Florence, AL Housing Market & Real Estate

Leaning buyer's-7.8% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Florence, AL is $234,000, down 7.8% year-over-year. Homes sell in an average of 65 days with 126 active listings. The market is currently a leaning buyer's.

$234,000median sale price

Is Florence a buyer's or seller's market?

Leaning buyer's4.1 months of supply65 avg. days on market

Florence, AL is currently a leaning buyer's, based on 4.1 months of supply and homes selling in about 65 days. How we determine this →

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

Florence, AL market data

Current housing market statistics for Florence, AL
MetricValue
Median sale price$234,000
Median list price$289,900
Year-over-year price change-7.8%
Average days on market65 days
Active inventory126 listings
Months of supply4.1 months
Sale-to-list price ratio98.1%
Market conditionLeaning buyer's

Source: Redfin · Updated weekly

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

Homes for sale in Florence

There are currently 126 homes listed for sale in Florence, Alabama. The median listing price is $290K.

Active listings

126

Homes on market

Median list price

$290K

Avg. days on market

65

Days until sale

New this week

37

Newly listed

Price drops:23.8%of listings
Sale-to-list:98.1%

Top public schools in 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

Public

Forest Hills School

Grades PK-4 · 827 students

Public

Florence Middle School

Grades 7-8 · 649 students

Public

Central High School

Grades 7-12 · 603 students

Public

Wilson High School

Grades 7-12 · 599 students

Public

Rogers Elementary School

Grades PK-6 · 585 students

Public

Hibbett School

Grades 5-6 · 576 students

Public

Wilson Elementary School

Grades PK-6 · 556 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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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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