Is Florence, AZ 85132 a buyer’s or seller’s market?
Florence is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 26% of U.S. ZIP codes, and #97 of 231 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Florence housing market right now
In the three months ending August 31, 2026, 15% of homes in Florence, AZ 85132 sold above their list price, the typical home went under contract in 93 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 222 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (15% then), homes sold more slowly (69 days then) and the median sale price held steady to $331,851. Overall, Florence is less competitive than a year ago, which gives buyers more room.
Within Pinal County, homes here sell more slowly than in 73% of the county’s ZIP codes, and sell more often over asking than in 64%. On our competition score, Florence ranks #97 of 231 AZ ZIP codes with enough sales (score 29 out of 100).
Nearby, buyers who want less competition could look at Eloy 85131 (2% sold over asking) or Oracle 85623 (3% sold over asking), while Stanfield 85172 (50% sold over asking) and Maricopa 85139 (26% sold over asking) are even more competitive.
Run the numbers for 85132
Nearby markets
Apache Junction 85119Seller’s market $272 /sq ftApache Junction 85120Seller’s market $254 /sq ftArizona City 85123Seller’s market $178 /sq ftCasa Grande 85122Balanced $183 /sq ft Browse all markets →Towns like Florence nearby
Find towns like Florence in other states →Where Florence is
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Questions about Florence real estate
Is Florence a buyer’s or seller’s market?
A balanced market: there were 4.2 months of supply in Florence, AZ 85132 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 93 days in the latest three months.
Do homes in Florence sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.
What are property taxes in Florence?
About 0.47% of a home’s value a year in Pinal County, or roughly $1,880 on a $400,000 home.
What is the median home price in Florence?
The median sale price was $331,851 in the three months ending August 31, 2026, about $183 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