In November 2020, there were 27 homes sold, with a median sale price of $915,000 - a 39.4% increase over the $656,500 median sale price for the same period of the previous year. There were 16 homes sold in Isle of Palms in November 2019.
The median sales tax in Isle of Palms for the most recent year with available data, 2019, was $6,302, approximately 0.7% of the median home sale price for November 2020.
The following table compares Isle of Palms to other Charleston County cities with similar median sales prices in November 2020:
| City | Nov. 2020 Home Sales | Nov. 2019 Home Sales | % change (Total Home Sales) | Nov. 2020 Median Sales Price | Nov. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Isle of Palms | 27 | 16 | 68.8% | $915,000 | $656,500 | 39.4% |
| Kiawah Island | 16 | 10 | 60% | $773,500 | $730,000 | 6% |
| Secessionville Acres | 1 | 0 | - | $685,000 | $0 | - |
| Folly Beach | 5 | 6 | -16.7% | $580,615 | $503,000 | 15.4% |
| Capri Isles | 1 | 0 | - | $550,000 | $0 | - |
| McClellanville | 2 | 1 | 100% | $455,000 | $846,000 | -46.2% |
| Mount Pleasant | 109 | 138 | -21% | $440,000 | $407,500 | 8% |
| Ashley Forest | 1 | 0 | - | $396,500 | $0 | - |
| Chesterfield | 1 | 1 | 0% | $385,000 | $270,000 | 42.6% |
| Hollywood | 1 | 5 | -80% | $370,000 | $435,000 | -14.9% |
| Laurel Park | 2 | 0 | - | $366,250 | $0 | - |
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