Sep 2026
$245K
-4.0% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Florence, SC housing market
Florence, SC metro median sale price $245K in Sep 2026, down 4.0% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the Florence, SC metro is $245K as of Sep 2026, down 4.0% from a year earlier. That is the 14th-steepest year-over-year decline of the 383 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro points the other way: up 7.0% through Q2 2026.
Florence has the lowest median sale price of the eight South Carolina metros Pecan Street tracks ($245K); Sumter ($271K) is next. On median days on market, Florence (73 days) ranks 3rd of the eight South Carolina metros, between Myrtle Beach (82 days) and Greenville (62 days). On share of listings with a price cut, Florence (33%) ranks 6th of the eight South Carolina metros, between Myrtle Beach (39%) and Hilton Head Island (30%).
Listings spent a median 73 days on market in Sep 2026, more than in most of the 385 metros. 33% of active listings carry a price cut, 13.5 points more than a year earlier. That share is lower than in most of the 385 metros. Median asking prices sit about 7% above the median sale price.
At the 7.29% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $1,344 a month; at 28% of gross income, that takes about $58K a year. The median sale price equals about 14 years of HUD Fair Market Rent, a ratio down 4.7% from a year earlier. That ratio is lower than in most of the 373 metros. Active listings ask a median $147 per square foot, up 0.2% from a year earlier.
In four of the six ZIP codes in the table below, median list prices are lower than a year earlier; two are higher.
Headline
Oct 15, 2026
7.29%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,344/mo
$58K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Florence compares to other U.S. metros
| Home-price growth | ↓370th of 383 |
|---|---|
| Days on market | ↑65th of 385 (top 17%) |
| Price-to-rent | ↓258th of 373 |
| Price cuts | ↓258th of 385 |
| Asking-vs-sale gap | 125th of 292 (top 43%) |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 14 -4.7% YoY ↓258th of 373 |
|---|---|
| Asking price / sq ft | $147 +0.2% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 33% +13.5 pts YoY ↓258th of 385 |
|---|
The median asking price $263K runs about 7% above the median sale price $245K.
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. Asking is the median list price of active listings (Realtor.com, this month); sale is the headline median of recent closings (Redfin, a rolling 3-month median) — distinct sources and windows, so the gap is a directional read, not a like-for-like difference. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 6 shown of 16 |
|---|---|
| MLS board of record | — |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
No signals flagged for this market right now.
Recent notable readings
- Zillow home values were lower than a year earlier in none ZIP codes across the Florence metro (Sep 2026): the 17th-lowest share among the 274 U.S. metros Pecan Street tracks with enough ZIP-level data to compare.
Readings from the latest data that sit at one end of the U.S. metros Pecan Street tracks, from the nightly cross-metro comparison. They are not signal alerts.
Price reconciliation
red · 11.0ppRedfin (metro) -4.0% | FHFA HPI · Q2 2026 +7.0% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
More markets in SC
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Try it freeZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 29501 | $301K↓ | 214↓ | 66↑ | 72↑ | 73↑ | $245K↑ |
| 29505 | $270K↓ | 90↓ | 34↑ | 30↑ | 57↓ | $238K↑ |
| 29506 | $195K↓ | 48↓ | 8↓ | 16 | 97↑ | $150K↑ |
| 29532 | $238K↓ | 54↓ | 18↓ | 14↑ | 91↑ | $156K↑ |
| 29550 | $280K↑ | 103↑ | 26↑ | 28↑ | 72↓ | $183K↑ |
| 29560 | $209K↑ | 26↓ | 6↓ | 8↑ | 97↑ | $128K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.