$160,000
26.00 Acres
Land
Josh Williamson, Justin C Hutton, Listing Office: Hopper Properties
Housing Prices in Florence, MS
How much do homes in Florence, MS cost?
Median List Price
$264,900
$158/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$32,650(+14.1%)
Key Takeaway
The list price of homes in Florence has increased by 14.1% since last year.
Summary: The median home list price in Florence was $264,900 in November 2024, up 14.1% from the previous year, and the median price per square foot was $158.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $150K | $198.5K | +32.3% |
| 3 Bedrooms | $215K | $244.9K | +13.9% |
| 4 Bedrooms | $353.3K | $349.9K | -1.0% |
| 5+ Bedrooms | $546.9K | $612.5K | +12.0% |
Summary: Florence housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32.3%, 3 bedroom homes increased by 13.9%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 12%.
Median List Price Compared To Nearby Cities
| Florence | $232.2K | $264.9K | +14.1% |
| Richland | $217.5K | $220K | +1.1% |
Housing Supply in Florence, MS
How many homes are available in Florence, MS?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 | 65 | +12.1% |
Summary: The Florence real estate market had 65 homes for sale in November 2024, a 12.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 31 | 35 | +12.9% |
| 4 Bedrooms | 24 | 27 | +12.5% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Florence housing inventory by bedroom type for November 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 12.9%, 4 bedroom homes increased by 12.5%, 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 178 Days | 97 Days | -45.4% |
Summary: Homes in Florence had an average listing age of 97 days in Nov 2024, down by 45.4% compared to the previous year.
