Is Florence, SC 29505 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Florence is a balanced market. With about 5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5Under 4 months = seller’s market

Sold above original list10.3%Share of sales, last 3 months

Median sale-to-list97.1%Sold price ÷ list price

Median days on market72Listing to accepted offer

Median price per sq ft$149▲ +5.7% vs. last year

Run the numbers for 29505

Prefilled for 29505Can I win this house?Multiple-offer likelihood for a listing Prefilled for 29505Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Coward 29530Balanced $125 /sq ft Effingham 29541Seller’s market $140 /sq ft Florence 29501Balanced $156 /sq ft Florence 29506Balanced $148 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology