Florence, SC metro area Housing Market
Cold MarketComprehensive housing market data for the Florence, SC metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$265K
↑ 15.2% YoY
Days on Market
97 days
↑ 47.0% YoY
Active Inventory
746
↑ 19.7% YoY
Homes Sold
145
↑ 2.1% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Florence, SC metro area Market Summary
The Florence, SC metro area housing market is cooling down. As of March 2026, the median home sale price is $265K, up 15.2% year-over-year. Homes are spending a median of 97 days on the market, 47.0% longer than a year ago.
There are 746 homes for sale — 19.7% more than last year. With 5.1 months of supply, this is a balanced market. 228 new listings were added during this period, up 23.2% year-over-year.
Homes are selling for 96.4% of their list price on average, suggesting room for negotiation. 6.9% of homes sell above their asking price. 21.6% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
81
Contributing Factors
How This Market Compares
vs. National Median
vs. South Carolina Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 39% below the national median, which could indicate stronger cash flow potential.
Florence, SC metro area Market Trends
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Detailed Market Metrics
Median List Price
$264K
Price per Sq Ft
$149
Sale-to-List Ratio
96.4%
Months of Supply
5.1
Sold Above List
6.9%
Price Drops
21.6%
New Listings
228
↑ 23.2% YoY
Pending Sales
218
Off Market in 2 Weeks
29.4%
Other Markets in South Carolina
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Spartanburg, SC metro area
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Hilton Head Island, SC metro area
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Sumter, SC metro area
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Georgetown, SC metro area
$437K · 125d on market
Seneca, SC metro area
$349K · 78d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.