Housing in Florence, KY

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$249,250

Median List Price

$250,000

Price Per Sq Ft

$170

Days on Market

27

Active Inventory

35

Months of Supply

1.3

Seller's market

Zillow Home Value

$281,444

ZHVI — January 2026

Zillow Rent Index

$1,610

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 7.1%List Price 3.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

14.3%

Off Market in 2 Weeks

40.5%

Sale-to-List Ratio

99.3%

Buyer's market

Sold Above Asking
14.3%
Under Contract in 2 Wks
40.5%
Listings with Price Drops
68.6%

Market Activity

Source: Redfin

Homes Sold

28

New Listings

28

Pending Sales

37

Homes Sold 17.6%New Listings 3.4%Pending 27.6%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$170

Median List $/SF

$173

Sale $/SF 3.7%List $/SF 1.2%Mar 24Jan 26

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

$196,200

Median Rent

$1,199

Total Housing Units

14,637

Vacancy Rate

4.2%

Owner Occupied

59.3%

Renter Occupied

40.7%

Median Property Tax

$1,810

per year

Monthly Cost (w/ Mortgage)

$1,095

Housing Types

Single Family
54.0%
Multi-Family
45.9%
Mobile Home
0.2%

The current median sale price in Florence, KY is $249,250 according to Redfin data. Homes spend a median of 27 days on the market. 14.3% of homes sold above asking price. The market has 1.3 months of supply. The median price per square foot is $170. Zillow's observed rent index is $1,610/month. About 59.3% of housing units are owner-occupied. The median year homes were built is 1985. There are 14,637 total housing units.