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Rent To Own Homes in Florence, KY

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Florence, KY Foreclosures

How much do homes sell for in Florence, KY?
The average home price is currently $357,161.
In Florence, KY, how many homes are available?
There are currently 153 active home listings available in Florence.
What’s the average rental cost in Florence, KY?
The average rental price in Florence is $1,366.
What is the most expensive home in Florence?
The most expensive home sold in Florence had a price of $43,926,136.
What is currently the cheapest priced home in Florence, KY?
The cheapest home for sale in Florence is priced at $16,782.

Living in Florence, KY

Florence, KY, is a vibrant suburb located near Cincinnati, offering a mix of modern amenities and a friendly community atmosphere. Families will appreciate the quality schools and abundant recreational opportunities, while professionals enjoy easy access to nearby urban attractions. Its growing real estate market makes it a desirable location for homebuyers.

Current Market Conditions in Florence, KY

The real estate market in Florence has shown a steady increase over the past few years, driven by demand for suburban housing. With its family-friendly environment and competitive pricing compared to nearby cities, the area is attracting many new residents.

As of late 2023, home prices in Florence have continued to rise, influenced by low inventory and high demand. Potential buyers are finding it increasingly challenging to secure homes, resulting in bidding wars for well-priced listings.

Home Value Estimator For Florence, KY

There are currently 16,121 real estate properties in Florence, KY, with a median automated valuation model (AVM) price of $261,780.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Florence, KY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Florence, KY, is $357,161.00, with the most expensive house in Florence, KY, topping out at $43,926,136.00 and the cheapest home in Florence, KY, clocking in at $16,782.00. In other words, there’s something for every potential homebuyer or savvy investor in Florence, KY!

Rent Prices In Florence, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Florence, KY, is on a rollercoaster ride. The average rent price in Florence, KY, is $1,366.00. Indeed, when looking to rent in Florence, KY, you can expect to pay as little as $520.00 or as much as $2,880.00, with the average rent median estimated to be $1,310.00. The good news is that finding an affordable and desirable property to rent in Florence, KY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Florence, KY Rent To Own Homes

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