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Featured local agent — Florence, CO
Sarah Mitchell
Compass Real Estate · Florence, CO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Florence, CO Housing Market & Real Estate
Housing market overview · Updated monthly ·
$270,000median sale price
How is the Florence, CO housing market right now?
The median home sale price in Florence, CO is $270,000, up 10.2% year-over-year. Homes sell in an average of 30 days with 34 active listings. The market is currently a buyer'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, CO is currently a buyer's market, based on 8.5 months of supply and homes selling in about 30 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
30
Average pace
Active listings
34
8.5 months supply
Sale-to-list
96.3%
Below asking
What does the Florence housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $270,000 |
| Median list price | $374,900 |
| Year-over-year price change | +10.2% |
| Average days on market | 30 days |
| Active inventory | 34 listings |
| Months of supply | 8.5 months |
| Sale-to-list price ratio | 96.3% |
| Median price per sq ft | $225/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 9 |
| Listings with a price cut | 29.4% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Florence by property type?
How the Florence, CO market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $270,000 | $225/sq ft | 4 | 30 days |
Source: Redfin · Updated monthly
The Florence housing market is currently classified as a buyer's market with a median sale price of $270,000. Prices have risen 10.2% compared to last year, with homes spending an average of 30 days on market, indicating 8.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 4.9x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Florence
There are currently 34 homes listed for sale in Florence, Colorado. The median listing price is $375K.
Active listings
34
Homes on market
Median list price
$375K
Avg. days on market
30
Days until sale
New this week
9
Newly listed
Who lives in Florence?
Population
3,870
Median income
$57,239/yr
Median age
43.3 years
Owner-occupied
68.4%
College grads
19.7%
Avg commute
28.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Florence?
Zillow home value
$281,545
Price-to-income
4.9x
Source: Zillow Research
What is it like to live in Florence?
Florence is a community of approximately 4K residents with a median age of 43.3 years.The median household income is $57,239, which represents a working-class community with solid middle-income opportunities. 19.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 68.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.7 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?
2 schools tracked · 1,067 students
The largest public schools serving Florence, CO 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 Jr./Sr. High School
Grades 7-12 · 592 students
Fremont Elementary School
Grades PK-6 · 475 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, CO?
Want a head-to-head view? Compare Florence side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Florence?
The median home sale price in Florence is $270,000, up 10.2% from last year.
How long do homes stay on market in Florence?
Homes typically spend 30 days on market before going under contract.
What is the median income in Florence?
The median household income is $57,239 per year.
Is Florence a buyer's or seller's market?
With 8.5 months of supply, Florence is currently a buyer's market.
What is the Zillow home value estimate for Florence?
The Zillow Home Value Index (ZHVI) for Florence is $281,545, 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, CO is $270,000 (about $225 per square foot).
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