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Preforeclosure Homes in Florence, SC 29506

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Florence, SC Foreclosures

How much do homes sell for in Florence, SC?
The average home price is currently $241,891.
In Florence, SC, how many homes are available?
There are currently 23 active home listings available in Florence.
What’s the average rental cost in Florence, SC?
The average rental price in Florence is $1,196.
What is the most expensive home in Florence?
The most expensive home sold in Florence had a price of $36,832,070.
What is currently the cheapest priced home in Florence, SC?
The cheapest home for sale in Florence is priced at $3,673.

Living in Florence, SC

Florence, SC, is a charming Southern city known for its historical significance and modern amenities. It offers a friendly community vibe, ample recreational opportunities, and a range of educational institutions. With convenient transportation options, Florence is an ideal place for families and professionals alike.

Current Market Conditions in Florence, SC

The real estate market in Florence has shown steady growth over the last year, with an increased demand for residential properties due to the city's appealing lifestyle. Home prices have seen a gradual upward trend, with more buyers looking to settle down in this friendly community. The market caters to a diverse range of buyers, from first-time homeowners to retirees seeking comfortable residences in a welcoming environment.

As of late 2023, we have observed an influx of new construction projects in Florence, which has contributed to the overall housing supply. However, the demand is still outpacing availability, keeping prices competitive and encouraging home investment in the area.

Home Value Estimator For Florence, SC

There are currently 23,878 real estate properties in Florence, SC, with a median automated valuation model (AVM) price of $198,569.00. 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, SC, 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, SC, is $241,891.00, with the most expensive house in Florence, SC, topping out at $36,832,070.00 and the cheapest home in Florence, SC, clocking in at $3,673.00. In other words, there’s something for every potential homebuyer or savvy investor in Florence, SC!

Rent Prices In Florence, SC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Florence, SC, is on a rollercoaster ride. The average rent price in Florence, SC, is $1,196.00. Indeed, when looking to rent in Florence, SC, you can expect to pay as little as $480.00 or as much as $2,540.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Florence, SC -- 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, SC 29506 Preforeclosure Homes

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