The median sales price of a Charleston County home in the second quarter of 2024 was $510,000, based on data from the 1,369 properties sold during that time. In 2024, the median tax bill for the county was $2,030, which is 0.4% of the median value of the homes that were taxed.
This is 0.4 times lower than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Charleston County real estate data showed homeowners in Kiawah Island, Folly Beach, and Isle of Palms paid the highest rates.
The above article calculates the effective property tax rate for 2024 using estimated inflation values and 2021 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.
The following table compares Kiawah Island with some other cities belonging to Charleston County by their median effective property tax rate, calculated using sales and property tax data from the second quarter of 2024.
City | Q2 2024 Sales | Q2 2024 Median Price | Median tax 2024 | Effective tax rate |
---|---|---|---|---|
Kiawah Island | 21 | $805,000 | $11,052 | 1.4% |
Folly Beach | 13 | $625,000 | $6,167 | 1% |
Isle of Palms | 20 | $1,044,888 | $7,885 | 0.8% |
Wildwood | 4 | $166,250 | $1,113 | 0.7% |
Seabrook Island | 42 | $726,250 | $4,355 | 0.6% |
Long Branch Estates | 3 | $340,000 | $1,597 | 0.5% |
North Charleston | 240 | $279,900 | $1,180 | 0.4% |
Charleston | 515 | $520,000 | $2,098 | 0.4% |
Meggett | 4 | $640,000 | $2,419 | 0.4% |
North Pine Point | 3 | $450,000 | $1,897 | 0.4% |
Forest Lakes | 4 | $461,500 | $1,890 | 0.4% |
Springfield | 3 | $390,000 | $1,626 | 0.4% |
Drayton | 4 | $456,800 | $1,993 | 0.4% |
Ashley Forest | 4 | $645,000 | $2,645 | 0.4% |
Summerville | 14 | $315,000 | $1,286 | 0.4% |
Melrose | 4 | $440,500 | $1,692 | 0.4% |
Mount Pleasant | 320 | $680,000 | $2,321 | 0.3% |
Hollywood | 18 | $639,000 | $1,703 | 0.3% |
James Island | 57 | $620,000 | $1,682 | 0.3% |
Capri Isles | 3 | $830,000 | $2,782 | 0.3% |
Ravenel | 4 | $475,000 | $1,309 | 0.3% |
Church Creek | 2 | $455,000 | $1,483 | 0.3% |
Fenwick Hills | 2 | $439,700 | $1,311 | 0.3% |
Whitehall Terrace | 4 | $707,500 | $1,983 | 0.3% |
Lincolnville | 3 | $285,000 | $977 | 0.3% |
Ladson | 17 | $260,000 | $766 | 0.3% |
McClellanville | 4 | $452,500 | $1,208 | 0.3% |
Riverland Terrace | 2 | $862,500 | $2,380 | 0.3% |
Adams Run | 7 | $494,500 | $1,130 | 0.2% |
Edisto Island | 5 | $1,050,000 | $2,180 | 0.2% |
Secessionville Acres | 4 | $827,500 | $1,812 | 0.2% |