Florence, SC
Housing market overview · Updated weekly
$299,000median sale price
Homes sold
38
Last 12 weeks
Days on market
118
Average pace
Active listings
242
6.4 months supply
Sale-to-list
95.2%
Below asking
The Florence housing market is currently classified as a buyer's market with a median sale price of $299,000. Prices have risen 26.3% compared to last year, with homes spending an average of 118 days on market, indicating 6.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
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 $299,000, up 26.3% from last year.
How long do homes stay on market in Florence?
Homes typically spend 118 days on market before going under contract.
Is Florence a buyer's or seller's market?
With 6.4 months of supply, Florence is currently a buyer's market.
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