Florence, SC Foreclosures
How much do homes sell for in Florence, SC?
The average home price is currently $267,459.
In Florence, SC, how many homes are available?
There are currently 268 active home listings available in Florence.
What’s the average rental cost in Florence, SC?
The average rental price in Florence is $1,221.
What is the most expensive home in Florence?
The most expensive home sold in Florence had a price of $36,719,050.
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 rich history, friendly community, and diverse amenities. It offers residents a warm climate, great educational options, and a variety of outdoor recreational activities. With convenient transportation options and local attractions, Florence is a great place to live, work, and play.
Current Market Conditions in Florence, SC
The real estate market in Florence, SC, has shown positive growth recently with an increasing demand for homes. There is a balanced mix of historic properties and new constructions, appealing to a wide range of buyers, from first-time homeowners to retirees. Market activity has been robust, reflecting a competitive atmosphere for prospective buyers.
In the past year, Florence has experienced a steady increase in home values, bolstered by its desirable amenities and strong employment opportunities in surrounding areas. The low inventory of homes has created a seller's market, with homes often selling quickly and sometimes above asking price.
Home Value Estimator For Florence, SC
There are currently 33,216 real estate properties
in Florence, SC,
with a median automated valuation model (AVM) price
of $206,468.00. 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 $267,459.00, with the most expensive house
in Florence, SC, topping out
at $36,719,050.00 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 $1,221.00. 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 $1,130.00. 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.
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