The housing market in Florence, SC County is performing very well compared to the national average. The median value of homes in Florence is $173,900, which is much lower than the US House Median Value of $338,100. In the last year, house appreciation in Florence has been 16.96%, far outpacing the US 1 year House Appreciation at 8.27%. This indicates that Florence has a strong and vibrant housing market, which is good news for those looking to buy or sell in this area.
The median home cost in Florence County is $173,900. Home appreciation the last 10 years has been 80.8%. Home Appreciation in Florence County is up 22.0%.
Average Age of Homes
- The median age of Florence County real estate is 35 years old
The Rental Market in Florence County
- Renters make up 30.1% of the Florence County population
- 2.2% of houses and apartments in Florence County, 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.