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Florence, SC 29501 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Florence, SC inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.11
ActiveActive listings: 105105PendingPending sales: 1212
Florence, SC: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $275k$275kSoldMedian sold price (last 6 months): $272k$272k
What homes actually sell for in Florence, SC
Distribution of 473 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $169k to $372k
$70k to $147k: 75 sales$70k$147k to $224k: 75 sales$224k to $301k: 108 sales108sales$224k$301k to $378k: 75 sales$378k to $454k: 52 sales$378k$454k to $531k: 22 sales$531k to $608k: 12 sales$531k$608k to $685k: 7 salesMedian $272k

What the numbers say

As of October 5, 2026, Resideline is tracking 105 active listings and 12 pending sales in ZIP code 29501. That pending-to-active ratio of 0.11 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $275,000, while the median of the 473 closed sales Resideline tracked over the last six months was $272,500. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 29501 for 82 days.

Frequently asked questions

What is the median home price in 29501?

The median closed sale price in Florence, SC 29501 was $272,500 over the last six months, based on 473 closed sales tracked by Resideline. The middle half of those sales ranged from $168,900 to $372,000.

Is 29501 a buyer's or seller's market?

Resideline is currently tracking 12 pending sales against 105 active listings in 29501, a pending-to-active ratio of 0.11. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 29501 currently looks like a balanced market.

Nearby ZIP code market data

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