Florence, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 96 transactions over the past year in Florence. The median value for residential home transactions that occurred over the previous year is $373,384.79. The number of current listings in Florence is 121, and the percentage of properties for sale in the city is 81.21%. Florence, NJ currently has 28 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 121 properties for sale.
Florence, NJ Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 08518 | $ 349,300 $ 226/sqft |
Housing Market Summary for Florence, NJ
| Mar 2025 | March 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $237.4K | $352.9K | 48.62% |
| Median Sold Price | $301.5K | $352.9K | 17.05% |
| Homes For Sale | 8 | 116 | 1350.00% |
| Homes Sold | 59 | 24 | -59.32% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Florence, NJ
Browse Homes in Florence, NJ
Florence home values range from $144,500 to $1,018,000. The median estimated value of a home in Florence is $373,384.79. The median list price of a home is 311,000, and the total count of properties in the city is 2,033.
- Pre-ForeclosurePre-foreclosure homes account for 1.23% of all residential properties in Florence, NJ with 08518 containing 25 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Florence, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $638,100 in 08518 to the lowest home value of $217,600 in 08518.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Florence, NJ ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Florence, NJ. There is 1 zips within Florence, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions08518 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Florence, NJ. Auction homes and other auction properties account for 0.15% of all properties in Florence, NJ. There is 1 zips within Florence, NJ; of that zips, the median estimated home value for homes going to auction ranges from $688,300 in 08518 to the lowest value of $443,400 in 08518.