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Florence market report · September 2026
Florence, KY Home Sales Report: September 2026
Florence resale prices rose 2.9% from January to September 2026 compared with the same months last year, while sales volume was nearly unchanged.
Florence resale homes sold for a median of $270,000 from January to September 2026, up 2.9% from the same months last year, with resale sales down 0.4%. Florence's September 2026 resale median was $283,000, down 2.1% from September 2025, showing a softer monthly price comparison within a year that remained ahead overall.
Key findings
- Florence recorded 455 resale sales from January to September 2026, with a median price of $270,000 and a median of 6 days on market.
- Florence recorded 44 resale sales in September 2026, down 13.7% from September 2025.
- Florence resale sales increased 10.3% from July to September 2026 compared with the same quarter last year, while the median price declined 5.3%.
- Florence had 1.9 months of supply as of 2026-10-18, indicating a seller's market despite meaningful differences between price ranges.
- Florence resale homes sold after a price reduction from January to September 2026 spent a median of 41 days on market, compared with 4 days for sales without a reduction.
- Florence had 38 active resale listings with price reductions as of 2026-10-18, representing 39.6% of active resale inventory.
The year remains ahead on price
Florence resale homes sold for a median of $270,000 from January to September 2026, up 2.9% from the same months last year. Florence recorded 455 resale sales during January to September 2026, down 0.4% from the comparable period. The central story is modest price growth alongside nearly unchanged resale activity, not a broad surge in transactions.
Florence resale homes spent a median of 6 days on market from January to September 2026, compared with 7 days during the same months of 2025. Florence resale sellers received an average of 97.9% of original list price from January to September 2026, unchanged from the comparable period.
For a homeowner considering a sale, that combination supports a disciplined launch. Completed sales show that appropriately positioned properties can move promptly, but the average original-list-price result also leaves room for negotiation. The year-to-date record is the strongest starting point for understanding the market, with recent comparable properties providing the next layer of pricing evidence.
September softened the monthly comparison
Florence resale homes sold for a median of $283,000 in September 2026, down 2.1% from September 2025. Florence recorded 44 resale sales in September 2026, down 13.7% from the same month last year. That monthly slowdown adds caution to the broader year's modest price growth without reversing the year-to-date result.
Florence resale homes spent a median of 10 days on market in September 2026, compared with 9 days in September 2025. Florence resale sellers received an average of 97.8% of original list price in September 2026, compared with 98.5% a year earlier.
The practical message is to distinguish the full-year direction from the latest selling conditions. A homeowner should not assume that the broader price increase guarantees a stronger result for a particular property. September's completed sales support checking current competition carefully and allowing for negotiation. They also reinforce the value of preparing the property before listing rather than relying on market momentum to overcome an ambitious asking price.
The quarter shows more sales at a lower median
Florence recorded 172 resale sales from July to September 2026, up 10.3% from the same quarter last year. Florence's resale median price was $269,950 from July to September 2026, down 5.3% from the comparable quarter. More transactions and a lower median can occur together, so sales activity should not be treated as proof that every property's value is rising.
Florence resale homes spent a median of 8 days on market from July to September 2026, unchanged from the same quarter last year. Florence resale sellers received an average of 97.6% of original list price from July to September 2026.
Across Florence's 7-quarter series from Q1 '25 through Q3 '26, quarterly median prices moved unevenly rather than following a steady upward path. Florence's resale median reached $285,000 in Q2 '26 before easing in Q3 '26. The quarterly pattern argues for recent, closely matched comparable sales rather than selecting a favorable past quarter as the basis for an asking price.
Resale and new construction follow different timelines
Florence resale homes sold for a median of $270,000 with a median of 6 days on market from January to September 2026. Florence new construction sold for a median of $329,900 with a median of 111 days on market during January to September 2026. These are distinct segments, and their citywide medians should not be treated as direct valuations of otherwise identical homes.
Florence new construction recorded 10 sales at a median price of $337,061 and a median of 109 days on market from July to September 2026. Florence new construction recorded 2 sales in September 2026, making that monthly builder result too limited to carry the broader comparison.
For a resale seller, builder inventory is another set of properties competing for attention. Compare nearby new listings on condition, finishes, asking price and completion status. A resale home does not need to imitate new construction, but its pricing and presentation should make its value clear against the alternatives currently available.
- Resale · 455 sales
- $270,000Median price, 6 days on market
- New construction · 21 sales
- $329,900Median price, 111 days on market
Supply still favors sellers
Florence had 1.9 months of supply as of 2026-10-18, placing the market in seller's-market territory. Florence's active inventory as of 2026-10-18 included 96 resale listings and 11 new-construction listings, with 55 properties pending. These figures describe the latest inventory snapshot, not inventory frozen at the end of the report month.
Florence's supply calculation as of 2026-10-18 used a trailing monthly sales pace of 56.7 across 6 months. Months of supply relates available inventory to recent sales activity. It is useful for assessing the overall balance, but it does not predict how quickly an individual listing will sell.
Limited supply supports sellers, while pending activity shows that properties continue to move toward closing. Neither measure removes the need to compete. A home can remain available in a seller's market if its asking price, condition or presentation does not compare well with nearby alternatives. The relevant question is not simply whether inventory is low, but whether the property offers a convincing choice within its own price range.
Price ranges reveal different selling conditions
Florence resale homes priced from $300K to $399K sold in a median of 5 days from January to September 2026, across 121 sales. Florence resale homes under $300K accounted for 269 sales during January to September 2026, with a median of 8 days on market. These ranges provide a broader base of completed transactions than the upper price tiers.
Florence's $500K to $649K resale range recorded 17 sales with a median of 4 days on market from January to September 2026. Florence's $650K to $799K range also had a median of 4 days during January to September 2026, but only 2 sales, making that result a small sample.
Florence's $650K to $799K range had 4 months of supply as of 2026-10-18, indicating a more balanced segment. Florence's $300K to $399K range had 2.1 months of supply on that date. Sellers should use the price-band table to locate relevant competition, then narrow the comparison by property characteristics rather than applying the citywide pace to every listing.
Price reductions show the cost of missing the mark
Florence had 38 active resale listings with price reductions as of 2026-10-18, or 39.6% of active resale inventory. Florence's active reduced resale listings had a median reduction of 4.5% as of 2026-10-18. Cuts are therefore a meaningful part of the current market, even with limited overall supply.
Florence recorded 119 resale sales after a price reduction from January to September 2026, representing 26.2% of resale sales. Florence resale homes sold after a reduction during January to September 2026 spent a median of 41 days on market and received an average of 93.2% of original list price.
Florence resale homes sold without a reduction from January to September 2026 spent a median of 4 days on market and received an average of 99.5% of original list price. These groups can differ in condition, location and initial pricing, so the figures do not prove that a reduction caused the outcome. They do show why testing an unsupported asking price deserves caution. Establish a competitive launch price and agree in advance on how showing feedback and competing listings will inform any adjustment.
40% of Florence's active resale listings have cut their price. Homes that sold without a cut went in a median of 4 days.
38 of 96 active resale listings have a price cut, a median of 4.5%
Subdivision results help narrow the comparison
Among the subdivisions shown in Florence's January to September 2026 table, Oakbrook led with 16 sales, all resale, at a median price of $329,500 and a median of 7 days on market. Florence's Avalon recorded 7 new-construction sales during January to September 2026, with a median price of $329,900 and a median of 280 days on market. The construction mix makes those subdivision results materially different.
Florence's Tara At Plantation Pointe recorded 6 resale sales from January to September 2026, at a median price of $203,375 and a median of 14 days on market. Florence's Pleasant Valley Meadows recorded 5 resale sales during January to September 2026, with a median price of $470,000 and a median of 1 day on market.
Use the subdivision table as a guide to where comparable evidence may be available, not as an automatic valuation. Several neighborhood totals are small samples. Property type, condition and the mix of completed sales can meaningfully affect a subdivision median, so a seller still needs a property-specific comparison.
A practical selling plan starts before launch
Florence's January to September 2026 resale median of 6 days on market supports having photography, presentation and showing arrangements ready before a listing becomes available. A quick market does not leave much room to correct an incomplete launch. Address visible maintenance concerns and make the property's condition easy to understand from the listing materials.
Florence's 39.6% share of active resale listings with price reductions as of 2026-10-18 is a reminder that scarce inventory does not protect every asking price. Start with recent comparable sales, then review active competition in the same property category and price range. Decide beforehand how feedback will be evaluated rather than waiting until a listing feels stale.
Timing should follow readiness and the property's competitive position, not a promise that the market will improve later. The Caldwell Group recommends separating the evidence into completed sales, current alternatives and the condition of the home itself. That approach creates a clearer pricing discussion and a more useful plan for responding once the listing is live.
What it means if you're selling in Florence
- Price from recent comparable resale sales, then check competing active listings and nearby builder inventory before setting the launch price.
- Complete visible maintenance and listing photography before going live so the property is ready for prompt showing activity.
- Agree on a feedback and pricing review plan before listing rather than treating a future reduction as the default strategy.
- Use the price-band and subdivision tables to narrow the comparison, with extra caution where completed sales are sparse.
Florence market questions
Are Florence home prices up or down?
Florence resale homes sold for a median of $270,000 from January to September 2026, up 2.9% from the same months last year. Florence's September 2026 resale median was $283,000, down 2.1% from September 2025, so the monthly comparison was softer than the year-to-date trend.
How long does it take to sell a home in Florence?
Florence resale homes spent a median of 6 days on market from January to September 2026. Florence's September 2026 resale median was 10 days on market, and actual results depend on price, condition and competing inventory.
Is Florence a seller's market?
Florence had 1.9 months of supply as of 2026-10-18, indicating a seller's market. Florence had 96 active resale listings, 11 active new-construction listings and 55 pending properties on that date.
Should I list high and reduce the price later in Florence?
Florence resale homes sold after a reduction from January to September 2026 spent a median of 41 days on market and received an average of 93.2% of original list price. Florence resale homes sold without a reduction during January to September 2026 spent a median of 4 days on market and received an average of 99.5% of original list price. The comparison supports a well-supported launch price, though it does not prove that reductions caused the different outcomes.
How does new construction compare with resale homes in Florence?
Florence new construction sold for a median of $329,900 with a median of 111 days on market from January to September 2026. Florence resale homes sold for a median of $270,000 with a median of 6 days on market during the same period. Resale sellers should compare nearby builder listings as competing options without treating the segment medians as like-for-like property values.
How these numbers were made
Source: Northern Kentucky MLS (NKMLS), residential and multifamily listings where City is Florence, pulled 2026-10-18. Resale and new construction are split on the MLS new construction flag. Prices are medians of closed sale prices. Days on market is the MLS days on market at sale, as a median. Sale to original list is the average of each sale price divided by its original list price. Months of supply is every active listing divided by the average monthly closings over the past 6 months, the same measure used across the site. Price bands and price reductions cover resale homes only. Subdivisions with fewer than 3 sales this year are left out. Prepared by The Caldwell Group | eXp Realty. Information is deemed reliable but not guaranteed.
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