New - 2 days on Rocket
$4,821 Closing Credit¹
#2068460, TARA M JINKS, Listing Office: LENNAR REALTY INC
Isle of Palms Housing Market Report January 2025•Duval County, Florida
Housing Prices in Isle of Palms, FL
How much do homes in Isle of Palms, FL cost?
Housing Market Conditions
Is Isle of Palms, FL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Isle of Palms is a Buyer's Market
Difference Since January 2024
At the same time last year, Isle of Palms was a Neutral Market.
Insight
Isle of Palms is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$626,250$342/SqFt
-$106,250
-14.5%
Based on all homes sold in the last 12 months
Insight
Homes in Isle of Palms have sold for 14.5% less than they did a year ago.
Summary: The median home sold price in Isle of Palms was $626,250 in January 2025, down 14.5% from last year, and the median price per square foot was $342.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $489K | $352.8K | -27.8% |
| 33 Bedrooms | $677.7K | $540K | -20.3% |
| 44 Bedrooms | $1.2M | $1.0M | -16.7% |
| 55+ Bedrooms | $3.3M | $1.0M | -69.5% |
Summary: Isle of Palms housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -27.8%. The home price for 3 bedroom homes decreased by -20.3%. The home price for 4 bedroom homes decreased by -16.7%. The home price for 5 bedroom homes decreased by -69.5%.
Housing supply in Isle of Palms, FL
How many homes are available in Isle of Palms, FL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 34Last MonthJan 2025 | ||
| 272 months agoDec 2024 | +25.9 % Change MoMDec – Jan |
Summary: The Isle of Palms real estate market had 34 homes for sale in Jan 2025, a 25.9 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 4Last MonthJan 2025 | ||
| 42 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 3 | 3 | 0.0% |
| 33 Bedrooms | 9 | 14 | +55.6% |
| 44 Bedrooms | 11 | 14 | +27.3% |
| 55+ Bedrooms | 4 | 3 | -25.0% |
Summary: Isle of Palms housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +55.6%. The inventory for 4 bedroom homes increased by +27.3%. The inventory for 5 bedroom homes decreased by -25.0%.
Asking Price vs. Sold Price
How much do homes in Isle of Palms, FL cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price2 Homes
Insight
If you're buying a home in Isle of Palms, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Isle of Palms in January 2025, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and and 25% were sold over asking.
Days on Market for Isle of Palms, FL
How long does it take to sell a home in Isle of Palms, FL?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Many homes in Isle of Palms are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 4 homes were sold in Isle of Palms; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 34 DaysThis YearJan 2025 | ||
| 42 Days1 year agoJan 2024 | -17.9 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Isle of Palms had an average listing age of 34 days in Jan 2025, down by 17.9% compared to the previous year.
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Newest Listings in Isle of Palms, FL
What homes are available in Isle of Palms, FL?
New - 5 days on Rocket
$6,827 Closing Credit¹
#2067955, JANNAH JORDAN, Listing Office: KELLER WILLIAMS REALTY ATLANTIC PARTNERS
New - 7 days on RocketBackup offers
$10,000 Closing Credit¹
#2067487, ASHLEY WILFORD, Listing Office: CASTILLO REAL ESTATE JAX
#2066267, ELIZABETH BLAIR OWEN, Listing Office: ANCHORED REAL ESTATE GROUP LLC
$10,000 Closing Credit¹
#2064190, BRETT NISSEN, Listing Office: MOMENTUM REALTY
Backup offers
$6,531 Closing Credit¹
#2063393, CHAD NEUMANN, Listing Office: CHAD AND SANDY REAL ESTATE GROUP
$5,688 Closing Credit¹
#2062745, KIMBERLY SESSIONS, Listing Office: KELLER WILLIAMS REALTY ATLANTIC PARTNERS
$6,233 Closing Credit¹
#2063439, JANNAH JORDAN, Listing Office: KELLER WILLIAMS REALTY ATLANTIC PARTNERS
$10,000 Closing Credit¹
#2063000, ERIC DREIBELBIS, Listing Office: KELLER WILLIAMS REALTY ATLANTIC PARTNERS
Backup offers
$6,116 Closing Credit¹
#2062681, EDWARD LANE, Listing Office: COMPASS FLORIDA LLC
$10,000 Closing Credit¹
#2062565, MICHELLE MOUSIN, Listing Office: ENGEL & VOLKERS FIRST COAST
$3,919 Closing Credit¹
#2060250, BARBARA SPARKS, Listing Office: A1A NORTH FLORIDA PROPERTIES
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MLS Disclaimers and Copyright
Based on information from realMLS, for the period 02/01/2023 - 02/01/2025
Copyright © 2025 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by other brokerage firms are marked with the listing broker's name and detailed information about such listings. Data provided is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 11:50:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 11:50:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.