Foreclosure Homes in Florence, MS

Current Market Conditions in Florence, MS

Florence's real estate market has been steadily increasing as more families and individuals seek out more affordable housing options away from Jackson. This has resulted in a moderate increase in home prices and a competitive market for buyers, especially for single-family homes.

Housing demand has been boosted by the growing urban sprawl from Jackson, as people are looking for peaceful residential areas. Despite moderate price increases, the area remains a relatively affordable choice compared to nearby urban areas.

Rent Prices In Florence, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Florence, MS, is on a rollercoaster ride. The average rent price in Florence, MS, is $1,307.00. Indeed, when looking to rent in Florence, MS, you can expect to pay as little as $500.00 or as much as $2,600.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Florence, MS -- 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.