Housing in Florence, SD
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — June 2025Median Sale Price
$171,000
Median List Price
N/A
Price Per Sq Ft
$109
Days on Market
48
Active Inventory
1
Months of Supply
1.0
Seller's market
Zillow Home Value
$493,012
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
100.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
103.6%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$109
Florence vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Florence is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$137,500
Median Rent
$388
Total Housing Units
139
Vacancy Rate
15.8%
Owner Occupied
90.6%
Renter Occupied
9.4%
Median Property Tax
$1,480
per year
Monthly Cost (w/ Mortgage)
$1,184
Housing Types
The current median sale price in Florence, SD is $171,000 according to Redfin data. Homes spend a median of 48 days on the market. 100.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $109. The median rent is $388 per month (Census ACS). About 90.6% of housing units are owner-occupied. The median year homes were built is 1978. There are 139 total housing units.