Housing in Florence, AL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$270,450
Median List Price
$264,850
Price Per Sq Ft
$149
Days on Market
49
Active Inventory
120
Months of Supply
3.5
Seller's market
Zillow Home Value
$201,279
ZHVI — January 2026
Zillow Rent Index
$1,139
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
11.8%
Off Market in 2 Weeks
28.6%
Sale-to-List Ratio
98.3%
Buyer's market
Market Activity
Source: RedfinHomes Sold
34
New Listings
49
Pending Sales
42
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$149
Median List $/SF
$156
Florence vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Florence is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$174,100
Median Rent
$784
Total Housing Units
19,766
Vacancy Rate
13.0%
Owner Occupied
50.5%
Renter Occupied
49.5%
Median Property Tax
$757
per year
Monthly Cost (w/ Mortgage)
$750
Housing Types
The current median sale price in Florence, AL is $270,450 according to Redfin data. Homes spend a median of 49 days on the market. 11.8% of homes sold above asking price. The market has 3.5 months of supply. The median price per square foot is $149. Zillow's observed rent index is $1,139/month. About 50.5% of housing units are owner-occupied. The median year homes were built is 1972. There are 19,766 total housing units.