In June 2021, there were eight homes sold, with a median sale price of $487,500 - a 27.8% decrease over the $675,000 median sale price for the same period of the previous year. There were 15 homes sold in Folly Beach in June 2020.
The median sales tax in Folly Beach for the most recent year with available data, 2019, was $4,829, approximately 1% of the median home sale price for June 2021.
The following table compares Folly Beach to other Charleston County cities with similar median sale prices in June 2021:
City | June 2021 Home Sales | June 2020 Home Sales | % change (Total Home Sales) | June 2021 Median Sales Price | June 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Seabrook Island | 14 | 26 | -46.2% | $627,500 | $327,500 | 91.6% |
Laurel Park | 1 | 3 | -66.7% | $615,000 | $363,000 | 69.4% |
Capri Isles | 2 | 1 | 100% | $578,000 | $760,000 | -23.9% |
Edisto Island | 3 | 0 | - | $545,000 | $0 | - |
Mount Pleasant | 188 | 206 | -8.7% | $545,000 | $415,000 | 31.3% |
Folly Beach | 8 | 15 | -46.7% | $487,500 | $675,000 | -27.8% |
Hollywood | 5 | 7 | -28.6% | $475,000 | $225,000 | 111.1% |
Drayton | 1 | 4 | -75% | $440,000 | $372,000 | 18.3% |
McClellanville | 4 | 1 | 300% | $422,750 | $265,100 | 59.5% |
Adams Run | 5 | 4 | 25% | $420,000 | $276,500 | 51.9% |
Charleston | 266 | 337 | -21.1% | $397,750 | $320,000 | 24.3% |