In April 2021, there were 20 homes sold, with a median sale price of $762,500 - a 19.1% increase over the $640,000 median sale price for the same period of the previous year. There were 13 homes sold in Isle of Palms in April 2020.
The median sales tax in Isle of Palms for the most recent year with available data, 2019, was $6,302, approximately 0.8% of the median home sale price for April 2021.
The following table compares Isle of Palms to other Charleston County cities with similar median sale prices in April 2021:
City | Apr. 2021 Home Sales | Apr. 2020 Home Sales | % change (Total Home Sales) | Apr. 2021 Median Sales Price | Apr. 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Capri Isles | 1 | 1 | 0% | $1,137,500 | $400,000 | 184.4% |
Kiawah Island | 8 | 8 | 0% | $932,000 | $877,500 | 6.2% |
Folly Beach | 7 | 5 | 40% | $805,000 | $620,000 | 29.8% |
Isle of Palms | 20 | 13 | 53.8% | $762,500 | $640,000 | 19.1% |
Edgewater Park | 1 | 1 | 0% | $664,000 | $475,000 | 39.8% |
Sullivan's Island | 2 | 0 | - | $580,000 | $0 | - |
Meggett | 2 | 0 | - | $569,000 | $0 | - |
Whitehall Terrace | 2 | 0 | - | $544,250 | $0 | - |
Mount Pleasant | 149 | 159 | -6.3% | $495,000 | $477,000 | 3.8% |
Seabrook Island | 9 | 11 | -18.2% | $439,000 | $510,000 | -13.9% |
Edisto Island | 4 | 2 | 100% | $415,000 | $677,500 | -38.7% |