$5,164 Closing Credit*
$434,900
1,120 SqFt
3 Beds
•2 Full Baths
#50162105, CHASE ERICKSON, Listing Office: STEPHENS REAL ESTATE-FLORENCE
Is Florence, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Florence has remained a Neutral Market.
Key Takeaway
Florence is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Florence, WI
How much do homes in Florence, WI cost?
Median Sold Price
$302,700
$280/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$203,750(+205.9%)
Key Takeaway
Homes in Florence have sold for 205.9% more than they did a month ago.
Summary: The median home sold price in Florence was $302,700 in November 2024, up 205.9% from last month, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $98.9K | $335.5K | +239.1% |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | $269.9K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Florence housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes increased by 239.1%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Florence | $98.9K | $302.7K | +205.9% |
| Fern | $98.9K | $269.9K | +172.8% |
| Mastodon Township | $265K | $303K | +14.3% |
Housing Supply in Florence, WI
How many homes are available in Florence, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Summary: The Florence real estate market had 13 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Florence housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Florence, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Florence in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Florence, WI
How long does it take to sell a home in Florence, WI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 7 Days | -22.2% |
Summary: Homes in Florence had an average of 7 days on market in Nov 2024, down by 22.2% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Florence are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Florence; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.