Florence, SC 29501 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Florence, SC — 29501
Market Hotness
50
Hotness Rank
#6,362
Hotness Score
50
Supply Score
31
Demand Score
70
DOM vs US
+8.8%
Slower
Price vs US
68%
Below avg
Median Listing Price
$294K
Population
48,673
Households
62,090
Median Days on Market
62
Active Listings
210
New Listings
90
Housing Market
Pricing
Median Listing Price
$294K
-13.0% YoY
Average Listing Price
$363K
+5.4% YoY
Price per Sq Ft
$156
+2.5% YoY
Median Sq Ft
1,862
-11.3% YoY
Inventory
Active Listings
210
-17.0% YoY
New Listings
90
+2.3% YoY
Total Listings
303
+18.6% YoY
Buyer Competition
Pending Listings
94
+2237.5% YoY
Pending Ratio
0.45
+43.0% YoY
Median Days on Market
62
+22.9% YoY
Price Reduced
16.1%
-3.9% YoY
FY2026 Fair Market Rent — Florence County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$948
/month
1 BR
$953
/month
2 BR
$1,117
/month
3 BR
$1,434
/month
4 BR
$1,588
/month
FMR Trends — Florence County
Source: HUD Fair Market Rents
Demand Fundamentals
Median Age
39.4
2024
Population
ZIP Population
48,673
+3.0% YoY
Florence County Population
138,049
+0.4% YoY
Households
Total Housing Units
62,090
+1.1% YoY
Age
2024 Age Mix
137K
residents
Under 18
32,288
23.5%
Adults 18–64
80,022
58.4%
65 & Over
24,807
18.1%
Age Composition Over Time
2017–2024
Population Under 18
32,288
-0.5% YoY
Population 65 & Over
24,807
+2.2% YoY
Median Age
39.40
+0.5% YoY
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