The housing in Florence, MN has a median value of $157,300, which is significantly lower than the US median value of $338,100. However, Florence has experienced higher house appreciation over the past year with a rate of 9.54%, compared to the national rate of 8.27%. This suggests that the housing market in Florence is experiencing strong demand and may be worth considering for potential buyers.
The median home cost in Florence is $157,300. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Florence is up 14.7%.
Average Age of Homes
- The median age of Florence real estate is 78 years old
The Rental Market in Florence
- Renters make up 0.0% 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.