Is Florence, OR 97439 a buyer’s or seller’s market?

The Florence housing market right now

In the three months ending August 31, 2026, 11% of homes in Florence, OR 97439 sold above their list price, the typical home went under contract in 50 days and there were 5.3 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 78 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 15%, homes sold more slowly (38 days then) and the median sale price fell 9% to $454,553. Overall, Florence is less competitive than a year ago, which gives buyers more room.

Within Lane County, homes here sell more slowly than in 65% of the county’s ZIP codes, and sell less often over asking than in 61%. On our competition score, Florence ranks #145 of 170 OR ZIP codes with enough sales (score 28 out of 100).

Nearby, buyers who want less competition could look at Westlake 97493 (0% sold over asking) or Westfir 97492 (0% sold over asking), while Blachly 97412 (100% sold over asking) and Elmira 97437 (50% sold over asking) are even more competitive.