Florence, KY

Population: 30,765
Average annual home appreciation rate: 2.06%
Total of homes for sale in this market: 164
Median home price: $126,786
Median Rent: $682 per room
Home price range: 61.43% of homes are between $91,001 – $183,000
Median sales price: NO DATA
Number of homes: 57
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 43.41% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 11.00%
Number of renters: 46.11%
Number of owner occupied: 53.89%
Number people living below poverty level: 12.65%
Unemployment rate: 5.30%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Florence area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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