Living in Florence, NJ
Florence, NJ is a picturesque township known for its family-friendly environment and rich community spirit. With fantastic local parks, solid educational institutions, and easy access to major urban centers, it's an ideal place for families and professionals alike. Residents appreciate the combination of suburban comfort and lively community events, making Florence a great place to live.
Current Market Conditions in Florence, NJ
The real estate market in Florence, NJ is currently trending upward, with an increase in home sales and property values over the last year. The demand for homes in this township reflects its desirable location, accessibility, and quality of life, which continues to attract prospective buyers.
As of recent statistics, the average time on the market for homes in Florence has decreased, indicating a competitive environment. Buyers are actively looking for properties, and with a variety of homes available, including single-family houses and townhomes, there is something for everyone.
Home Value Estimator For Florence, NJ
There are currently 2,048 real estate properties
in Florence, NJ,
with a median automated valuation model (AVM) price
of $332,284.00. 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, NJ, 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, NJ,
is $355,721.00, with the most expensive house
in Florence, NJ, topping out
at $1,999,900.00 and the cheapest home
in Florence, NJ,
clocking in at $36,461.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Florence, NJ!
Rent Prices
In Florence, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Florence, NJ, is on
a rollercoaster ride. The
average rent price in Florence, NJ,
is $1,606.00. Indeed, when looking to rent in
Florence, NJ, you can expect to pay as little
as $900.00 or as much
as $3,400.00,
with the average rent median estimated to
be $1,510.00. The good news is that finding
an affordable and desirable property to rent in Florence, NJ
-- 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.
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