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Wednesday, November 6, 2024

Median home prices in Folly Beach fell to $487,500 in June 2021

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The median sale price of a home sold in June 2021 in Folly Beach fell by $187,500 while total sales decreased by 46.7%, according to BlockShopper.com.

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:

CityJune 2021 Home SalesJune 2020 Home Sales% change (Total Home Sales)June 2021 Median Sales PriceJune 2020 Median Sales Price% change (Median Sales Price)
Seabrook Island1426-46.2%$627,500$327,50091.6%
Laurel Park13-66.7%$615,000$363,00069.4%
Capri Isles21100%$578,000$760,000-23.9%
Edisto Island30-$545,000$0-
Mount Pleasant188206-8.7%$545,000$415,00031.3%
Folly Beach815-46.7%$487,500$675,000-27.8%
Hollywood57-28.6%$475,000$225,000111.1%
Drayton14-75%$440,000$372,00018.3%
McClellanville41300%$422,750$265,10059.5%
Adams Run5425%$420,000$276,50051.9%
Charleston266337-21.1%$397,750$320,00024.3%

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