Florence, SC Home Values & Market Trends

Real estate market trends reflect that there have been 1,395 transactions over the past year in Florence. The median value for residential home transactions that occurred over the previous year is $269,184. The number of current listings in Florence is 1,175, and the percentage of properties for sale in the city is 1175.00%. Florence, SC currently has 205 properties in foreclosure, 27 bank owned properties, 22 properties headed for auction, and 1,175 properties for sale.

Florence, SC Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
29501

$ 302,751

$ 153/sqft

29506

$ 181,163

$ 130/sqft

29505

$ 256,245

$ 149/sqft

Housing Market Summary for Florence, SC

Sep 2025September 2026Change
Median Listing Price$248.7K$269.4K8.34%
Median Sold Price$192.8K$171K-11.31%
Homes For Sale8411,16738.76%
Homes Sold634549-13.41%
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, SC

Florence home values range from $12,705 to $5,500,000. The median estimated value of a home in Florence is $269,184. The median list price of a home is 267,000, and the total count of properties in the city is 2,133.

Foreclosure
There are 3 zips within Florence, SC; within these zips, the median estimated home value for homes in foreclosure ranges from $451,331 in 29506 to the lowest value of $47,371 in 29506. Foreclosure homes account for 9.00% of properties in Florence, SC with 29501 containing 102 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 7.31% of all residential properties in Florence, SC with 29501 containing 74 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Florence, SC; of those zips, the estimated home value for pre-foreclosure homes ranges from $774,900 in 29505 to the lowest home value of $47,371 in 29506.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Florence, SC ranges from the highest value of $1,012,318 in 29505 to the lowest value of $61,081 in 29501. Bank owned homes and properties account for 1.27% of properties in Florence, SC. There are 3 zips within Florence, SC; 29501 containing 16 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    29501 has 12 auction properties, the highest number of properties going to auction in a single zip in the state of Florence, SC. Auction homes and other auction properties account for 1.03% of all properties in Florence, SC. There are 3 zips within Florence, SC; of those zips, the median estimated home value for homes going to auction ranges from $525,000 in 29506 to the lowest value of $55,014 in 29506.
Homes for Sale
Homes and properties that are actively listed for sale account for 55.09% of residential properties in Florence, SC with 29501 containing 648 homes for sale, the highest number of listed properties in a single zip. There are 3 zips within Florence, SC; homes for sale in those zips, have a range of median values from $765,000 in 29505 to the lowest value of $21,837 in 29506.
    Sold Homes
    The median value for recently sold homes ranges from $574,900 in 29505 to the lowest price of $12,705 in 29505. There are 3 zips within Florence, SC. 29501 has 310 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 25.69% of properties in Florence, SC.

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      Guide for Florence, SC

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.