Florence, SC Land for Sale & Real Estate | realtor.com® (2024)

FAQs

Where is the best place to live in Florence SC? ›

The average price of South Carolina land listings and rural property for sale is $501,049.

South Carolina also boasts a favorable property tax rate, with an average property tax rate of 0.58% in 2023. This low tax rate means better returns for real estate investment, making the state an attractive option.

The South Carolina housing market isn't that competitive. The median home sales price in May 2024 has increased in the past 3 months to $388,100. That's up 3.7% and $13,900 higher than May 2023 of last year. That is higher than the national median home sales price of $439,716.

San Niccolò

Located on the south bank of the Arno River, the San Niccolò neighborhood is in the upscale part of the city. The area is famous for its delightful wine bars dotted across the narrow streets. The riverside location makes San Niccolò a particularly aesthetically pleasing place to live.

Safest Areas of Florence

Florence is, in general, a city where visitors can feel secure. In particular, areas which are more residential – like Santa Croce and Sant'Ambrogio, or San Frediano, Santo Spirito, San Niccolò, and Piazzale Michelangelo across the Arno – are very safe.

Larger Down Payments – Land loans typically require a larger down payment than traditional mortgages, often as much as 20% to 30% of the asking price. If you are purchasing raw land, the preferred down payment can be as much as 30% to 50% of the total cost.

The typical closing costs in South Carolina ranges from around 2% percent to 5% percent, based on the loan amount.

Land clearing cost per acre ranges from $1,500 to $3,000 on lightly wooded lots and $3,800 to $6,700 for a heavily wooded area. The price to clear land depends on the size of the lot, the purpose of the land preparation, and the density of trees, brush, rocks, and stumps that need to cleared.

The Homestead Exemption is a complete ​exemption of taxes on the first $50,000 in Fair Market Value of your Legal Residence for homeowners over age 65, totally and permanently disabled, or legally blind. Contact your county auditor's office for more information.

Is it cheaper to live in NC or SC? ›

While the cost of living is on average 4.9% lower in South Carolina than North Carolina, according to data from MyLifeElsewhere, look how much cost of living varies from city to city: Charlotte, NC: 1% lower than national average. Raleigh, NC: 4% lower than national average. Wilmington, NC: 4% lower than national ...

According to the Tax Foundation, the 10 states with the lowest property taxes as of 2021 are Hawaii (0.32%), Alabama (0.40%), Colorado (0.55%), Wyoming (0.56%), Louisiana (0.56%), South Carolina (0.57%), West Virginia (0.57%), Utah (0.57%), Nevada (0.59%), and Delaware (0.61%).

$301,130. The average South Carolina home value is $301,130, up 3.8% over the past year and goes to pending in around 18 days.

As of November 2023, South Carolina's median home price is down by 7.1% at $360,800 from the national average price of $387,600. This decrease is primarily due to increased sales opportunities and more available listings.

As a result, Florence can be a great place to live if you're looking for an international lifestyle. The city is full of culture and history, and there are plenty of things to do. Plus, it's a great place to learn Italian.

South Carolina's major cities: Mount Pleasant, Charleston, and Greenville remain the best places to live in the state. Across its cities and towns, Niche.com picked out the best places to live in South Carolina, in which 9 out of the top 25 were from the Upstate, SC area.

Why Visit Florence, SC? Conveniently located at the intersections of I-95 and I-20, Florence is the perfect place to explore. With a wide variety of dining options, including top-notch local cuisine and national franchises, your taste buds will be delighted.