Florence, MS Home Values & Market Trends

Real estate market trends reflect that there have been 181 transactions over the past year in Florence. The median value for residential home transactions that occurred over the previous year is $221,953.51. The number of current listings in Florence is 43, and the percentage of properties for sale in the city is 43.00%. Florence, MS currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 43 properties for sale.

Florence, MS Real Estate Market Overview

ZipMedian Est. Value
39073

$ 247,980

$ 118/sqft

Housing Market Summary for Florence, MS

Apr 2023March 2024Change
Median Listing Price$224K$228.6K2.06%
Median Sold Price$229.9K$228.6K-0.56%
Homes For Sale39427.69%
Homes Sold7470-5.41%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Florence, MS

Florence home values range from $1,130 to $1,638,520. The median estimated value of a home in Florence is $221,953.51. The median list price of a home is 235,000, and the total count of properties in the city is 7,339.

Foreclosure
There is 1 zips within Florence, MS; within this zips, the median estimated home value for homes in foreclosure ranges from $258,605 in 39073 to the lowest value of $258,605 in 39073. Foreclosure homes account for 0.00% of properties in Florence, MS with 39073 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Florence, MS with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Florence, MS; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Florence, MS ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Florence, MS. There is 1 zips within Florence, MS; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    39073 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Florence, MS. Auction homes and other auction properties account for 0.01% of all properties in Florence, MS. There is 1 zips within Florence, MS; of that zips, the median estimated home value for homes going to auction ranges from $258,605 in 39073 to the lowest value of $258,605 in 39073.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.59% of residential properties in Florence, MS with 39073 containing 43 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Florence, MS; homes for sale in that zips, have a range of median values from $567,110 in 39073 to the lowest value of $96,085 in 39073.
    Sold Homes
    The median value for recently sold homes ranges from $1,208,606 in 39073 to the lowest price of $129,069 in 39073. There is 1 zips within Florence, MS. 39073 has 68 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.93% of properties in Florence, MS.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Florence, MS
      $
      $

      Guide for Florence, MS

      Market Reports
      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      See More Articles
      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      Market Reports|posted 9 April 2024

      Biloxi’s real estate market shows dynamic growth and consumer confidence, with property values rising from $271,000 to $290,000 within a year, despite some price fluctuations.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Recently Listed Homes Florence, MS

      No data to show