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Area data

Florence, SC — ZIP 29501

Population: 48,673 (Census ACS)

Home values & appreciation

Median home value
$242,239
1-year appreciation
+3.9%
3-year appreciation
+10.0%
5-year appreciation
+29.4%
10-year appreciation
+60.6%
All-time peak (2026-07)
$242,239
House Price Index
444.0 (+2.0% YoY)

Market activity

Median sale price
$158,850
Median list price
$165,000
Median days on market
100.5 days
Sale-to-list ratio
98.7%
Active listings
20
1-year forecast
+1.3%
Days to pending
64 days
New listings (monthly)
66

Rents

Typical rent
$1,504/mo
1-year rent change
+1.0%
1BR fair-market rent
$1,117/mo
3BR fair-market rent
$1,681/mo

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
15.0¢/kWh
Natural gas rate (state-level)
$16.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
14
Elementary schools
7
Middle schools
3
High schools
1
Charter schools
2

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
hurricane, iceStorm, lightning, tornado, coldWave
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
50.2 in

Air quality

Air quality rating
Good
Median AQI (annual)
49
Days with Good air quality
191

Walkability & transit

Walkability index
8.3 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Florence Regional Airport (FLO) (6 mi)
Nearest major airport
Florence Regional Airport (FLO) (6 mi)
Hospitals nearby (~15 mi)
2
Avg hospital rating
3.0 / 5
Solar radiation rating
Good (4.6 kWh/m²/day)

Migration

Net migration
+255 tax filers

Housing stock

Median year housing built
1,986
Median annual property tax
$1,018
Mean commute to work
18 min
Households with broadband internet
70.9%

Employment & development

Total county employment
54,403
Average weekly wage
$939
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
411

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents