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Featured local agent — Florence, MN
Sarah Mitchell
Compass Real Estate · Florence, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Florence, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$180,000median sale price
How is the Florence, MN housing market right now?
The median home sale price in Florence, MN is $180,000. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of August 2025 — 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, MN is currently a balanced market. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
—
Average pace
Active listings
—
Sale-to-list
100.0%
Above asking
What does the Florence housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $180,000 |
| Median list price | $180,000 |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $76/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Florence by property type?
How the Florence, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $180,000 | $76/sq ft | 1 | — |
Source: Redfin · Updated monthly
The Florence housing market is currently classified as a balanced market with a median sale price of $180,000. Prices have fallen 0.0% compared to last year.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Florence
Explore homes currently listed for sale in Florence, Minnesota across major real estate platforms.
Who lives in Florence?
Population
29
Median income
$42,500/yr
Median age
29.9 years
Owner-occupied
75.0%
College grads
16.7%
Source: U.S. Census Bureau ACS
What is it like to live in Florence?
Florence is a community of approximately 0K residents with a median age of 29.9 years.The median household income is $42,500, which represents a working-class community with solid middle-income opportunities. 16.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 75.0%, reflecting strong community stability and long-term resident commitment.Overall, Florence offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Florence, MN?
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 $180,000, down 0.0% from last year.
What is the median income in Florence?
The median household income is $42,500 per year.
How much does a single-family home cost in Florence?
The median single-family home price in Florence, MN is $180,000 (about $76 per square foot).
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