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Single-family Foreclosures in Florence, MS

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Florence, MS Foreclosures

How much do homes sell for in Florence, MS?
The average home price is currently $240,702.
In Florence, MS, how many homes are available?
There are currently 36 active home listings available in Florence.
What’s the average rental cost in Florence, MS?
The average rental price in Florence is $1,307.
What is the most expensive home in Florence?
The most expensive home sold in Florence had a price of $3,774,500.
What is currently the cheapest priced home in Florence, MS?
The cheapest home for sale in Florence is priced at $11,500.

Living in Florence, MS

Florence, MS offers a quaint and peaceful environment with a close-knit community feel. Its proximity to Jackson provides residents easy access to urban conveniences, while still enjoying the benefits of suburban living. With a mixture of historical charm and modern amenities, Florence appeals to families and retirees alike.

Current Market Conditions in Florence, MS

The real estate market in Florence has seen steady growth over the past year, with home values increasing as demand for housing continues. The community remains attractive to first-time homebuyers and those looking to relocate due to its affordability and quality of life.

Homes in Florence are selling relatively quickly, and inventory levels are lower than average for the area, leading to a competitive market.

Home Value Estimator For Florence, MS

There are currently 6,885 real estate properties in Florence, MS, with a median automated valuation model (AVM) price of $224,718.00. 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, MS, 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, MS, is $240,702.00, with the most expensive house in Florence, MS, topping out at $3,774,500.00 and the cheapest home in Florence, MS, clocking in at $11,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Florence, MS!

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.

Florence, MS Single-family Homes

Market Trend for Florence, MS

Total Listings Available: 36

Market Values:

Home Prices from $11,500 to $3,774,500

Average Sales Price: $240,702

Rental Values:

Rental from $500 to $2,600

Average Rent Value: $1,307 / month

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