Housing in Florence, MS

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$255,000

Median List Price

$309,250

Price Per Sq Ft

$154

Days on Market

65

Active Inventory

12

Months of Supply

6.0

Balanced market

Zillow Home Value

$242,495

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 0.0%List Price 32.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

96.5%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
8.3%

Market Activity

Source: Redfin

Homes Sold

2

New Listings

6

Pending Sales

2

Homes Sold 71.4%New Listings 25.0%Pending 77.8%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$154

Median List $/SF

$166

Sale $/SF 5.5%List $/SF 0.0%Mar 24Jan 26

Florence vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 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

$207,400

Median Rent

$1,037

Total Housing Units

1,885

Vacancy Rate

12.8%

Owner Occupied

71.0%

Renter Occupied

29.0%

Median Property Tax

$1,434

per year

Monthly Cost (w/ Mortgage)

$1,364

Housing Types

Single Family
72.1%
Multi-Family
21.4%
Mobile Home
6.5%

The current median sale price in Florence, MS is $255,000 according to Redfin data. Homes spend a median of 65 days on the market. 0.0% of homes sold above asking price. The market has 6.0 months of supply. The median price per square foot is $154. The median rent is $1,037 per month (Census ACS). About 71.0% of housing units are owner-occupied. The median year homes were built is 1999. There are 1,885 total housing units.