From April through June of 2021, there were 31 homes sold, with a median sale price of $650,000 - a 4% increase over the $625,000 median sale price for the same period of the previous year. There were 25 homes sold in Folly Beach in the second quarter of 2020.
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 the second quarter of 2021.
The following table compares Folly Beach to other Charleston County cities with similar median sale prices in the second quarter of 2021:
| City | Apr. - June 2021 Home Sales | Apr. - June 2020 Home Sales | % change (Total Home Sales) | Apr. - June 2021 Median Sales Price | Apr. - June 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Isle of Palms | 53 | 58 | -8.6% | $765,000 | $654,250 | 16.9% |
| Edgewater Park | 3 | 2 | 50% | $750,000 | $495,000 | 51.5% |
| Meggett | 7 | 4 | 75% | $700,000 | $452,450 | 54.7% |
| Sullivan's Island | 4 | 2 | 100% | $690,000 | $783,615 | -11.9% |
| Kiawah Island | 61 | 42 | 45.2% | $679,000 | $708,000 | -4.1% |
| Folly Beach | 31 | 25 | 24% | $650,000 | $625,000 | 4% |
| Capri Isles | 4 | 6 | -33.3% | $578,000 | $390,000 | 48.2% |
| Seabrook Island | 60 | 45 | 33.3% | $577,500 | $370,000 | 56.1% |
| Edisto Island | 9 | 5 | 80% | $550,000 | $405,000 | 35.8% |
| Mount Pleasant | 575 | 515 | 11.7% | $524,500 | $431,000 | 21.7% |
| Landsdowne | 1 | 2 | -50% | $456,000 | $284,000 | 60.6% |
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