Is Florence, MS 39073 a buyer’s or seller’s market?

The Florence housing market right now

In the three months ending August 31, 2026, 5% of homes in Florence, MS 39073 sold above their list price, the typical home went under contract in 28 days and there were 3.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 43 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 26%, homes sold more slowly (17 days then) and the median sale price fell 5% to $251,391. Overall, Florence is less competitive than a year ago, which gives buyers more room.

Within Rankin County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in 83%. On our competition score, Florence ranks #37 of 89 MS ZIP codes with enough sales (score 31 out of 100).

Nearby, buyers who want less competition could look at Pelahatchie 39145 (0% sold over asking), while Brandon 39042 (13% sold over asking) and Richland 39218 (12% sold over asking) are even more competitive.