Zip 29505 (Florence, SC) Housing

Florence, SC is a great place to consider moving to if you're looking for a new home. The median housing value in Florence is $200,200, which is much lower than the US house median value of $338,100. The US 1 year house appreciation rate is 8.27%, while the one year appreciation rate for Florence is 15.54%. This means that housing values in Florence are on the rise and now may be the perfect time to make an investment in a new home in this wonderful city.

The median home cost in Florence (zip 29505) is $200,200. Home appreciation the last 10 years has been 81.7%. Home Appreciation in Florence (zip 29505) is up 21.9%.

Average Age of Homes

- The median age of Florence (zip 29505) real estate is 26 years old

The Rental Market in Florence (zip 29505)

- Renters make up 27.3% of the Florence (zip 29505) population
- 2.6% of houses and apartments in Florence (zip 29505), 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
	11,032.0	139,647,020.0
	30	42
	$200,200	$338,100
	21.9%	16.6%
	59.2%	57.0%
	81.7%	101.1%
	$4.08	$10.98
	$615	$2,690
	61.0%	57.4%
	11.4%	11.2%
	27.7%	31.4%
Vacant Housing
	2.6%	1.9%
	0.4%	0.4%
	1.4%	0.7%
	0.2%	0.4%
	0.7%	3.6%
	6.0%	4.1%
Value of Owner-Occupied Housing
	4.4%	2.6%
	2.8%	2.4%
	0.5%	2.8%
	7.0%	3.9%
	5.1%	4.5%
	29.6%	11.3%
	23.1%	13.0%
	21.2%	20.1%
	4.5%	13.6%
	0.6%	8.3%
	0.9%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	27.6%	13.6%
	27.6%	13.6%
	18.9%	13.6%
	13.9%	13.2%
	13.6%	14.8%
	18.9%	13.6%
	6.4%	10.0%
	0.9%	4.7%
	0.0%	12.2%

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