Housing in Florence, AL (35634) is a great option for people looking to invest in real estate. The median value of homes in this area is $265,400, which is much lower than the US median house value of $338,100. Additionally, over the past year the appreciation rate of homes in Florence has increased by 15.32%, significantly higher than the 8.27% national average. This makes Florence an attractive market for potential homebuyers and investors alike and provides a great opportunity to capitalize on the rising property values.
The median home cost in Florence (zip 35634) is $265,400. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Florence (zip 35634) is up 19.8%.
Average Age of Homes
- The median age of Florence (zip 35634) real estate is 36 years old
The Rental Market in Florence (zip 35634)
- Renters make up 11.0% of the Florence (zip 35634) population
- 0.0% of houses and apartments in Florence (zip 35634), 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.