Housing · Florence

Florence, TX housing market

The typical Florence home is worth about $570,000, up 4.5% in a year, 90% above the Texas typical home.

Home values, sales, trends and how Florence compares with the towns next door — updated as new data is published.

The market right now

Florence at a glance

Typical home value
$570K
▲ 4.5% in a year · Zillow
Median sale price
$245K
May 2026 · Redfin
Homes sold
2
in May · 3 for sale

Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2016–2026

FlorenceTexas
$100K$200K$300K$400K$500K$600K$700K 20182020202220242026 Florence $570K Texas $299K
Show as a table
JanuaryFlorenceTexas
2017$322,000$190,000
2018$339,000$202,000
2019$357,000$214,000
2020$373,000$223,000
2021$433,000$242,000
2022$554,000$286,000
2023$560,000$313,000
2024$562,000$311,000
2025$568,000$311,000
2026$564,000$303,000
August 2026$570,000$299,000
New construction

3 new homes permitted in 2025

Builders were permitted 3 new homes in Florence in 2025, all single-family houses. That's 2.8 per 1,000 residents, slower than across Texas (8.1). Over the past 10 years, Florence has permitted 23 homes in all.

New homes, 2025
3
3 in 2024
2026 so far
1
Jan–Aug
Per 1,000 residents
2.8
Texas: 8.1
Single-family
100%
of 2025’s new homes
Single-familyTwo or more homes per building2026 so far
0246810 2000: 2 homes 2000 2001: 9 homes (5 single-family, 4 in buildings with 2+ homes) 2002: 4 homes (2 single-family, 2 in buildings with 2+ homes) 2003: 1 home 2004: 1 home 2005: 1 home 2005 2006: 1 home 2007: 0 homes 2008: 4 homes 2009: 0 homes 2010: 0 homes 2010 2011: 2 homes 2012: 0 homes 2013: 0 homes 2014: 0 homes 2015: 4 homes 2015 2016: 0 homes 2017: 0 homes 2018: 2 homes 2019: 7 homes (5 single-family, 2 in buildings with 2+ homes) 2020: 5 homes 2020 2021: 2 homes 2022: 0 homes 2023: 1 home 2024: 3 homes 2025: 3 homes 2025 2026 so far: 1 home

Homes vs. people, 2010–2020

Residents+35
New homes+15

Between the 2010 and 2020 censuses, Florence gained 35 residents while 15 new homes were permitted: about 2.3 new residents per new home. Building and growth moved roughly in step. Across Texas: 2.6 new residents per new home.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)110$288,000
2025330$863,000
2024330$863,000
2023110$347,000
2022000—
2021220$693,000
2020550$900,000
2019752$855,000
2018220$356,000
2017000—
2016000—
2015440$507,000
2014000—
2013000—
2012000—
2011220$175,000
2010000—
2009000—
2008440$316,000
2007000—
2006110$131,000
2005110$167,000
2004110$70,000
2003110$80,000
2002422$245,000
2001954$521,000
2000220$35,000

Florence's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Affordability

7.2 years of income

The typical Florence home costs about 7.2 years of the town's median household income, more than across Texas (3.8 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
76.6%
Texas: 62.6%
Median tax bill
$2,819
Texas: $4,232
Median rent
$1,018
Texas: $1,403
Typical home built
1983
Texas: 1992

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,760

HUD's Fair Market Rent for a two-bedroom in Florence is $1,760 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Florence pay a median of $1,018, so moving in tends to cost more than staying put. A two-bedroom takes about 27% of the town's median household income.

1 bedroom
$1,490
a month, with utilities
2 bedrooms
$1,760
a month, with utilities
3 bedrooms
$2,240
a month, with utilities
Share of income
27%
2 bedrooms ÷ median income

Studio $1,400 · 4 bedrooms $2,600

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (76527; Austin-Round Rock-San Marcos, TX MSA), 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, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01