$3,027 Closing Credit*
$254,900
1,477 SqFt
3 Beds
•2 Full Baths
Suzi T Heggins Smith, Listing Office: McKee Realty, Inc.
Housing Prices in Florence, MS
How much do homes in Florence, MS cost?
Median List Price
$264,950
$158/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$30,450(+13.0%)
Key Takeaway
The list price of homes in Florence has increased by 13% since last year.
Summary: The median home list price in Florence was $264,950 in October 2024, up 13% from the previous year, and the median price per square foot was $158.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $150K | $189.9K | +26.6% |
| 3 Bedrooms | $215K | $244.9K | +13.9% |
| 4 Bedrooms | $355.1K | $349.9K | -1.5% |
| 5+ Bedrooms | $554.9K | $612.5K | +10.4% |
Summary: Florence housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.6%, 3 bedroom homes increased by 13.9%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 10.4%.
Median List Price Compared To Nearby Cities
| Florence | $234.5K | $264.9K | +13.0% |
| Richland | $205K | $220K | +7.3% |
Housing Supply in Florence, MS
How many homes are available in Florence, MS?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 64 | 63 | -1.6% |
Summary: The Florence real estate market had 63 homes for sale in October 2024, a 1.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 34 | 34 | 0.0% |
| 4 Bedrooms | 26 | 26 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Florence housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Florence, MS
How long does it take to sell a home in Florence, MS?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 159 Days | 102 Days | -36.2% |
Summary: Homes in Florence had an average listing age of 102 days in Oct 2024, down by 36.2% compared to the previous year.
