Housing in Florence, SD (zip code 57235) is highly valued compared to the US median housing value. According to recent data, the median value of a house in Florence is $241,800, which is significantly lower than the US median value of $338,100. However, this does not mean that the market in Florence is not growing. In fact, over the past year the appreciation rate has been 14.45%, much higher than the 8.27% national average. This shows that there is strong demand for housing in Florence and that market is continuing to thrive as an investment opportunity.
The median home cost in Florence (zip 57235) is $241,800. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Florence (zip 57235) is up 17.2%.
Average Age of Homes
- The median age of Florence (zip 57235) real estate is 49 years old
The Rental Market in Florence (zip 57235)
- Renters make up 11.7% of the Florence (zip 57235) population
- 0.0% of houses and apartments in Florence (zip 57235), 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.