Commercial Real Estate Market in Isle of Palms, SC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
19 active listings and 414 off-market properties in Isle of Palms, SC.
Market Trends
Isle of Palms, SC spans 9.1 square miles in Charleston County, South Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Isle of Palms, SC runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Isle of Palms, SC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Isle of Palms, SC runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Isle of Palms, SC runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Isle of Palms, SC has 4,417 residents in 4,581 households. Density runs 485 people per square mile. Median household income here is $148,285 and median gross rent $3,236 a month.
4,417
Population
4,581
Households
1
Avg Household Size
55
Median Age
70%
College-Educated
100%
High-School Grad
9.1 sq mi
ZIP Area
485
Density / Sq Mi
$148,285
Median Household Income
$87,391
Median Earnings
$3,236
Median Rent
$1,197,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Mount Pleasant | — | $26.36 |
| Sullivans Island | — | — |
| Wando | — | — |
| Charleston | — | $28.27 |
Commercial property in Isle of Palms, SC asks $2,114/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Isle of Palms?
Commercial property in Isle of Palms, SC asks an average of $2,114 per square foot. The 3 most recent recorded sales traded at a median of $577/SF, so asking sits 267% above the achieved median.
Where does Realmo's Isle of Palms market data come from?
Realmo compiles Isle of Palms, SC figures from 8 recent recorded sales, 19 active sale listings, 414 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 19 active for-sale and 0 active for-lease listings in Isle of Palms, SC. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
