The housing market in 54121 Florence, WI is exceptionally strong. According to the U.S. census, the median value of housing in this area currently stands at $149,100 - significantly lower than the national median value of $338,100. Despite this difference, the area has seen a much higher rate of house appreciation than the national average over the past year: 15.50% compared to 8.27%. This growth can be attributed to factors such as an influx of new residents and businesses, as well as increased investment that have bolstered demand for housing in this area. It is clear that 54121 Florence, WI is a desirable option for those looking for an affordable yet appreciating property market.
The median home cost in Florence (zip 54121) is $149,100. Home appreciation the last 10 years has been 76.5%. Home Appreciation in Florence (zip 54121) is up 18.8%.
Average Age of Homes
- The median age of Florence (zip 54121) real estate is 38 years old
The Rental Market in Florence (zip 54121)
- Renters make up 7.2% of the Florence (zip 54121) population
- 0.2% of houses and apartments in Florence (zip 54121), 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.