Metropolitan market · South Carolina · September 2026 data

What is the Florence, SC real estate market doing?

As of September 2026, the median home listed in Florence, SC asks $263,105, down 2.4% year over year. Homes spend a median of 73 days on market, with 606 active listings and 18% carrying a price cut; pending contracts equal 53% of active listings, and inventory sits at 72% of the same month in 2019 — a balanced market. Estimated gross rental yield on the median listing is 5.1%. Figures come from public records and industry data, updated monthly.

Median listing price
$263,105
▼ 2.4% YoY
Median $ / sq ft
$147
1,770 sq ft median
Median days on market
73
September 2026
Active listings
606
For sale now
New listings
186
September 2026
Listings with price cuts
18%
Share of active
Inventory vs 2019
72%
Same month, 2019 = 100
Pending / active
53%
Contract activity
Median sale price (closed)
$249,999
▼ 0.2% YoY · closed sales · July 2026
Sale-to-list ratio
97.8%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
163
Closed sales · July 2026, seasonally adjusted

What is the Florence, SC housing market doing right now?

The Florence, SC housing market lists at a $263,105 median as of September 2026, down 2.4% year over year, with a 73-day median market time and 606 homes for sale (18% with a price cut). Active inventory is 72% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule. Gross rental yield is about 5.1%.

Florence housing market statistics

The table summarizes Florence's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Florence.

Florence, SC housing market at a glance — September 2026
MetricLatestDetail
Median listing price$263,105-2.4% YoY
Median price per sq ft$1471,770 sq ft median
Median days on market73+11% YoY
Active listings606-16% YoY
New listings this month186September 2026
Listings with a price cut18%Share of active
Median sale price (closed)$249,999-0.2% YoY · closed sales, July 2026
Sale-to-list ratio97.8%Closed sales, July 2026, seasonally adjusted
Pending-to-active ratio52.6%319 pending
Inventory vs 201972%Active listings vs same month in 2019
Gross rental yield5.1%2BR fair market rent

How have home prices changed in Florence?

Florence home prices are down 2.4% year over year and +1.2% month over month as of September 2026, at a $263,105 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$269K$265K$260K$255K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Florence SC · trailing 8 quarters · source: public records and industry data.

The 10-year view
$274K$247K$221K$194K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Florence SC · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Florence?

Florence has 606 active listings, 186 new this month, 319 pending as of September 2026. About 18% of active listings have cut their price, and inventory sits at 72% of its 2019 level — a balanced market by pace.

Active listings
606
New this month
186
Pending
319
Price-reduced
111

Is Florence a good real estate investment?

Florence scores 65/100 on WealthyBud's composite Investor Score, ranking #176 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
65/100
#176 of 933 covered metros
12-month outlook
+2.7%
▲ Rising · model output, not advice
Price volatility
Low
σ 4.7% · 20-yr price-index swings
Momentum
62
Value
57
Rental yield
82
Supply risk
29
Market heat
52

Florence scores 65/100 on our composite Investor Score (#176 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 50% over five years and +75% over ten, leaving prices 48% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,111/mo for a two-bedroom, the gross rental yield on the median listing is about 5.1%; active inventory sits at 72% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 2.4% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Florence ranks on the trending markets index.

How much is a monthly mortgage payment in Florence?

A home at Florence's $263,105 median listing runs about $1,440 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$1,300/mo
−$140/mo vs today
At today's rate · 7.28%
$1,440/mo
National weekly average
If rates rise 1% · 8.28%
$1,586/mo
+$146/mo vs today

Principal & interest on the $263,105 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Florence?

To buy Florence’s $263,105 median listing with 20% down, a household needs about $66,000 a year in gross income, keeping principal, interest and property tax ($1,534/mo) at 28% of income. That is 1.2× the area’s $53,874 median household income, so a typical Florence household cannot afford the median listing on these terms.

Income needed to buy the median home in Florence, SC — September 2026
ItemAmountBasis
Median listing price$263,105September 2026
Down payment (20%)$52,621Assumption
Principal & interest (7.28%, 30-yr fixed)$1,440/moRate as of 2026-10-01
Property tax (0.43% effective rate)$94/moCensus ACS
Income needed (28% rule)$66,000Gross household income / yr
Median household income$53,874Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Florence housing market?

Longer-run demand in Florence shows up in 907 homes permitted in 2025; net migration of +326 residents; +1.0% job growth. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
907
▲ 6.5% vs 2024
4.5 per 1,000 residents
Net migration (2022–2023)
+326
▲ people, via tax-return records
net income flow +$8.92M/yr
Job growth (YoY)
+1.0%
▲ 96.7k nonfarm jobs · August 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Hurricane

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Florence housing market FAQ

What is the median home price in Florence?
As of September 2026, the median listing price in Florence, SC is $263,105, down 2.4% year over year (source: public records and industry data). Figures cover the Florence, SC metro area.
How much does it cost to buy a home in Florence?
The median home listed in Florence asks $263,105 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $1,440 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Florence?
The median property in Florence spends 73 days on the market, with 606 homes actively listed and 18% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Florence?
With a median 73 days on market and 18% of active listings carrying a price cut, pending contracts at 53% of active listings, Florence reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Florence a good place to invest in real estate?
Florence scores 65/100 on WealthyBud's Investor Score, ranking #176 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Florence?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Florence and the wider South Carolina market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Florence, SC metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More South Carolina housing markets

Samuel Okonkwo Property Investment Analyst

Samuel Okonkwo is a property investment analyst who covers cap rates, cash-flow modeling and rental-property ROI for single-family and small multifamily investors. He builds his models from public rent and price data to help readers compare markets objectively.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.