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Foreclosure Homes in Florence, KY

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5 Saddlebrook-ln-unit-595-Florence-KY-41042
Preforeclosure

Saddlebrook Ln Unit 595
Florence, KY 41042

Elyse-way-Florence-KY-41042
Preforeclosure
$227,035 EMV

Elyse Way
Florence, KY 41042

3 Bed | 2.5 Bath | 2,052 Sq. Ft.

Towering-ridge-ln-Florence-KY-41042
Preforeclosure
$399,554 EMV

Towering Ridge Ln
Florence, KY 41042

Rio-grande-cir-#-10-Florence-KY-41042
Bankruptcy

Rio Grande Cir # 10
Florence, KY 41042

Melinda-ln-Florence-KY-41042
Bankruptcy
$130,730 EMV

Melinda Ln
Florence, KY 41042

Mosswood-ct-Florence-KY-41042
Bankruptcy
$213,504 EMV

Mosswood Ct
Florence, KY 41042

Arrow-wood-dr-Florence-KY-41042
Bankruptcy
$156,825 EMV

Arrow Wood Dr
Florence, KY 41042

Hope-trl-Florence-KY-41042
Bankruptcy

Hope Trl
Florence, KY 41042

Lakeview-dr-Florence-KY-41042
Bankruptcy
$123,760 EMV

Lakeview Dr
Florence, KY 41042

E-covered-bridge-dr-Florence-KY-41042
Bankruptcy
$120,615 EMV

E Covered Bridge Dr
Florence, KY 41042

3 Bed | 1.5 Bath | 912 Sq. Ft.

Displaying 1 - 10 of 19

Foreclosure Homes in Florence, KY

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Florence, KY area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Florence, KY and much more. Save thousands at closing with home foreclosure listings in Florence, KY — up to 75% off market value!


Top Reasons To Live In Florence, KY In 2021

Florence is located in Boone, Kentucky, with an estimated municipal population of 33,004 residents. All of the best foreclosed homes for sale in Florence are located in the following zip code areas on Foreclosure.com: 41042 41022. The estimated population per square kilometer (.62 miles) in Florence is 1,194.


Cost Of Living In Florence, KY

So, about how much do homes cost in Florence? The most recent median value of resident-owned homes in Florence is 153,430. An estimated 55.3 percent of households in Florence own their homes, with an average family size of 3.04. The median household income in Florence is 57,348, with25.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Florence, the median commute time of resident workers (in minutes) is 22.3. And last, but certainly not least, are you looking for homes to rent in Florence? If so, the average rent price paid by renters in Florence is 962, according to recent statistics.


Diversity And Demographics In Florence, Kentucky

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Florence, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Florence is 38.1, split between 49.8 percent male versus 50.2 female. The percentage of residents who report being married in Florence is 47.3, with an average family size of 3.04.

The percentage of residents who report their race in Florence is as follows:

White 87.8%
Black / African American 5.7%
Asian 2.6%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2%
Other 1.8%

Looking for family-friendly neighborhoods in and/or near Florence? Or maybe you are searching for 55+ active adult communities in and/or near Florence?

The percentage of residents who report their age in Florence is as follows:

Under 10 12.2%
Aged 10-19 13.4%
20s 14.2%
30s 12.1%
40s 14%
50s 12.4%
60s 10.4%
70s 6.4%
80+ 5%

Best Schools In Florence, Kentucky

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Florence with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Florence.


Pros And Cons Of Living In Florence, Kentucky

How do you know that living in -- or moving to -- Florence is right where you need to be? Perhaps you grew up in Florence or already live nearby; therefore, the decision to buy a home in Florence is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Florence for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Florence:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Florence.


Reasons To Move To Florence, Kentucky, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Florence can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Florence, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Florence, KY

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