Florence, SC 29506 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Florence, SC — 29506
Market Hotness
30
Hotness Rank
#10,497
Hotness Score
30
Supply Score
14
Demand Score
45
DOM vs US
+23.3%
Slower
Price vs US
58%
Below avg
Median Listing Price
$249K
Population
20,777
Households
62,090
Median Days on Market
76
Active Listings
51
New Listings
20
Housing Market
Pricing
Median Listing Price
$249K
-0.3% YoY
Average Listing Price
$251K
-4.4% YoY
Price per Sq Ft
$146
-6.0% YoY
Median Sq Ft
1,603
-0.2% YoY
Inventory
Active Listings
51
-40.4% YoY
New Listings
20
-9.1% YoY
Total Listings
80
-12.6% YoY
Buyer Competition
Pending Listings
28
+409.1% YoY
Pending Ratio
0.55
+48.5% YoY
Median Days on Market
76
+39.3% YoY
Price Reduced
12.4%
+1.7% 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
20,777
+2.2% 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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