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Foreclosure Homes in Florence, SD 57235

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Florence, SD Foreclosures

Current Market Conditions in in Florence, SD As of February 2026?
Over the past month, Florence has experienced a steady market performance, with homes selling at a reasonable pace. Interest rates have stabilized, encouraging more buyers to enter the market. Although the inventory remains low, local real estate agents report an increase in showings, suggesting that demand is strong. The homes that are well-priced and provide unique features tend to attract immediate attention, leading to quick sales.
How much do homes sell for in Florence, SD?
The average home price is currently $479,983.
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 $1,436,642.
What is currently the cheapest priced home in Florence, SD?
The cheapest home for sale in Florence is priced at $107,787.

Living in Florence, SD

Florence, SD is a peaceful, small town perfect for individuals and families seeking a close-knit community. Known for its beautiful landscapes and outdoor activities, the area is ideal for those who enjoy a slower, rural pace of life. With a focus on education and local amenities, Florence is a charming place to settle down.

Buyer vs Seller Market in Florence, SD

The real estate market in Florence has shown resilience with stable prices and consistent demand for homes, particularly among families and retirees looking for a quiet lifestyle away from larger urban centers. The influx of buyers seeking affordable housing options reflects the town’s appeal and strong community ties.

In recent months, there has been a slight uptick in home renovations and developments aimed at attracting new residents, indicating a sense of optimism in the market. Buyers are particularly interested in properties with larger lots and access to nature.

Home Value Estimator For Florence, SD

There are currently 266 real estate properties in Florence, SD, with a median automated valuation model (AVM) price of $468,451.00. 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 $479,983.00, with the most expensive house in Florence, SD, topping out at $1,436,642.00 and the cheapest home in Florence, SD, clocking in at $107,787.00. 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 $107,787 to $1,436,642

Average Sales Price: $479,983

Rental Values:

Rental from $760 to $1,900

Average Rent Value: $1,254 / month

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