Current Price

$266,289

1 Month Forecast

â–² $284,918

1-Year Forecast *

â–² $302,638

5-Year Forecast *

â–² $342,727

"Is it a good time to buy homes in Florence?" "Does investing in real estate in Florence (Kentucky State, Boone County) worth it?" According to our live Forecast System, buying a house in Florence is a good short-term (1-year) investment*. The Florence average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Florence" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Florence in Kentucky State, Boone County. If you are looking for homes for sale with good flipping profit, Florence can be a profitable property investment option. The median price of an average house in Florence was 266,289 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Florence" area is 342,727 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +28.71% meaning that investing 100000 USD today may yield a profit of 28,705 USD by 2031.

Current Median Listing Price: 266,289 USD Median Listing Price Per Square Foot: 148 USD

Florence Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Florence (Kentucky State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Florence Price Target

Florence median home price target in 12 months: $302,638* (upside of 13.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $281,529 $283,322 $281,529 $283,599
2024 $257,512 $266,289 $257,512 $266,289
2023 $252,680 $257,761 $251,454 $257,963
2022 $234,761 $253,227 $234,761 $254,587
2021 $207,804 $231,947 $207,804 $231,947
2020 $186,305 $205,432 $186,305 $205,432
2019 $175,629 $185,006 $175,629 $185,006
2018 $164,648 $174,700 $164,648 $174,700
2017 $152,535 $163,076 $152,535 $163,076
2016 $149,585 $152,263 $149,585 $152,263
2015 $145,983 $149,074 $145,878 $149,074
2014 $141,301 $145,783 $141,301 $145,783
2013 $135,243 $141,171 $135,243 $141,171
2012 $133,854 $134,826 $133,661 $134,826

Questions & Answers about the Florence Housing Market Forecast

How much does an average home cost in Florence today?

The value of an average home (the listing price) in Florence is $266,289 USD.

What is the average price per square foot in Florence?

According to Walletinvestor the median price per square foot in Florence is 148 USD.

Will the median listing price of homes in Florence grow / rise / go up?

Yes. The Florence home prices may rise from 266,289 USD to 302,638 USD in one year.

Is it profitable to invest in Florence homes?

Yes. The long-term profit potential is +13.65% in one year.

Will Florence house prices fall / drop?

No. See above.

What is the predicted price of a Florence home in 2030?

The predicted home sales price of a Florence home in 2030 in Florence is 328,406 USD.

What is the predicted price of a Florence home in 2035?

The predicted home sales price of a Florence home in 2035 in Florence is 388,683 USD.

Will real estate prices decrease in Florence?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Florence is the 1139. largest city in the United States, located in Kentucky State.

During the last 12 months the real estate prices in Boone, Florence decreased, looking at the past 12 months.

According to Walletinvestor's Florence real estate market research, home values will increase in the next 12 months.

Median home values decreased by 6.088% to 266,289 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 11.831% in 2021
  • 15.181% in 2022
  • 14.071% in 2023
  • 12.831% in 2024
  • 14.741% in 2025
  • 13.521% in 2026

Based on our Florence real estate market research and report the predicted sales prices will increase by 259.515% in the next 10 years.

Over the last 12 months, the value of homes in Florence fluctuated: increasing 2 times and decreasing 2 times.

Florence (Kentucky) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Florence Housing Market Forecast with Real Estate Prices for 2025
August 2025 284918 266968 302867
September 2025 286522 271623 301421
October 2025 288136 273729 302542
November 2025 289758 273532 305985
December 2025 291390 269536 313244
Florence Housing Market Forecast with Real Estate Prices for 2026
January 2026 292655 265730 319579
February 2026 294259 278663 309855
March 2026 295916 277273 314559
April 2026 297582 274371 320794
May 2026 299258 270829 327688
June 2026 300944 278975 322913
July 2026 302638 273283 331994
August 2026 304343 285474 323212
September 2026 306057 284021 328093
October 2026 307780 287159 328402
November 2026 309514 289395 329632
December 2026 309823 281009 338636
Florence Housing Market Forecast with Real Estate Prices for 2027
January 2027 308772 283144 334400
February 2027 307774 280074 335473
March 2027 307959 278395 337523
April 2027 308220 282637 333802
May 2027 307554 289716 325392
June 2027 306510 282909 330112
July 2027 306175 275557 336792
August 2027 306652 286106 327198
September 2027 308043 291101 324985
October 2027 309653 282403 336902
November 2027 311312 283916 338707
December 2027 312837 291564 334110
Florence Housing Market Forecast with Real Estate Prices for 2028
January 2028 313607 282874 344341
February 2028 314100 288344 339857
March 2028 313890 286267 341512
April 2028 313854 288746 338962
May 2028 313552 285332 341772
June 2028 313832 287784 339880
July 2028 314400 292078 336723
August 2028 315829 295300 336358
September 2028 317452 298088 336817
October 2028 318725 288127 349322
November 2028 319811 287830 351792
December 2028 320589 299430 341748
Florence Housing Market Forecast with Real Estate Prices for 2029
January 2029 321403 293120 349687
February 2029 321901 301943 341858
March 2029 322810 303118 342501
April 2029 324238 302190 346286
May 2029 326064 307152 344976
June 2029 327684 297209 358158
July 2029 328406 298193 358619
August 2029 328441 299867 357015
September 2029 328461 299885 357038
October 2029 328429 304125 352733
November 2029 328141 309108 347173
December 2029 329989 299630 360348
Florence Housing Market Forecast with Real Estate Prices for 2030
January 2030 331847 299326 364368
February 2030 333716 311023 356408
March 2030 335595 314117 357073
April 2030 337485 311499 363471
May 2030 338950 314545 363354
June 2030 340808 309112 372503
July 2030 342727 310853 374600
August 2030 344657 325356 363958
September 2030 346598 324416 368780
October 2030 348550 327985 369114
November 2030 350513 332637 368389
December 2030 352487 319706 385268
Florence Housing Market Forecast with Real Estate Prices for 2031
January 2031 354472 333558 375386
February 2031 356468 326881 386055
March 2031 358476 330156 386795
April 2031 358834 338739 378928
May 2031 357616 331510 383722
June 2031 356460 328656 384264
July 2031 356675 323861 389490
August 2031 356977 326634 387320
September 2031 356206 329134 383278
October 2031 354997 323758 386237
November 2031 354608 331559 377658
December 2031 355161 333851 376471
Florence Housing Market Forecast with Real Estate Prices for 2032
January 2032 356772 337863 375681
February 2032 358637 336401 380872
March 2032 360558 329910 391205
April 2032 362324 335150 389499
May 2032 363217 328348 398086
June 2032 363788 338687 388889
July 2032 363544 327189 399898

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.