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Foreclosure Homes in Florence, AL

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Florence, AL Foreclosures

How much do homes sell for in Florence, AL?
The average home price is currently $253,117.
In Florence, AL, how many homes are available?
There are currently 198 active home listings available in Florence.
What’s the average rental cost in Florence, AL?
The average rental price in Florence is $1,053.
What is the most expensive home in Florence?
The most expensive home sold in Florence had a price of $9,027,463.
What is currently the cheapest priced home in Florence, AL?
The cheapest home for sale in Florence is priced at $10,052.

Living in Florence, AL

Florence, AL, offers a rich blend of history, culture, and community. With access to a variety of educational institutions, recreational parks, and a vibrant local music scene, this city stands out as an attractive location for families and investors alike. Its welcoming environment and scenic river views create an appealing lifestyle for residents.

Current Market Conditions in Florence, AL

The real estate market in Florence is currently characterized by stable pricing and a steady demand for both rental and owned properties. With its appealing amenities and lifestyle, the area attracts many new residents and investors looking for promising opportunities.

Recent trends indicate a growing interest in multi-family housing as more people are drawn to the city for work and leisure. This trend has led to increased developments and renovations of older properties, indicating a healthy market recovery and potential for property value increases.

Home Value Estimator For Florence, AL

There are currently 21,840 real estate properties in Florence, AL, with a median automated valuation model (AVM) price of $206,918.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Florence, AL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Florence, AL, is $253,117.00, with the most expensive house in Florence, AL, topping out at $9,027,463.00 and the cheapest home in Florence, AL, clocking in at $10,052.00. In other words, there’s something for every potential homebuyer or savvy investor in Florence, AL!

Rent Prices In Florence, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Florence, AL, is on a rollercoaster ride. The average rent price in Florence, AL, is $1,053.00. Indeed, when looking to rent in Florence, AL, you can expect to pay as little as $400.00 or as much as $2,380.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Florence, AL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Florence, AL Foreclosures


Market Trend for Florence, AL

Total Listings Available: 198

Market Values:

Home Prices from $10,052 to $9,027,463

Average Sales Price: $253,117

Rental Values:

Rental from $400 to $2,380

Average Rent Value: $1,053 / month

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