Florence, NJ has seen an impressive growth in the housing market over the past year. The median value of a house is currently $407,100, which is far higher than the US house median value of $338,100. This 16.57% appreciation rate is significantly higher than the US 1 year appreciation rate of 8.27%, demonstrating why Florence is such a desirable place to live and invest in real estate. With its strong economy and attractive views, it's no wonder that people are looking to Florence as the next great location for their home or investment property.
The median home cost in Florence township is $407,100. Home appreciation the last 10 years has been 62.9%. Home Appreciation in Florence township is up 18.4%.
Average Age of Homes
- The median age of Florence township real estate is 45 years old
The Rental Market in Florence township
- Renters make up 13.2% of the Florence township population
- 0.8% of houses and apartments in Florence township, 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.