Is Isle Of Palms, SC 29451 a buyer’s or seller’s market?

The Isle Of Palms housing market right now

In the three months ending August 31, 2026, 5% of homes in Isle Of Palms, SC 29451 sold above their list price, the typical home went under contract in 77 days and there were 5.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 59 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 3%, homes sold faster (82 days then) and the median sale price fell 24% to $1,624,297. Overall, Isle Of Palms is more competitive than a year ago, so tougher for buyers.

Within Charleston County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell less often over asking than in 71%. On our competition score, Isle Of Palms ranks #183 of 191 SC ZIP codes with enough sales (score 10 out of 100).

Nearby, buyers who want less competition could look at Wadmalaw Island 29487 (0% sold over asking) or Sullivans Island 29482 (0% sold over asking), while Charleston 29407 (17% sold over asking) and Awendaw 29429 (17% sold over asking) are even more competitive.