The median sale price of a home sold in August 2021 in Folly Beach fell by $332,500 while total sales decreased by 66.7%, according to BlockShopper.com.
In August 2021, there were four homes sold, with a median sale price of $375,000 – a 47% decrease over the $707,500 median sale price for the same period of the previous year. There were 12 homes sold in Folly Beach in August 2020.
The median sales tax in Folly Beach for the most recent year with available data, 2019, was $4,829, approximately 1.3% of the median home sale price for August 2021.
The following table compares Folly Beach to other Charleston County cities with similar median sale prices in August 2021:
| City | Aug. 2021 Home Sales | Aug. 2020 Home Sales | % change (Total Home Sales) | Aug. 2021 Median Sales Price | Aug. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Seabrook Island | 14 | 41 | -65.9% | $475,000 | $479,000 | -0.8% |
| Landsdowne | 1 | 0 | – | $430,000 | $0 | – |
| James Island | 9 | 31 | -71% | $405,000 | $372,000 | 8.9% |
| Cedar Springs | 1 | 0 | – | $395,000 | $0 | – |
| Charleston | 139 | 312 | -55.4% | $385,000 | $330,950 | 16.3% |
| Folly Beach | 4 | 12 | -66.7% | $375,000 | $707,500 | -47% |
| Long Branch Estates | 1 | 0 | – | $340,000 | $0 | – |
| Ponderosa | 2 | 0 | – | $314,775 | $0 | – |
| Church Creek | 1 | 1 | 0% | $312,000 | $247,000 | 26.3% |
| McClellanville | 1 | 3 | -66.7% | $300,000 | $333,000 | -9.9% |
| Chesterfield | 1 | 1 | 0% | $300,000 | $371,000 | -19.1% |
