Is Florence, MA 01062 a buyer’s or seller’s market?

The Florence housing market right now

In the three months ending August 31, 2026, 59% of homes in Florence, MA 01062 sold above their list price, the typical home went under contract in 21 days and there were 1.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 45 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 79%, homes sold more slowly (19 days then) and the median sale price rose 5% to $519,775. Overall, Florence is less competitive than a year ago, which gives buyers more room.

Within Hampshire County, homes here sell faster than in 62% of the county’s ZIP codes, and sell more often over asking than in 81%. On our competition score, Florence ranks #44 of 362 MA ZIP codes with enough sales (score 92 out of 100).

Nearby, buyers who want less competition could look at West Chesterfield 01084 (0% sold over asking) or Plainfield 01070 (0% sold over asking), while West Hatfield 01088 (100% sold over asking) and Hadley 01035 (72% sold over asking) are even more competitive.