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FLORENCE, SC 29506

Real Estate Market Report  ·  Florence County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The FLORENCE, SC real estate market (29506) currently shows 78 active listings, with 9 pending sales. Homes are averaging 70 days on the market before going under contract.

Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 70 days on market compared to 113 days last year.

The median listing price has fallen 0.2% year-over-year, from $225,000 to $224,475.

Whether you are buying or selling in FLORENCE, SC, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 20,545  ·  Density: 65.7/mi²  ·  Median household income: $36,116

Typical home value: $110,249  ·  Homeownership: 51.3%

Market Overview

Active Listings
78
⇩ 18.8% vs 96 last year
Pending
9
12% pending ratio
Median Price
$224,475
⇩ 0.2% vs $225,000 last year
Average Price
$240,524
⇧ 1.3% vs $237,368 last year
Days on Market
70
⇩ 38.1% vs 113 days last year

Price Per Square Foot

Median $/sqft
$153
⇧ 10.9% vs $138/sqft last year
Median Home Size
1,538 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 78 this year vs 96 last year
  • Days on market: 70 now vs 113 last year

Median & Average Pricing

Year over Year
  • Median: $224,475 (-0.2% YoY)
  • Average: $240,524 (+1.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 27.7 miles — 232 listings ($55,253,080 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
29506Florence, SC 295060.0 mi67$14,464,831$219,650$215,893
29592Sellers, SC 2959210.4 mi1$180,000$180,000$180,000
29541Effingham, SC 2954111.4 mi22$5,806,108$225,000$263,914
29565Latta, SC 2956513.0 mi23$4,772,293$226,000$207,491
29530Coward, SC 2953016.2 mi2$570,000$285,000$285,000
29540Darlington, SC 2954017.0 mi5$1,368,025$283,745$273,605
29591Scranton, SC 2959119.9 mi6$1,190,796$196,224$198,466
29574Mullins, SC 2957421.7 mi40$7,791,440$173,350$194,786
29114Olanta, SC 2911424.3 mi4$393,572$91,086$98,393
29069Lamar, SC 2906925.9 mi3$546,561$161,975$182,187
29560Lake City, SC 2956026.6 mi37$12,504,446$179,250$337,958
29563Lake View, SC 2956327.0 mi3$1,191,876$371,125$397,292
29555Johnsonville, SC 2955527.7 mi19$4,473,132$179,375$235,428

Frequently Asked Questions

How many homes are for sale in FLORENCE, SC 29506?

As of March 2026, there are 78 active listings in FLORENCE, SC (zip code 29506), compared to 96 the prior year.

What is the median home price in FLORENCE, SC 29506?

The median listing price in FLORENCE, SC 29506 is $224,475 as of March 2026, a 0.2% decrease from $225,000 the prior year.

How long do homes stay on the market in FLORENCE, SC?

Homes in FLORENCE, SC 29506 spend an average of 70 days on the market before going under contract, compared to 113 days the prior year.

Is it a seller's or buyer's market in FLORENCE, SC 29506?

Based on current inventory and days-on-market data as of March 2026, FLORENCE, SC 29506 is currently a Seller's Market. Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 70 days on market compared to 113 days last year.

How much can I save on real estate commission in FLORENCE, SC?

With SELL123.com's maximum 3% commission, sellers in FLORENCE, SC 29506 save an estimated $4,490 compared to a typical 5% commission on the median listing price of $224,475. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.