Housing Prices in Florence, MS
How much do homes in Florence, MS cost?
Median List Price
$234,700
$149/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Florence has decreased by 3.2% since last year.
Summary: The median home list price in Florence was $234,700 in March 2024, down 3.2% from the previous year, and the median price per square foot was $149.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $152.4K | $150K | -1.6% |
| 3 Bedrooms | $218K | $216.8K | -0.5% |
| 4 Bedrooms | $355.1K | $340K | -4.3% |
| 5+ Bedrooms | $554.9K | $552K | -0.5% |
Summary: Florence housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.6%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 0.5%.
Median List Price Compared To Nearby Cities
| Richland | $225K | $225K | 0.0% |
| Florence | $242.5K | $234.7K | -3.2% |
Housing Supply in Florence, MS
How many homes are available in Florence, MS?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 54 | 59 | +9.3% |
Summary: The Florence real estate market had 59 homes for sale in March 2024, a 9.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 32 | 36 | +12.5% |
| 4 Bedrooms | 20 | 20 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Florence housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Days on Market for Florence, MS
How long does it take to sell a home in Florence, MS?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 113 Days | 168 Days | +49.4% |
Summary: Homes in Florence had an average listing age of 168 days in Mar 2024, up by 49.4% compared to the previous year.
