Housing in Florence
Detailed housing data — sourced from authoritative datasets and normalized for direct comparison.
Housing in Florence, Kentucky
The housing market in Florence, AL, is characterized by its affordability compared to national trends. As of May 2026, the median home price in Florence was $235,000, representing a 4.4% increase over the past year. The median sale price in April 2026 was $185,733, with a median list price of $290,000 in May 2026. The median price per square foot was $151 in May 2026. Florence was considered a buyer's market in May 2026, indicating that the supply of homes was greater than the demand. Homes typically sell after 27 days on the market. The homeownership rate in Florence was 52.1% in 2024. For renters, the average rent for all property types was $1,195 as of June 2026.
Housing
About Florence, Kentucky
Florence, Alabama, often referred to as the "Renaissance City," is a vibrant community nestled along the Tennessee River in the Shoals region of Northwest Alabama. Known for its rich history, diverse cultural scene, and natural beauty, Florence attracts residents seeking a blend of small-town charm and modern amenities. The city boasts a lively downtown area, historic districts with well-preserved architecture, and a strong connection to music history, particularly through its proximity to Muscle Shoals. People are drawn to Florence for its affordable cost of living, friendly atmosphere, and access to outdoor recreational opportunities along the river and in nearby parks. It is also home to the University of North Alabama, which contributes to a youthful energy and a variety of educational and cultural events.