Florence, AL Real Estate & Property Data

Florence Real Estate Market Trends
Last Updated: March 19, 2024

To gain a better understanding of the real estate market in Florence, AL, it is essential to have accurate and comprehensive real estate data. ATTOM provides up-to-date real estate data for Florence, which is refreshed on a daily basis. Based on the latest market trends, a total of 1,262 residential properties have been sold in Florence, AL over the past year, with a median home price of $188,400 and 0.35%. To find more detailed property data for Florence, Alabama, look no further than ATTOM.

Florence Real Estate Market Trends
Total Residential Properties 23,596
Total Commercial Properties 1,373
Avg. Home Age (Single Family Home) 53 Years
Avg. Square Feet (Single Family Home) 1,760
Total 2024 Residential Sales (year-to-date) 58
% of Homes Seriously Underwater (Q1 2024) 1.18%
Total 2023 Residential Sales 1,204
% of Equity Rich Homes (Q1 2024) 20.68%
Effective 2023 Property Tax 0.35%
Total Foreclosure Filings (year-to-date) N/A
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Florence, AL Real Estate Overview

A total of 1,262 residential properties have been sold in Florence, AL over the past year, with a median home price of $200,945. There are currently 23,596 residential properties in Florence, AL, which can be further analyzed by looking at the 3 zip codes and 1284 streets encompassing the city.

Median Sales Price i
$188,400
(Jan 2024)
+12.2%
year-over-year
y-o-y
  • January '24 Jan '24 $188,400
  • December '23 Dec '23 $190,000
  • November '23 Nov '23 $233,000
  • October '23 Oct '23 $175,000
  • September '23 Sep '23 $222,450
  • August '23 Aug '23 $178,000
  • July '23 Jul '23 $199,000
  • June '23 Jun '23 $204,127
  • May '23 May '23 $185,000
  • April '23 Apr '23 $175,000
  • March '23 Mar '23 $200,000
  • February '23 Feb '23 $175,500
Median Down Payment i
$168,210
(Jan 2024)
+9.4%
year-over-year
y-o-y
  • January '24 Jan '24 $168,210
  • December '23 Dec '23 $25,000
  • November '23 Nov '23 $66,875
  • October '23 Oct '23 $14,825
  • September '23 Sep '23 $20,535
  • August '23 Aug '23 $14,500
  • July '23 Jul '23 $35,950
  • June '23 Jun '23 $26,250
  • May '23 May '23 $8,845
  • April '23 Apr '23 $24,000
  • March '23 Mar '23 $59,400
  • February '23 Feb '23 $152,520
Number of Homes Sold i
58
(Jan 2024)
-38.3%
year-over-year
y-o-y
  • January '24 Jan '24 58
  • December '23 Dec '23 90
  • November '23 Nov '23 73
  • October '23 Oct '23 109
  • September '23 Sep '23 97
  • August '23 Aug '23 135
  • July '23 Jul '23 98
  • June '23 Jun '23 128
  • May '23 May '23 108
  • April '23 Apr '23 105
  • March '23 Mar '23 97
  • February '23 Feb '23 70
Number of Purchase Loans i
25
(Jan 2024)
-50%
year-over-year
y-o-y
  • January '24 Jan '24 25
  • December '23 Dec '23 48
  • November '23 Nov '23 41
  • October '23 Oct '23 55
  • September '23 Sep '23 54
  • August '23 Aug '23 77
  • July '23 Jul '23 54
  • June '23 Jun '23 70
  • May '23 May '23 63
  • April '23 Apr '23 41
  • March '23 Mar '23 55
  • February '23 Feb '23 35
Number of REFI Loans i
28
(Jan 2024)
+27.3%
year-over-year
y-o-y
  • January '24 Jan '24 28
  • December '23 Dec '23 27
  • November '23 Nov '23 28
  • October '23 Oct '23 39
  • September '23 Sep '23 47
  • August '23 Aug '23 27
  • July '23 Jul '23 21
  • June '23 Jun '23 49
  • May '23 May '23 43
  • April '23 Apr '23 29
  • March '23 Mar '23 23
  • February '23 Feb '23 18
Number of HELOC Loans i
4
(Jan 2024)
-81.8%
year-over-year
y-o-y
  • January '24 Jan '24 4
  • December '23 Dec '23 12
  • November '23 Nov '23 11
  • October '23 Oct '23 16
  • September '23 Sep '23 14
  • August '23 Aug '23 43
  • July '23 Jul '23 26
  • June '23 Jun '23 25
  • May '23 May '23 17
  • April '23 Apr '23 18
  • March '23 Mar '23 22
  • February '23 Feb '23 25

Florence, AL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Florence, AL Foreclosure Activity

Total Foreclosure Filings i
  • January '24 Jan '24 N/A
  • December '23 Dec '23 2
  • November '23 Nov '23 3
  • October '23 Oct '23 5
  • September '23 Sep '23 5
  • August '23 Aug '23 3
  • July '23 Jul '23 2
  • June '23 Jun '23 14
  • May '23 May '23 2
  • April '23 Apr '23 4
  • March '23 Mar '23 2
  • February '23 Feb '23 N/A
Foreclosure Starts i
  • January '24 Jan '24 N/A
  • December '23 Dec '23 2
  • November '23 Nov '23 3
  • October '23 Oct '23 5
  • September '23 Sep '23 5
  • August '23 Aug '23 3
  • July '23 Jul '23 2
  • June '23 Jun '23 14
  • May '23 May '23 2
  • April '23 Apr '23 4
  • March '23 Mar '23 2
  • February '23 Feb '23 N/A
Completed Foreclosures (REOs) i
  • January '24 Jan '24 N/A
  • December '23 Dec '23 2
  • November '23 Nov '23 4
  • October '23 Oct '23 2
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 2
  • June '23 Jun '23 1
  • May '23 May '23 2
  • April '23 Apr '23 1
  • March '23 Mar '23 1
  • February '23 Feb '23 3
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