Florence, IL Housing Statistics

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57%

Med. Home Val. NAT. AVG.

100%

Rent NAT. AVG.

13%

Owner Occ. NAT. AVG.

Florence Housing Information

Index	Florence	Illinois	National
Median home price	$140,691	$308,565	$326,622
Median rent asked	$0	$1,374	$1,444
Avg. people per household	2.3	2.6	2.6
Owner occupied households	72.0%	66.0%	63.6%
Renter occupied households	28.0%	34.0%	36.4%

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Housing Quick Facts

The median home price in Florence is 57% lower than the national average.
The median rent asked in Florence is 100% lower than the national average.
The average number of people per household in Florence is 11% lower than the national average.
The number of owner occupied households in Florence is 13% higher than the national average.
The number of renter occupied households in Florence is 23% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Valley City, IL	30	$0	100%
Nebo, IL	373	$54,439	83%
Pearl, IL	102	$57,744	82%
Hillview, IL	164	$79,344	76%
Alsey, IL	180	$80,166	75%
Florence, IL	52	$140,691	57%

Cities with similar population

	Population	Home Price	National Avg.
Octa, OH	52	$111,467	66%
Herron Island, WA	52	$516,345	58%
Callimont, PA	52	$370,938	14%
Elgin, KS	52	$57,532	82%
Morristown, SD	52	$33,960	90%
Florence, IL	52	$140,691	57%

Source: The Florence, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.