Florence, MS

Buyer's market+10.0% YoY

Housing market overview · Updated weekly

$345,250median sale price

Homes sold

2

Last 12 weeks

Days on market

525

Average pace

Active listings

11

5.5 months supply

Sale-to-list

98.9%

Below asking

The Florence housing market is currently classified as a buyer's market with a median sale price of $345,250. Prices have risen 10.0% compared to last year, with homes spending an average of 525 days on market, indicating 5.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Florence

There are currently 11 homes listed for sale in Florence, Mississippi. The median listing price is $245K.

Active listings

11

Homes on market

Median list price

$245K

Avg. days on market

525

Days until sale

New this week

7

Newly listed

Price drops:27.3%of listings
Sale-to-list:98.9%

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Frequently asked questions

What is the average home price in Florence?

The median home sale price in Florence is $345,250, up 10.0% from last year.

How long do homes stay on market in Florence?

Homes typically spend 525 days on market before going under contract.

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

With 5.5 months of supply, Florence is currently a buyer's market.

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