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Featured local agent — Isle of Palms, SC

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Isle of Palms, SC

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Isle of Palms, SC(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Isle of Palms, SC Housing Market & Real Estate

Leaning buyer's+55.5% YoY

Housing market overview · Updated monthly ·

$1.94Mmedian sale price

How is the Isle of Palms, SC housing market right now?

The median home sale price in Isle of Palms, SC is $1.94M, up 55.5% year-over-year. Homes sell in an average of 60 days with 103 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Isle of Palms a buyer's or seller's market?

Leaning buyer's4.3 months of supply60 avg. days on market

Isle of Palms, SC is currently a leaning buyer's, based on 4.3 months of supply and homes selling in about 60 days. How we determine this →

Homes sold

24

Last 12 weeks

Days on market

60

Average pace

Active listings

103

4.3 months supply

Sale-to-list

96.3%

Below asking

What does the Isle of Palms housing market data show?

Current housing market statistics for Isle of Palms, SC
MetricValue
Median sale price$1.94M
Median list price$2.60M
Year-over-year price change+55.5%
Average days on market60 days
Active inventory103 listings
Months of supply4.3 months
Sale-to-list price ratio96.3%
Median price per sq ft$1,094/sq ft
Homes sold (latest month)24
New listings (latest month)23
Listings with a price cut19.4%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Isle of Palms by property type?

How the Isle of Palms, SC market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Isle of Palms, SC
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$2.61M$1,080/sq ft1260 days
Condo / Co-op$1.15M$1,027/sq ft863 days
Townhouse$1.90M$1,153/sq ft4103 days

Source: Redfin · Updated monthly

The Isle of Palms housing market is currently classified as a leaning buyer's with a median sale price of $1.94M. Prices have risen 55.5% compared to last year, with homes spending an average of 60 days on market, indicating 4.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 11.7x provides context for how home values compare to local earning capacity.

Homes for sale in Isle of Palms

There are currently 103 homes listed for sale in Isle of Palms, South Carolina. The median listing price is $2.6M.

Active listings

103

Homes on market

Median list price

$2.6M

Avg. days on market

60

Days until sale

New this week

23

Newly listed

Price drops:19.4%of listings
Sale-to-list:96.3%

Who lives in Isle of Palms?

Population

4,350

Median income

$148,029/yr

Median age

54.2 years

Owner-occupied

90.7%

College grads

69.7%

Avg commute

27.2 min

Source: U.S. Census Bureau ACS

What are homes worth in Isle of Palms?

Zillow home value

$1.73M

Price-to-income

11.7x

Source: Zillow Research

What is it like to live in Isle of Palms?

Isle of Palms is a community of approximately 4K residents with a median age of 54.2 years.The median household income is $148,029, which reflects a relatively affluent area with strong earning potential. 69.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 90.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Isle of Palms offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Isle of Palms, SC?

Want a head-to-head view? Compare Isle of Palms side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Isle of Palms?

The median home sale price in Isle of Palms is $1.94M, up 55.5% from last year.

How long do homes stay on market in Isle of Palms?

Homes typically spend 60 days on market before going under contract.

What is the median income in Isle of Palms?

The median household income is $148,029 per year.

Is Isle of Palms a buyer's or seller's market?

With 4.3 months of supply, Isle of Palms is currently a leaning buyer's.

What is the Zillow home value estimate for Isle of Palms?

The Zillow Home Value Index (ZHVI) for Isle of Palms is $1.73M, representing the typical home value in the area.

What is the median condo price in Isle of Palms?

The median condo/co-op sale price in Isle of Palms, SC is $1.15M, compared to $2.61M for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Isle of Palms?

The median single-family home price in Isle of Palms, SC is $2.61M (about $1,080 per square foot).

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