Housing Prices in Florence, KY
How much do homes in Florence, KY cost?
Median List Price
$284,950
$172/sqft
Based on all homes listed in May 2024.
Difference Since Last Month
Summary: The median home list price in Florence was $284,950 in May 2024, down 4.7% from the previous month, and the median price per square foot was $172.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $134.9K | N/A |
2 Bedrooms | $225K | $199.9K | -11.1% |
3 Bedrooms | $291.5K | $295K | +1.2% |
4 Bedrooms | $425K | $379.7K | -10.7% |
5+ Bedrooms | $548.3K | $548.3K | 0.0% |
Summary: Florence housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
Elsmere | $160K | $219K | +36.9% |
Independence | $389.7K | $378K | -3.0% |
Florence | $299K | $284.9K | -4.7% |
Erlanger | $377.2K | $249.9K | -33.8% |
Housing Supply in Florence, KY
How many homes are available in Florence, KY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
39 | 108 | +176.9% |
Summary: The Florence real estate market had 108 homes for sale in May 2024, a 176.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 16 | 40 | +150.0% |
3 Bedrooms | 8 | 35 | +337.5% |
4 Bedrooms | 13 | 30 | +130.8% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Florence housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 150%, 3 bedroom homes increased by 337.5%, 4 bedroom homes increased by 130.8%, and 5+ bedroom homes remained the same.
Days on Market for Florence, KY
How long does it take to sell a home in Florence, KY?
Average Listing Age
Apr 2024 | May 2024 | CHANGE |
---|---|---|
31 Days | 29 Days | -5.3% |
Summary: Homes in Florence had an average listing age of 29 days in May 2024, down by 5.3% compared to the previous month.