In October 2021, there were nine homes sold, with a median sale price of $1,050,000 - a 24.2% increase over the $845,625 median sale price for the same period of the previous year. There were 40 homes sold in Isle of Palms in October 2020.
The median sales tax in Isle of Palms for the most recent year with available data, 2019, was $6,302, approximately 0.6% of the median home sale price for October 2021.
The following table compares Isle of Palms to other Charleston County cities with similar median sale prices in October 2021:
| City | Oct. 2021 Home Sales | Oct. 2020 Home Sales | % change (Total Home Sales) | Oct. 2021 Median Sales Price | Oct. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Isle of Palms | 9 | 40 | -77.5% | $1,050,000 | $845,625 | 24.2% |
| Kiawah Island | 7 | 36 | -80.6% | $599,000 | $594,750 | 0.7% |
| Edisto Island | 1 | 5 | -80% | $536,000 | $447,000 | 19.9% |
| Folly Beach | 4 | 8 | -50% | $533,000 | $645,000 | -17.4% |
| Mount Pleasant | 92 | 213 | -56.8% | $522,500 | $480,000 | 8.9% |
| Riverland Terrace | 1 | 1 | 0% | $505,000 | $535,000 | -5.6% |
| Seabrook Island | 11 | 26 | -57.7% | $491,000 | $567,000 | -13.4% |
| Awendaw | 1 | 1 | 0% | $450,000 | $334,000 | 34.7% |
| Chesterfield | 2 | 3 | -33.3% | $430,000 | $355,000 | 21.1% |
| James Island | 12 | 30 | -60% | $411,000 | $351,750 | 16.8% |
| Landsdowne | 1 | 1 | 0% | $405,000 | $418,000 | -3.1% |
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