Florence, OR Home Values & Market Trends

Real estate market trends reflect that there have been 389 transactions over the past year in Florence. The median value for residential home transactions that occurred over the previous year is $480,467.14. The number of current listings in Florence is 58, and the percentage of properties for sale in the city is 58.00%. Florence, OR currently has 7 properties in foreclosure, 3 bank owned properties, 4 properties headed for auction, and 58 properties for sale.

Florence, OR Real Estate Market Overview

ZipMedian Est. Value
97439

$ 535,883

$ 320/sqft

Housing Market Summary for Florence, OR

Mar 2023February 2024Change
Median Listing Price$448.9K$490.2K9.20%
Median Sold Price$453.7K$490.2K8.05%
Homes For Sale6258-6.45%
Homes Sold25528612.16%
Price
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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%.

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Browse Homes in Florence, OR

Florence home values range from $41,521 to $3,333,156. The median estimated value of a home in Florence is $480,467.14. The median list price of a home is 424,950, and the total count of properties in the city is 8,054.

Foreclosure
There is 1 zips within Florence, OR; within this zips, the median estimated home value for homes in foreclosure ranges from $654,934 in 97439 to the lowest value of $201,152 in 97439. Foreclosure homes account for 0.00% of properties in Florence, OR with 97439 containing 7 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, OR 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, OR; 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, OR ranges from the highest value of $638,367 in 97439 to the lowest value of $319,660 in 97439. Bank owned homes and properties account for 0.04% of properties in Florence, OR. There is 1 zips within Florence, OR; 97439 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    97439 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Florence, OR. Auction homes and other auction properties account for 0.05% of all properties in Florence, OR. There is 1 zips within Florence, OR; of that zips, the median estimated home value for homes going to auction ranges from $654,934 in 97439 to the lowest value of $201,152 in 97439.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.72% of residential properties in Florence, OR with 97439 containing 58 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Florence, OR; homes for sale in that zips, have a range of median values from $2,700,000 in 97439 to the lowest value of $195,146 in 97439.
    Sold Homes
    The median value for recently sold homes ranges from $1,860,175 in 97439 to the lowest price of $154,132 in 97439. There is 1 zips within Florence, OR. 97439 has 270 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.35% of properties in Florence, OR.

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      Guide for Florence, OR

      Home Buying Guides & Tips
      Oregon Foreclosure Laws
      A new home
      Home Buying Financing
      How Much Should You Spend On Your First Home?
      Buy to Rent
      How To Choose The Right Property Management Tool
      Buy to Rent
      6 Tips For Dealing With Difficult Tenants
      See More Articles
      Oregon Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Oregon Foreclosure Laws

      A new home
      How Much Should You Spend On Your First Home?
      Home Buying Financing|posted 6 March 2024

      Buying your first home is an exciting and significant milestone in life. It’s a decision that requires careful consideration, especially when it comes to finances. Understanding how much you should spend on your first home is crucial to ensure a smooth and stress-free buying process. In this article, we will explore the basics of home […]

      How To Choose The Right Property Management Tool
      Buy to Rent|posted 5 March 2024

      Learn how to select the perfect property management tool for your real estate business.

      6 Tips For Dealing With Difficult Tenants
      Buy to Rent|posted 5 March 2024

      Discover 6 practical tips to effectively handle challenging tenants and maintain a harmonious landlord-tenant relationship.

      Recently Listed Homes Florence, OR

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