Florence, IN housing market
The typical Florence home is worth about $286,000, up 8.1% in a year, 10% above the Indiana typical home.
Home values, sales, trends and how Florence compares with the towns next door — updated as new data is published.
Florence at a glance
Typical home value, 2016–2026
Show as a table
| January | Florence | Indiana |
|---|---|---|
| 2017 | $130,000 | $135,000 |
| 2018 | $138,000 | $144,000 |
| 2019 | $147,000 | $154,000 |
| 2020 | $152,000 | $164,000 |
| 2021 | $179,000 | $183,000 |
| 2022 | $206,000 | $209,000 |
| 2023 | $219,000 | $227,000 |
| 2024 | $235,000 | $237,000 |
| 2025 | $261,000 | $249,000 |
| 2026 | $276,000 | $256,000 |
| August 2026 | $286,000 | $260,000 |
A two-bedroom rents for about $980
HUD's Fair Market Rent for a two-bedroom in Florence is $980 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $700 · 4 bedrooms $1,360
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (47020; Switzerland County, IN), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.