Folly Beach vs Isle of Palms: home prices and housing costs
The typical home in Folly Beach is worth $1,073,799, about 38% less than on Isle of Palms ($1,719,485), according to Zillow (Sep 2026). Homes that sold in Jul–Sep 2026 went for a median $1,024,512 in Folly Beach and $1,619,229 on Isle of Palms, and took a median 165 and 108 days to go under contract (Redfin). At today's 7.40% 30-year rate, the monthly payment on the typical home is about $5,948 in Folly Beach and $9,524 on Isle of Palms, with 20% down and before taxes and insurance.
What you're looking at: Zillow (home values, asking rent), Redfin (sales, Jul–Sep 2026) and the Census Bureau (income, rent, ownership) · town limits · all home types
Which market is hotter?
Side by side
| Measure | Folly Beach | Isle of Palms |
|---|---|---|
| Typical home valueZillow, Sep 2026 | $1,073,799 | $1,719,485 |
| Change in value, 1 yearZillow | +4.2% | +10.2% |
| Median sale priceRedfin, Jul–Sep 2026, all home types | $1,024,512 | $1,619,229 |
| Homes soldRedfin, Jul–Sep 2026 | 29 | 48 |
| Days on marketRedfin, median | 165 | 108 |
| Months of supplyRedfin | 3.7 | 6.8 |
| Asking rentZillow, monthly | — | — |
| Median gross rentCensus, 2020–2024, includes utilities | $1,844 | $2,893 |
| Median household incomeCensus, 2020–2024 | $102,279 | $156,979 |
| Monthly paymentPrincipal and interest at 7.40%, 20% down | $5,948 | $9,524 |
| Payment as a share of local incomeBefore taxes and insurance | 70% | 73% |
| Home value ÷ household incomeZillow ÷ Census | 10.5× | 11.0× |
| Owner-occupied homesCensus, 2020–2024 | 95% | 93% |
| Occupied homesCensus, 2020–2024 | 619 | 2,043 |
Sources: Zillow Home Value Index and Observed Rent Index; Redfin, a national real estate brokerage, 3-month rolling; U.S. Census Bureau ACS 5-year. Payment excludes taxes, insurance, HOA and mortgage insurance. These are typical figures for each town, not an estimate for any one home.