Is Florence, MT 59833 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Florence is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market82Listing to accepted offer
Median price per sq ft$333▼ −4.9% vs. last year

The Florence housing market right now

In the three months ending August 31, 2026, 0% of homes in Florence, MT 59833 sold above their list price, the typical home went under contract in 82 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 23 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (60 days then) and the median sale price rose 5% to $734,682. Overall, Florence is less competitive than a year ago, which gives buyers more room.

Within Ravalli County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby markets

Conner 59827Seller’s market $180 /sq ftCorvallis 59828Buyer’s market $335 /sq ftDarby 59829Buyer’s market $315 /sq ftHamilton 59840Buyer’s market $343 /sq ft Browse all markets →

Where Florence is

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Questions about Florence real estate

Is Florence a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Florence, MT 59833 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Florence?

The typical home went under contract in 82 days in the latest three months.

Do homes in Florence sell over asking?

0% of homes sold above their original list price.

What are property taxes in Florence?

About 0.50% of a home’s value a year in Ravalli County, or roughly $2,000 on a $400,000 home.

What is the median home price in Florence?

The median sale price was $734,682 in the three months ending August 31, 2026, about $333 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology