Florence, SC 29505 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Florence, SC — 29505
Market Hotness
60
Hotness Rank
#4,805
Hotness Score
60
Supply Score
48
Demand Score
72
DOM vs US
-1.3%
Faster
Price vs US
65%
Below avg
Median Listing Price
$277K
Population
23,895
Households
62,090
Median Days on Market
52
Active Listings
111
New Listings
36
Housing Market
Pricing
Median Listing Price
$277K
+0.9% YoY
Average Listing Price
$273K
-5.8% YoY
Price per Sq Ft
$145
+3.6% YoY
Median Sq Ft
1,774
-0.1% YoY
Inventory
Active Listings
111
+13.3% YoY
New Listings
36
0.0% YoY
Total Listings
178
+77.5% YoY
Buyer Competition
Pending Listings
67
+2560.0% YoY
Pending Ratio
0.60
+57.4% YoY
Median Days on Market
52
-12.3% YoY
Price Reduced
16.8%
-0.6% 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
23,895
-0.2% 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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