Home prices
The median home in Florence is valued at $142,400. It is approximately $7,020 (5%) higher compared to other places in this area.In comparison to the United States as a whole it is about $75,100 (34%) lower, and is about $40,500 (22%) lower compared to the city of Huntsville.
Rents
The median rent in Florence is $643 a month. In comparison to the surrounding areas this is approximately $156 (19%) lower.It is about $419 (39%) lower compared to the United States as a whole, and is approximately $184 (22%) lower compared to the city of Huntsville.
Nearby places
St. Florian
St. Florian is Florence's neighbor to the northeast. The housing prices there are somewhat more expensive. The median home cost in St. Florian is $172,600, which comes out to $30,200 (17%) higher than Florence. The rent there is a little more expensive. St. Florian's median monthly rent is $925, which comes out to $282 (30%) higher than Florence.
Underwood-Petersville
Underwood-Petersville is Florence's neighbor to the northwest. The housing prices there are a bit less expensive. Underwood-Petersville's median home cost is $129,100, which comes out to $13,300 (10%) lower than Florence. The rent there is a bit more expensive. In Underwood-Petersville the median monthly rent is $812, which comes out to $169 (20%) higher than Florence.
Sheffield
Sheffield is approximately 5 miles south of Florence. The real estate prices there are significantly less expensive. The median home in Sheffield is valued at $90,000, which comes out to $52,400 (58%) lower than Florence. Rents there are similar. Sheffield's median rent is $645 per month, which is very similar to Florence.
Muscle Shoals
Muscle Shoals is approximately 6 miles south from Florence. Its real estate prices are similar. The median home in Muscle Shoals is valued at $147,100, which comes out to $4,700 (3%) higher than Florence. Its rents are a little more expensive. Muscle Shoals's median rent is $831 per month, which comes out to $188 (22%) higher than Florence.
Killen
Killen is roughly 7 miles east of Florence. The housing prices there are similar. The median home in Killen costs $138,100, which is $4,300 (3%) lower than Florence. Rents there are somewhat more expensive. In Killen the median monthly rent is $781, which is $138 (17%) higher than Florence.