Current Price

$520,292

1 Month Forecast

â–¼ $516,260

1-Year Forecast *

â–² $548,421

5-Year Forecast *

â–² $639,215

"Is it a good time to buy homes in Florence?" "Does investing in real estate in Florence (South Dakota State, Codington County) worth it?" According to our live Forecast System, buying a house in Florence is a acceptable 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 South Dakota State, Codington 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 520,292 USD on 2026-02-19. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Florence" area is 639,215 USD by 2031-02-19. For a 5-year investment the profit is expected to be around +22.86% meaning that investing 100000 USD today may yield a profit of 22,857 USD by 2031.

Current Median Listing Price: 520,292 USD Median Listing Price Per Square Foot: 289 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 (South Dakota 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: $548,421* (upside of 5.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $520,308 $512,234 $512,234 $522,870
2024 $499,174 $520,292 $499,174 $531,958
2023 $455,530 $501,675 $455,530 $520,980
2022 $0 $446,614 $0 $446,614
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

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 $520,292 USD.

What is the average price per square foot in Florence?

According to Walletinvestor the median price per square foot in Florence is 289 USD.

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

Yes. The Florence home prices may rise from 520,292 USD to 548,421 USD in one year.

Is it profitable to invest in Florence homes?

Yes. The long-term profit potential is +5.41% 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 590,442 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 712,799 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 18548. largest city in the United States, located in South Dakota State.

During the last 12 months the real estate prices in Codington, 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 0.493% to 520,292 USD, between 2025-02-19 and 2026-02-19

The average annual profit of property investment was:

  • 3.776% in 2021
  • 6.176% in 2022
  • 6.826% in 2023
  • 4.726% in 2024
  • 5.526% in 2025
  • 5.476% in 2026

Based on our Florence real estate market research and report the predicted sales prices will increase by 69.304% in the next 10 years.

Over the last 12 months, the value of homes in Florence fluctuated: decreasing 5 times.

Florence (South Dakota) 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 516260 467732 564789
September 2025 520318 493261 547375
October 2025 524408 486126 562689
November 2025 528529 495232 561826
December 2025 532683 495928 569438
Florence Housing Market Forecast with Real Estate Prices for 2026
January 2026 533796 485221 582372
February 2026 531030 477927 584133
March 2026 531616 499719 563513
April 2026 535690 504084 567296
May 2026 539901 502647 577154
June 2026 544144 502789 585499
July 2026 548421 496321 600521
August 2026 552731 518462 587000
September 2026 557075 523651 590500
October 2026 561454 511484 611423
November 2026 565866 525124 606609
December 2026 570314 513853 626775
Florence Housing Market Forecast with Real Estate Prices for 2027
January 2027 572751 521776 623726
February 2027 574895 524304 625486
March 2027 571916 522160 621673
April 2027 568953 531971 605935
May 2027 566005 526385 605626
June 2027 563184 519256 607113
July 2027 567611 513120 622101
August 2027 572072 517153 626991
September 2027 576568 521794 631342
October 2027 581100 528220 633980
November 2027 584515 541846 627185
December 2027 584422 550526 618319
Florence Housing Market Forecast with Real Estate Prices for 2028
January 2028 584903 542205 627601
February 2028 583612 534589 632636
March 2028 581359 534269 628449
April 2028 578347 524561 632134
May 2028 575351 529323 621379
June 2028 575369 531641 619097
July 2028 578202 534837 621567
August 2028 576939 535976 617901
September 2028 573950 528608 619292
October 2028 570976 535575 606376
November 2028 569791 512812 626770
December 2028 569543 531954 607133
Florence Housing Market Forecast with Real Estate Prices for 2029
January 2029 574020 521784 626256
February 2029 578531 538613 618450
March 2029 583078 553341 612815
April 2029 587661 532421 642901
May 2029 592280 552005 632555
June 2029 593518 553752 633283
July 2029 590442 547340 633545
August 2029 591094 543806 638381
September 2029 595623 553334 637913
October 2029 600305 548078 652531
November 2029 605023 562671 647375
December 2029 609778 560386 659170
Florence Housing Market Forecast with Real Estate Prices for 2030
January 2030 614571 578926 650216
February 2030 619401 587812 650991
March 2030 624269 584316 664223
April 2030 629176 587021 671331
May 2030 634121 570709 697533
June 2030 636831 592252 681409
July 2030 639215 604058 674371
August 2030 635903 602836 668970
September 2030 632608 594019 671197
October 2030 629330 580872 677789
November 2030 626194 581734 670653
December 2030 631115 579364 682867
Florence Housing Market Forecast with Real Estate Prices for 2031
January 2031 636076 577557 694595
February 2031 641075 577608 704541
March 2031 646114 589902 702325
April 2031 649911 611566 688256
May 2031 649808 595874 703742
June 2031 650342 611322 689363
July 2031 648907 613866 683948
August 2031 646402 596629 696175
September 2031 643053 594824 691282
October 2031 639721 596220 683222
November 2031 639741 589202 690281
December 2031 642891 607532 678250
Florence Housing Market Forecast with Real Estate Prices for 2032
January 2032 641487 584395 698579
February 2032 638163 603064 673262
March 2032 634857 597400 672313
April 2032 633539 600595 666483
May 2032 633264 571838 694691
June 2032 638241 576970 699513
July 2032 643258 586651 699864

> 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.