Zip 29501 (Florence, SC) Housing

The housing market in 29501 Florence, SC is significantly above the national median value for housing, with the median home value at $216,700 compared to the national median of $338,100. This reflects a strong appreciation rate for the area as well, as homes in 29501 Florence have seen an increase of 15.54% over the past year compared to only 8.27% nationally. This is a great sign that the market is healthy and values are increasing steadily in this area.

The median home cost in Florence (zip 29501) is $216,700. Home appreciation the last 10 years has been 81.7%. Home Appreciation in Florence (zip 29501) is up 21.9%.

Average Age of Homes

- The median age of Florence (zip 29501) real estate is 36 years old

The Rental Market in Florence (zip 29501)

- Renters make up 33.4% of the Florence (zip 29501) population
- 2.0% of houses and apartments in Florence (zip 29501), 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, South Carolina	United States
	20,677.0	139,647,020.0
	41	42
	$216,700	$338,100
	21.9%	16.6%
	59.2%	57.0%
	81.7%	101.1%
	$4.38	$10.98
	$773	$2,690
	55.6%	57.4%
	10.0%	11.2%
	34.4%	31.4%
Vacant Housing
	2.0%	1.9%
	0.2%	0.4%
	1.2%	0.7%
	0.1%	0.4%
	0.8%	3.6%
	5.8%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	1.8%	2.4%
	2.3%	2.8%
	5.8%	3.9%
	5.8%	4.5%
	19.3%	11.3%
	19.3%	13.0%
	21.9%	20.1%
	13.0%	13.6%
	3.8%	8.3%
	2.8%	9.7%
	0.7%	3.9%
	0.4%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	11.6%	13.6%
	11.6%	13.6%
	16.6%	13.6%
	15.2%	13.2%
	19.7%	14.8%
	16.6%	13.6%
	8.6%	10.0%
	4.9%	4.7%
	3.9%	12.2%

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