The Isle of Palms housing market is somewhat competitive. The median sale price of a home in Isle of Palms was $1.0M last month, up 16.2% since last year. The median sale price per square foot in Isle of Palms is $399, up 14.5% since last year.
What is the housing market like in Isle of Palms today?
In March 2024, Isle of Palms home prices were up 16.2% compared to last year, selling for a median price of $1.0M. On average, homes in Isle of Palms sell after 56 days on the market compared to 61 days last year. There were 10 homes sold in March this year, down from 17 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,017,000
+16.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Isle of Palms, FL
$1,017,000
+16.2%
United States
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How hot is the Isle of Palms housing market?
Isle of Palms is somewhat competitive. Homes sell in 50 days.
0
100
35
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 50 days.
Hot homes
can sell for around list price and go pending in around 33 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
96.3%
+2.8 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Isle of Palms, FL
96.3%
+2.8 pt
United States
Home offer insights for Isle of Palms
Explore recent offers and recently sold homes in Isle of Palms
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Isle of Palms housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Isle of Palms.
Risk Factor
Flood Factor - Major
97% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Isle of Palms has a major risk of flooding. 557 properties in Isle of Palms are likely to be
severely affected
by flooding over the next 30 years. This represents 97% of all properties in Isle of Palms. Flood risk is increasing faster than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Isle of Palms has a major risk of wildfire. There are 1,538 properties in Isle of Palms that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Isle of Palms.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Isle of Palms has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Isle of Palms is most at risk from hurricanes. 1,548 properties in Isle of Palms have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 182 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 207 mph.