Florence, KY Housing Market & Real Estate

Seller's market-0.3% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Florence, KY is $257,000, down 0.3% year-over-year. Homes sell in an average of 24 days with 42 active listings. The market is currently a seller's market.

$257,000median sale price

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

Seller's market1.6 months of supply24 avg. days on market

Florence, KY is currently a seller's market, based on 1.6 months of supply and homes selling in about 24 days. How we determine this →

Homes sold

27

Last 12 weeks

Days on market

24

Average pace

Active listings

42

1.6 months supply

Sale-to-list

98.2%

Below asking

Florence, KY market data

Current housing market statistics for Florence, KY
MetricValue
Median sale price$257,000
Median list price$271,450
Year-over-year price change-0.3%
Average days on market24 days
Active inventory42 listings
Months of supply1.6 months
Sale-to-list price ratio98.2%
Market conditionSeller's market

Source: Redfin · Updated weekly

The Florence housing market is currently classified as a seller's market with a median sale price of $257,000. Prices have fallen 0.3% compared to last year, with homes spending an average of 24 days on market, indicating 1.6 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 42 homes listed for sale in Florence, Kentucky. The median listing price is $271K.

Active listings

42

Homes on market

Median list price

$271K

Avg. days on market

24

Days until sale

New this week

28

Newly listed

Price drops:26.2%of listings
Sale-to-list:98.2%

Top public schools in Florence

9 schools tracked · 5,798 students

The largest public schools serving Florence, KY 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.

Boone County High School

Grades 9-12 · 1,299 students

Public

Erpenbeck Elementary School

Grades PK-5 · 764 students

Public

Ockerman Elementary School

Grades PK-5 · 706 students

Public

Rector A. Jones Middle School

Grades 6-8 · 674 students

Public

Ockerman Middle School

Grades 6-8 · 631 students

Public

Florence Elementary School

Grades PK-5 · 577 students

Public

A M Yealey Elementary School

Grades PK-5 · 576 students

Public

Hillard Collins Elementary School

Grades PK-5 · 527 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 $257,000, down 0.3% from last year.

How long do homes stay on market in Florence?

Homes typically spend 24 days on market before going under contract.

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

With 1.6 months of supply, Florence is currently a seller's market.

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