $490,000 | $365,000 | 34.2% |
| Edisto Island | 31 | 37 | -16.2% | $447,000 | $399,000 | 12% |
| Mount Pleasant | 2,121 | 2,213 | -4.2% | $435,000 | $427,000 | 1.9% |
| Whitehall Terrace | 8 | 7 | 14.3% | $423,500 | $449,000 | -5.7% |
| Seabrook Island | 254 | 239 | 6.3% | $415,153 | $385,000 | 7.8% |
| Riverland Terrace | 13 | 21 | -38.1% | $410,000 | $390,000 | 5.1% |
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