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Foreclosure Homes in Florence, SD 57235

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Florence, SD Foreclosures

How much do homes sell for in Florence, SD?
The average home price is currently $459,756.
What’s the average rental cost in Florence, SD?
The average rental price in Florence is $1,254.
What is the most expensive home in Florence?
The most expensive home sold in Florence had a price of $1,443,817.
What is currently the cheapest priced home in Florence, SD?
The cheapest home for sale in Florence is priced at $108,000.

Living in Florence, SD

Florence, South Dakota, is a quaint and welcoming town that offers a peaceful way of life amidst beautiful natural surroundings. Known for its tight-knit community, Florence provides residents with access to outdoor recreation and essential services in nearby larger towns. Whether you're looking for a family-friendly environment or a serene escape, Florence is an excellent choice.

Current Market Conditions in Florence, SD

The real estate market in Florence is currently stable, with a gradual increase in home values driven by demand for affordable housing options. The town's attractive lifestyle and easy access to larger communities appeal to first-time homebuyers and retirees alike.

Recent trends indicate an uptick in new constructions in the area, as developers recognize the potential of Florence as a growing community. The demand for homes has resulted in a competitive market, but buyers are still able to find reasonably priced options.

Home Value Estimator For Florence, SD

There are currently 257 real estate properties in Florence, SD, with a median automated valuation model (AVM) price of $426,016.00. 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, SD, 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, SD, is $459,756.00, with the most expensive house in Florence, SD, topping out at $1,443,817.00 and the cheapest home in Florence, SD, clocking in at $108,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Florence, SD!

Rent Prices In Florence, SD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Florence, SD, is on a rollercoaster ride. The average rent price in Florence, SD, is $1,254.00. Indeed, when looking to rent in Florence, SD, you can expect to pay as little as $760.00 or as much as $1,900.00, with the average rent median estimated to be $1,230.00. The good news is that finding an affordable and desirable property to rent in Florence, SD -- 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, SD 57235 Foreclosures

Market Trend for Florence, SD

Total Listings Available: 0

Market Values:

Home Prices from $108,000 to $1,443,817

Average Sales Price: $459,756

Rental Values:

Rental from $760 to $1,900

Average Rent Value: $1,254 / month

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