How much does it cost to buy a house in Florence, MS?

In May 2026 Florence homes were listed to buy for a median price of $299K, which is a 14% decrease to April 2025 last month, and a 14% decrease to May 2025 last year. The median value of a home listed to buy in Florence in May 2026 was $153 per sqft, which is a 5% decrease to April 2025 last month, and a 4% decrease to May 2025 last year.

Is it affordable or expensive to live in Florence, MS?

It is affordable to live in Florence. Buying a home in Florence is 1% less expensive compared with the national average.

Is it a good time to buy property in Florence, MS?

Yes now is a good time to buy property in Florence, in May 2026, homes in Florence have decreased in value (price per sqft) by 4% in the last year compared with May 2025.

Is the Florence, MS housing market slowing down?

The housing market in Florence is slowing down. In May 2026, homes to buy in Florence spent an median 79 days on the market, a 30% decrease from May 2025 last year.

What are the best and safest places to live in Florence, MS?

The best and safest neighborhoods to live in Florence in May 2026 are Bridgewater, Greenwood Plantation, Carlton Parke, Reunion, Roses Bluff, Overlook Point, Fontanelle, Crosscreek, Dinsmor, Geneva Gardens, Breakers, Wendover, Cypress Lake, Natchez Trace Village, Whisper Lake, Northbay, Shadowood, Point Clear, Tide Water, Boardwalk

How much money should I make to buy a house in Florence, MS?

In May 2026, Florence homes were listed to buy for a median price of $299K, with 25% down you would need $1.63K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $55.9K.

Is it a good time to sell my house in Florence, MS?

Yes now is a good time to sell your house in Florence, in May 2026, homes in Florence have decreased in value (price per sqft) by 4% in the last year compared with May 2025.