Florence, OR

Population: 8,567
Average annual home appreciation rate: 3.59%
Total of homes for sale in this market: 163
Median home price: $187,509
Median Rent: $719 per room
Home price range: 34.82% of homes are between $186,001 – $280,000
Median sales price: $166,500
Number of homes: 19
Median foreclosure sales price: N/A
Foreclosure discount: N/A
Most common home type: 54.18% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 14.77%
Number of renters: 36.95%
Number of owner occupied: 63.05%
Number people living below poverty level: 11.86%
Unemployment rate: 6.60%
Is this area perfect for real estate deals going on right now? Based on the last twelve months, short-term real estate investors have found success in Florence. Florence appreciation rates in the latest quarter were at 0.89%, which equates to an annual appreciation rate of 3.59%.

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