Florence, OR

Leaning buyer's-14.7% YoY

Housing market overview · Updated weekly

$325,000median sale price

Homes sold

11

Last 12 weeks

Days on market

75

Average pace

Active listings

46

4.2 months supply

Sale-to-list

97.7%

Below asking

The Florence housing market is currently classified as a leaning buyer's with a median sale price of $325,000. Prices have fallen 14.7% compared to last year, with homes spending an average of 75 days on market, indicating 4.2 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

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Frequently asked questions

What is the average home price in Florence?

The median home sale price in Florence is $325,000, down 14.7% from last year.

How long do homes stay on market in Florence?

Homes typically spend 75 days on market before going under contract.

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

With 4.2 months of supply, Florence is currently a leaning buyer's.

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