Brokers — List your Company Here
Featured local agent — Florence, AL
Sarah Mitchell
Compass Real Estate · Florence, AL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Florence, AL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$229,000median sale price
How is the Florence, AL housing market right now?
The median home sale price in Florence, AL is $229,000, up 6.5% year-over-year. Homes sell in an average of 20 days with 139 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Florence a buyer's or seller's market?
Florence, AL is currently a seller's market, based on 2.6 months of supply and homes selling in about 20 days. How we determine this →
Homes sold
53
Last 12 weeks
Days on market
20
Fast-moving
Active listings
139
2.6 months supply
Sale-to-list
97.1%
Below asking
What does the Florence housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $229,000 |
| Median list price | $247,450 |
| Year-over-year price change | +6.5% |
| Average days on market | 20 days |
| Active inventory | 139 listings |
| Months of supply | 2.6 months |
| Sale-to-list price ratio | 97.1% |
| Median price per sq ft | $144/sq ft |
| Homes sold (latest month) | 53 |
| New listings (latest month) | 60 |
| Listings with a price cut | 36.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Florence by property type?
How the Florence, AL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $229,000 | $144/sq ft | 49 | 18 days |
| Townhouse | $236,950 | $161/sq ft | 4 | 67 days |
Source: Redfin · Updated monthly
The Florence housing market is currently classified as a seller's market with a median sale price of $229,000. Prices have risen 6.5% compared to last year, with homes spending an average of 20 days on market, indicating 2.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.3x provides context for how home values compare to local earning capacity.
Homes for sale in Florence
There are currently 139 homes listed for sale in Florence, Alabama. The median listing price is $247K.
Active listings
139
Homes on market
Median list price
$247K
Avg. days on market
20
Days until sale
New this week
60
Newly listed
Who lives in Florence?
Population
41,231
Median income
$50,396/yr
Median age
35.1 years
Owner-occupied
50.5%
College grads
31.1%
Avg commute
18.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Florence?
Zillow home value
$216,121
Zillow rent index
$1,228/mo
Price-to-rent ratio
14.7x
Price-to-income
4.3x
Source: Zillow Research
What is it like to live in Florence?
Florence is a community of approximately 41K residents with a median age of 35.1 years.The median household income is $50,396, which represents a working-class community with solid middle-income opportunities. 31.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 50.5%, showing a blend of owner and renter-occupied properties. The average commute time is 18.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Florence offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Florence?
15 schools tracked · 7,753 students
The largest public schools serving Florence, AL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Florence High School
Grades 10-12 · 1,074 students
Forest Hills School
Grades PK-4 · 827 students
Florence Middle School
Grades 7-8 · 649 students
Central High School
Grades 7-12 · 603 students
Wilson High School
Grades 7-12 · 599 students
Rogers Elementary School
Grades PK-6 · 585 students
Hibbett School
Grades 5-6 · 576 students
Wilson Elementary School
Grades PK-6 · 556 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Florence, AL?
Want a head-to-head view? Compare Florence side-by-side with any other U.S. city using our market-comparison tool.
Is Florence a good real estate investment market?
For investors evaluating Florence, the price-to-rent ratio of 14.7x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 6.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Florence's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Florence's median home price.
Frequently asked questions
What is the average home price in Florence?
The median home sale price in Florence is $229,000, up 6.5% from last year.
How long do homes stay on market in Florence?
Homes typically spend 20 days on market before going under contract.
What is the median income in Florence?
The median household income is $50,396 per year.
Is Florence a buyer's or seller's market?
With 2.6 months of supply, Florence is currently a seller's market.
What is the Zillow home value estimate for Florence?
The Zillow Home Value Index (ZHVI) for Florence is $216,121, representing the typical home value in the area.
How much does a single-family home cost in Florence?
The median single-family home price in Florence, AL is $229,000 (about $144 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Florence, AL
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Florence market alerts
Weekly updates on prices, inventory, and trends. Free forever.