Florence, SC home prices
Typical home $193,284 · +5.5% in a year · income needed $51,700
The Florence, SC metro area ranks 664 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +5.5% in a year and +24.3% over five years. With 20% down at 7.11%, the typical home costs about $1,205 a month including 0.42% property tax (Florence County rate).
Mortgage on the typical Florence home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $38,657 | $154,627 | $1,040 | $0 | $165 | $1,205 | $51,700 |
| 10% down | $19,328 | $173,955 | $1,170 | $72 | $165 | $1,408 | $60,300 |
| 5% down | $9,664 | $183,620 | $1,235 | $77 | $165 | $1,477 | $63,300 |
| 3.5% down (FHA) | $6,765 | $189,783 | $1,277 | $85 | $165 | $1,527 | $65,500 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.42% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Florence area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Florence County, SC | $204,585 | +4.0% | 0.42% |
| Darlington County, SC | $170,906 | +10.4% | 0.41% |
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Frequently asked questions
How much is a house in Florence?
The typical home in the Florence, SC metro area is worth $193,284 (Zillow, September 2026).
What salary do you need to buy a house in Florence?
About $51,700 a year for the typical home with 20% down at 7.11%.