Florence, TX has seen a booming housing market in the past year. The median residential value is $479,300, significantly higher than the US house median value of $338,100. This marked increase of 16.21% in house appreciation is more than double the national average of 8.27%. With such high demand for housing in Florence, TX, this could be a great opportunity to invest in real estate for those interested.
The median home cost in Florence is $479,300. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Florence is up 24.0%.
Average Age of Homes
- The median age of Florence real estate is 39 years old
The Rental Market in Florence
- Renters make up 35.6% of the Florence population
- 0.0% of houses and apartments in Florence, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.