Florence Real Estate Market

Florence Market

The median mortgage debt is $82,248.

Additional Statistics for Single Family Homes and Condos in Florence, MS
$150,900
Median Listing Price
83
Median Days on Market
56
Active Listings
Not Available
Distressed Listings
(foreclosures and short sales)
Florence, MS Price Trends - Sold vs. Listed
The median list price in May for single family homes in Florence is $150,900. The list prices dropped by -2.64% from the previous month.
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Florence, MS Market Inventory Trends

The number of active listings in Florence increased by 5.7% from the previous month.

The median number of days active properties have been listed is 83. This is significantly shorter than the national average.

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Florence, MS Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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