Is Florence a buyer's or seller's market right now?

Florence is currently a seller's market with 2.6 months of supply. 50% of homes sell above asking price, and 20% go pending within two weeks. The Ridley Sell Score for Florence is 53/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Florence?

The median home price in Florence is $110,875, down 52.8% year-over-year. The median price per square foot is $124. Homes sell in a median of 60 days with a sale-to-list ratio of 99.5%.

How much does it cost to sell a home in Florence, New Jersey?

On a $110,875 home in Florence, a traditional listing agent charges around $3,326 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $8,870 or more. With Ridley Essentials ($999) you save $2,327, and with Ridley Pro ($3,499) you save -$173 while getting full agent support.

How does Ridley's flat fee compare to a traditional Florence agent?

A traditional Florence listing agent typically charges 3% of the sale price — about $3,326 on a $110,875 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $2,327–-$173 compared to a traditional agent.

How long does it take to sell a home in Florence?

The median home in Florence currently spends 60 days on the market before going under contract, up 14% from last year. 20% of homes go pending within two weeks. At a 99.5% sale-to-list ratio, sellers are getting very close to or above asking price. Only 33.3% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in New Jersey?

No. New Jersey does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $110,875 home, that could save you up to -$173.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in New Jersey. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $3,326 commission.

National/New Jersey

Florence, NJ

Is Now a Good Time to Sell in Florence, New Jersey?

The median home in Florence sells for $110,875 with prices down 52.8% year-over-year. The average seller pays $3,326 in commissions — Ridley’s flat fee saves you -$173.

Florence Real Estate Market Conditions — April 2026

53out of 100

Ridley Sell Score

How it's scored →

Moderate

53/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Florence market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessFavors sellers

2.6 months of supply — below the 5-month balanced threshold — 24% below the New Jersey average of 3.4.

Price MomentumFavors buyers

Prices down 52.8% year-over-year — vs. +10% statewide.

Seller LeverageFavors sellers

Homes selling at 99.5% of asking — buyers are negotiating 0.5% below list. New Jersey average is 99.8%.

Bidding ActivityFavors sellers

50% of homes selling above list price — 22% above the New Jersey average of 41.1%.

Sale SpeedNeutral

60 median days on market — 14 days faster than the New Jersey average.

Market UrgencyNeutral

20% of listings go pending within 2 weeks — vs. 23.7% statewide.

Price StabilityFavors buyers

33.3% of listings have dropped their price — accurate initial pricing is critical. New Jersey average is 14.2%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$110,875

-52.8%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

+14%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$124

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

99.5%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

2.6

Seller’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Somewhat Competitive

Sold Above List

Percentage of homes that sold for more than their list price.

50%

Strong demand

Price Drops

Percentage of active listings that had a price reduction.

33.3%

Pricing matters

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

20%

Slower pace

12-Month Price Trend

$130,000 → $110,875

▼14.7%

$300K$200K

MayJulSepNovJanMarApr

Data updated April 2026

Get AI-powered market intelligence

Personalized pricing signals, demand shifts, and Sell Score changes for Florence — delivered monthly.

Your savings

How much can you save selling your home in Florence?

The average Florence homeowner saves -$173 by selling with Ridley instead of paying the traditional 3% listing commission on a $110,875 home.

$0Estimated savings

That covers your moving costs — save -0.2% of your home value

Your Florence home value

$110,875

$50,000$10M

Traditional Agent (3%)

$3,326

Ridley Pro (flat fee)

$3,499

Ready to sell in Florence?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

How much does it cost to sell a house in Florence?

The total cost to sell a house in Florence in 2026 ranges from $999 with Ridley Essentials to approximately $3,326 with a traditional 3% commission on a $110,875 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$3,326	$3,499	$999	$0
Buyer agent	$3,1052.8% avg	$2,218~2% avg	$2,218~2% avg	$3,1052.8% avg
Closing costs (~1.5%)	$1,663	$1,663	$1,663	$1,663
Total cost	$8,094	$7,380	$4,880	$4,768
Net proceeds	$102,781	$103,495	$105,995	$106,107
You save	—	$714	$3,214	$3,326No support