Zip 47020 (Florence, IN) Housing

The housing market in 47020 Florence, IN is quite similar to the US average, with a median value of $193,500, compared to the US house median value of $338,100. Additionally, the US housing appreciation rate over the last year was 8.27%, and in Florence it was also 8.27%. This indicates that the market in Florence is stable and is keeping up with national trends.

The median home cost in Florence (zip 47020) is $193,500. Home appreciation the last 10 years has been 66.4%. Home Appreciation in Florence (zip 47020) is up 14.6%.

Average Age of Homes

- The median age of Florence (zip 47020) real estate is 22 years old

The Rental Market in Florence (zip 47020)

- Renters make up 29.8% of the Florence (zip 47020) population
- 0.0% of houses and apartments in Florence (zip 47020), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Florence, Indiana	United States
	468.0	139,647,020.0
	29	42
	$193,500	$338,100
	14.6%	16.6%
	48.5%	57.0%
	66.4%	101.1%
	$5.15	$10.98
	$334	$2,690
	62.4%	57.4%
	14.5%	11.2%
	23.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	4.1%	0.4%
	5.1%	3.6%
	5.3%	4.1%
Value of Owner-Occupied Housing
	7.9%	2.6%
	0.0%	2.4%
	8.2%	2.8%
	7.9%	3.9%
	29.8%	4.5%
	16.4%	11.3%
	8.6%	13.0%
	11.3%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	7.2%	9.7%
	0.0%	3.9%
	2.7%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	27.8%	13.6%
	27.8%	13.6%
	23.7%	13.6%
	6.6%	13.2%
	15.6%	14.8%
	23.7%	13.6%
	5.8%	10.0%
	2.6%	4.7%
	8.8%	12.2%

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