Florence, AL
Housing market overview · Updated weekly
$234,000median sale price
Homes sold
31
Last 12 weeks
Days on market
65
Average pace
Active listings
126
4.1 months supply
Sale-to-list
98.1%
Below asking
The Florence housing market is currently classified as a leaning buyer's with a median sale price of $234,000. Prices have fallen 7.8% compared to last year, with homes spending an average of 65 days on market, indicating 4.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Florence?
The median home sale price in Florence is $234,000, down 7.8% from last year.
How long do homes stay on market in Florence?
Homes typically spend 65 days on market before going under contract.
Is Florence a buyer's or seller's market?
With 4.1 months of supply, Florence is currently a leaning buyer's.
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