New Listing
$155,000
207 Byrd Ln
Florence, SC 29506
3 bd1 ba1,053 sqft$147/ft²
House8,276 sqft lot
View photos & details
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Sarah Mitchell
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Compass Real Estate · Florence, SC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Florence, SC(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
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Florence, SC Housing Market & Real Estate
Buyer's market-6.0% YoY
Housing market overview · Updated monthly ·
$239,700median sale price
How is the Florence, SC housing market right now?
The median home sale price in Florence, SC is $239,700, down 6.0% year-over-year. Homes sell in an average of 97 days with 297 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?
Buyer's market5.3 months of supply97 avg. days on market
Florence, SC is currently a buyer's market, based on 5.3 months of supply and homes selling in about 97 days. How we determine this →
Homes sold
56
Last 12 weeks
Days on market
97
Average pace
Active listings
297
5.3 months supply
Sale-to-list
96.9%
Below asking
What does the Florence housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $239,700 |
| Median list price | $284,500 |
| Year-over-year price change | -6.0% |
| Average days on market | 97 days |
| Active inventory | 297 listings |
| Months of supply | 5.3 months |
| Sale-to-list price ratio | 96.9% |
| Median price per sq ft | $149/sq ft |
| Homes sold (latest month) | 56 |
| New listings (latest month) | 85 |
| Listings with a price cut | 19.2% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Florence by property type?
How the Florence, SC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $285,000 | $151/sq ft | 48 | 96 days |
| Condo / Co-op | $147,500 | $96/sq ft | 4 | 93 days |
| Townhouse | $157,000 | $115/sq ft | 3 | 140 days |
Source: Redfin · Updated monthly
The Florence housing market is currently classified as a buyer's market with a median sale price of $239,700. Prices have fallen 6.0% compared to last year, with homes spending an average of 97 days on market, indicating 5.3 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 4.0x provides context for how home values compare to local earning capacity.
Homes for sale in Florence
There are currently 297 homes listed for sale in Florence, South Carolina. The median listing price is $285K. Featured listings range from $155,000 to $1,200,000.
New Listing
48
$156,900
1189 Waxwing Dr Apt F
Florence, SC 29505
3 bd2 ba1,480 sqft$106/ft²
Condo
View photos & details
New Build
30
$296,615
3321 Royal Star Ln
Florence, SC 29505
4 bd2 ba1,774 sqft$167/ft²
House7,405 sqft lot
View photos & details
New Listing
52
$300,000
726 Wisteria Dr
Florence, SC 29501
3 bd2 ba2,740 sqft$109/ft²
House17.85 acres
View photos & details
New Build
31
$311,440
3313 Royal Star Ln
Florence, SC 29505
3 bd2 ba1,883 sqft$165/ft²
House7,405 sqft lot
View photos & details
New Build
32
$314,423
3329 Royal Star Ln
Florence, SC 29505
4 bd3 ba2,340 sqft$134/ft²
House10,454 sqft lot
View photos & details
New Build
28
$324,540
3324 Royal Star Ln
Florence, SC 29505
4 bd3 ba2,203 sqft$147/ft²
House6,970 sqft lot
View photos & details
New Listing
40
$329,000
3463 Sweetgrass Dr
Florence, SC 29501
3 bd3 ba1,831 sqft$180/ft²
House10,019 sqft lot
View photos & details
New Listing
26
$365,000
2406 Vardon Way
Florence, SC 29506
2 bd3 ba2,403 sqft$152/ft²
House10,454 sqft lot
View photos & details
New Listing
60
$390,000
3463 Claude Douglas Cir
Florence, SC 29501
4 bd3 ba2,610 sqft$149/ft²
House20,473 sqft lot
View photos & details
New Listing
68
$565,000
2208 Timberlane Dr
Florence, SC 29506
4 bd5 ba3,820 sqft$148/ft²
House28,314 sqft lot
View photos & details
New Listing
75
$1,200,000
612 Honor Cv
Florence, SC 29501
4 bd5 ba5,018 sqft$239/ft²
House33,106 sqft lot
View photos & details
Looking to buy in Florence?
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Active listings
297
Homes on market
Median list price
$285K
Avg. days on market
97
Days until sale
New this week
85
Newly listed
Price drops:19.2%of listings
Sale-to-list:96.9%
Who lives in Florence?
Population
40,205
Median income
$56,433/yr
Median age
37.6 years
Owner-occupied
59.7%
College grads
29.9%
Avg commute
18.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Florence?
Zillow home value
$226,001
Zillow rent index
$1,313/mo
Price-to-rent ratio
14.3x
Price-to-income
4.0x
Source: Zillow Research
What is it like to live in Florence?
Florence is a community of approximately 40K residents with a median age of 37.6 years.The median household income is $56,433, which represents a working-class community with solid middle-income opportunities. 29.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 59.7%, showing a blend of owner and renter-occupied properties. The average commute time is 18.7 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?
22 schools tracked · 15,284 students
The largest public schools serving Florence, SC 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.
West Florence High
Grades 9-12 · 1,879 students
South Florence High
Grades 9-12 · 1,627 students
Wilson High
Grades 9-12 · 1,316 students
Southside Middle
Grades 6-8 · 1,093 students
John W. Moore Middle
Grades 6-8 · 1,063 students
Delmae Heights Elementary
Grades K-5 · 1,004 students
Williams Middle
Grades 6-8 · 819 students
Virtus Academy of South Carolina
Grades K-10 · 686 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, SC?
Want a head-to-head view? Compare Florence side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Florence?
Is Florence a good real estate investment market?
For investors evaluating Florence, the price-to-rent ratio of 14.3x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 6.0% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Florence's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Florence's median home price.
Frequently asked questions
What is the average home price in Florence?
The median home sale price in Florence is $239,700, down 6.0% from last year.
How long do homes stay on market in Florence?
Homes typically spend 97 days on market before going under contract.
What is the median income in Florence?
The median household income is $56,433 per year.
Is Florence a buyer's or seller's market?
With 5.3 months of supply, Florence is currently a buyer's market.
How many homes are for sale in Florence?
There are currently 297 homes listed for sale in Florence, SC.
What is the Zillow home value estimate for Florence?
The Zillow Home Value Index (ZHVI) for Florence is $226,001, representing the typical home value in the area.
What is the median condo price in Florence?
The median condo/co-op sale price in Florence, SC is $147,500, compared to $285,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Florence?
The median single-family home price in Florence, SC is $285,000 (about $151 per square foot).
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