Florence, SC

Population: 37,681
Average annual home appreciation rate: 0.18%
Total of homes for sale in this market:
Median home price: $136,023
Median Rent: $491 per room
Home price range: 43.55% of homes are between $93,001 – $186,000
Median sales price:
Number of homes:
Median foreclosure sales price:
Foreclosure discount:
Most common home type: 70.62% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 11.60%
Number of renters: 41.07%
Number of owner occupied: 58.93%
Number people living below poverty level: 20.47%
Unemployment rate: 6.80%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation starting to climb 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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