Why Live in East Florence
Singing River Bridge crosses the Tennessee River and leads straight into East Florence. Bordering the Historic Downtown district, the community offers easy access to all the local shops and restaurants on Court Street and the University of North Alabama. “It’s got some of the most affordable homes in the city,” Samantha Lamb says. A UNA graduate and local Realtor with South Main Realty, Lamb adds, “it’s also right by all of the big box stores and chains on Cox Creek Parkway.” Along with these conveniences, East Florence recently became home to a brand-new riverside park and nature trail. East Florence has some of the lowest home prices in the city. The average one-bedroom bungalow or minimal traditional home ranges from $50,000 to $100,000. Many of the houses here haven’t been updated since they were built, between the 1920s and ‘50s. The older fixer uppers can go for as low as $30,000, while the few recently renovated homes can cost closer to $200,000. East Florence is home to city’s newest recreational amenity. Opening in 2024, River Heritage Park features a large modern playscape and a splash pad that operates from May to September. It also offers easy access to the new River
Home Trends in East Florence, AL
On average, homes in East Florence, Florence sell after 56 days on the market compared to the national average of 70 days. The median sale price for homes in East Florence, Florence over the last 12 months is $299,900, down 28% from the median home sale price over the previous 12 months.
Median Sale Price
$299,900
Median Single Family Sale Price
$291,060
Median Townhouse Sale Price
$735,000
Average Price Per Sq Ft
$181
Number of Homes for Sale
1
Last 12 months Home Sales
51
Median List Price
$305,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-28%