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FLORENCE, SC 29506

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The FLORENCE, SC real estate market (29506) currently shows 67 active listings, with 8 pending sales. Homes are averaging 95 days on the market before going under contract.

Inventory has tightened compared to last year, with 36 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 95 days on market compared to 114 days last year.

The median listing price has fallen 2.7% year-over-year, from $225,653 to $219,650.

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
67
⇩ 35% vs 103 last year
Pending
8
12% pending ratio
Median Price
$219,650
⇩ 2.7% vs $225,653 last year
Average Price
$215,893
⇩ 8.5% vs $235,834 last year
Days on Market
95
⇩ 16.7% vs 114 days last year

Price Per Square Foot

Median $/sqft
$150
⇧ 8.7% vs $138/sqft last year
Median Home Size
1,587 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 67 this year vs 103 last year
  • Days on market: 95 now vs 114 last year

Median & Average Pricing

Year over Year
  • Median: $219,650 (-2.7% YoY)
  • Average: $215,893 (-8.5% 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 — 208 listings ($50,176,781 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
29506Florence, SC 295060.0 mi65$15,174,640$224,450$233,456
29592Sellers, SC 2959210.4 mi1$180,000$180,000$180,000
29541Effingham, SC 2954111.4 mi17$4,503,657$225,000$264,921
29565Latta, SC 2956513.0 mi20$4,190,780$229,000$209,539
29530Coward, SC 2953016.2 mi1$285,000$285,000$285,000
29540Darlington, SC 2954017.0 mi6$1,573,200$239,000$262,200
29591Scranton, SC 2959119.9 mi6$1,312,560$199,999$218,760
29574Mullins, SC 2957421.7 mi35$6,963,775$178,700$198,965
29114Olanta, SC 2911424.3 mi4$424,996$100,548$106,249
29069Lamar, SC 2906925.9 mi3$643,899$169,000$214,633
29560Lake City, SC 2956026.6 mi34$10,239,304$169,999$301,156
29563Lake View, SC 2956327.0 mi3$1,437,999$599,500$479,333
29555Johnsonville, SC 2955527.7 mi13$3,246,971$209,000$249,767

Frequently Asked Questions

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

As of February 2026, there are 67 active listings in FLORENCE, SC (zip code 29506), compared to 103 the prior year.

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

The median listing price in FLORENCE, SC 29506 is $219,650 as of February 2026, a 2.7% decrease from $225,653 the prior year.

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

Homes in FLORENCE, SC 29506 spend an average of 95 days on the market before going under contract, compared to 114 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 February 2026, FLORENCE, SC 29506 is currently a Seller's Market. Inventory has tightened compared to last year, with 36 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 95 days on market compared to 114 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 $4,393 compared to a typical 5% commission on the median listing price of $219,650. 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.