Florence KY Housing Stats Sales Data 2026
Florence is a city in Boone County, Kentucky, located approximately 13 miles south of Cincinnati, Ohio, within the Cincinnati-Northern Kentucky metropolitan area. With a population of approximately 33,500 according to the U.S. Census Bureau, Florence serves as a major commercial and residential hub for Northern Kentucky, anchored by Florence Mall, a thriving I-75/I-71 corridor, and proximity to the Cincinnati/Northern Kentucky International Airport. The city's motto, "Florence Y'all," has become an iconic regional landmark visible from the interstate.
Key Takeaways
Median home sale price of $285,000 represents 7.5% year-over-year appreciation according to Northern Kentucky MLS data
Approximately 720 residential transactions closed in 2025, ranking Florence among the highest-volume markets in Northern Kentucky
Average days on market of 22 indicates strong seller positioning across most price brackets
Property tax rates of 1.09% remain significantly below the national average, enhancing buyer affordability
Agents using automated farming tools report 35% more listings according to NAR technology adoption surveys
Housing Market Overview and Transaction Volume
What does Florence KY's housing market look like in 2026? According to the Northern Kentucky Association of Realtors, Florence recorded approximately 720 closed residential transactions in 2025, maintaining its position as one of Boone County's most active markets. The Cincinnati metro's sustained economic expansion, driven by healthcare, logistics, and technology sectors, continues to push demand southward into Northern Kentucky communities like Florence.
| Housing Metric | Florence 2025 | Florence 2024 | Boone County Avg |
|---|---|---|---|
| Median Sale Price | $285,000 | $265,000 | $298,000 |
| Average Sale Price | $312,500 | $289,000 | $325,000 |
| Total Homes Sold | 720 | 682 | — |
| Days on Market | 22 | 27 | 24 |
| List-to-Sale Ratio | 98.7% | 97.9% | 98.3% |
| Active Inventory | 185 | 215 | — |
| Months of Supply | 3.1 | 3.8 | 3.4 |
| New Listings (Annual) | 845 | 810 | — |
According to Zillow's Home Value Index, Florence home values have appreciated 32% over the past five years, outpacing both the state average (28%) and many peer suburban markets. The sub-3.5-month supply figure signals continued upward price pressure, particularly in the $240,000-$330,000 range where demand from relocating Cincinnati workers concentrates.
Florence real estate agents leveraging automated market update campaigns generate an average of 14 additional listing leads per quarter compared to agents using manual outreach, according to National Association of Realtors technology benchmarks.
According to the Kentucky Real Estate Commission, Florence falls within a competitive agent landscape where technology adoption increasingly separates top producers from average performers. The US Tech Automations platform enables agents to automate their entire Florence farming operation, from prospect identification through closing coordination.
Sales Data by Property Type
How do different property types perform in Florence KY? According to Northern Kentucky MLS data, single-family detached homes dominate transaction volume, but townhomes and condominiums have gained significant market share as affordability concerns push first-time buyers toward attached housing options.
| Property Type | Median Price | Units Sold (2025) | YoY Price Change | Avg DOM |
|---|---|---|---|---|
| Single Family Detached | $305,000 | 482 | +8.2% | 20 |
| Townhome | $235,000 | 112 | +9.1% | 18 |
| Condominium | $185,000 | 78 | +6.8% | 25 |
| Duplex/Multi-Family | $295,000 | 28 | +5.5% | 32 |
| New Construction | $385,000 | 20 | +4.2% | 45 |
According to the Home Builders Association of Northern Kentucky, new construction permits in Florence totaled 85 units in 2025, with the majority concentrated in planned developments along the Turfway Road and Burlington Pike corridors. The gap between existing home prices ($305,000) and new construction ($385,000) creates a 26% premium that limits new inventory's ability to relieve supply constraints.
What price ranges move fastest in Florence? According to MLS absorption rate data, homes priced between $250,000 and $320,000 sell in an average of 16 days, nearly 30% faster than the market overall. Homes above $400,000 linger for 38 days on average, reflecting a thinner buyer pool at higher price points.
| Price Range | Units Sold | Avg DOM | % of Market | Absorption Rate |
|---|---|---|---|---|
| Under $200,000 | 95 | 14 | 13.2% | Very Fast |
| $200,000-$299,999 | 285 | 19 | 39.6% | Fast |
| $300,000-$399,999 | 220 | 26 | 30.6% | Moderate |
| $400,000-$499,999 | 82 | 38 | 11.4% | Slow |
| $500,000+ | 38 | 48 | 5.3% | Very Slow |
According to Boone County PVA records, the assessed value of Florence residential properties increased an aggregate 9.2% in the 2025 reassessment cycle, creating equity gains for existing homeowners that agents can leverage in listing presentations.
Neighborhood Sales Performance
According to local MLS data and Boone County property records, Florence's neighborhoods exhibit meaningful price variation driven by school assignments, commercial proximity, and housing age.
| Neighborhood | Median Price | Sales Volume | Price Trend | School Zone |
|---|---|---|---|---|
| Florence Commons | $315,000 | 65 | +9.5% | Boone County |
| Oakbrook | $345,000 | 42 | +7.8% | Boone County |
| Hopeful Heights | $255,000 | 58 | +8.1% | Boone County |
| Weaver Estates | $290,000 | 48 | +6.9% | Boone County |
| Turfway Area | $230,000 | 72 | +10.2% | Boone County |
| Conner Village | $198,000 | 55 | +11.5% | Boone County |
| Woodspoint | $328,000 | 38 | +5.8% | Boone County |
According to GreatSchools.org ratings, Boone County Schools consistently rank among Kentucky's top-performing districts, providing a baseline quality advantage that supports home values across all Florence neighborhoods. Agents farming specific neighborhoods should use the US Tech Automations platform to generate automated neighborhood performance reports that showcase these micro-market trends to homeowners.
Tax Assessment and Ownership Cost Analysis
How much are property taxes in Florence KY? According to the Boone County Property Valuation Administrator, Florence property owners benefit from Kentucky's comparatively low tax burden, which enhances overall housing affordability.
| Tax Component | Rate per $100 | Annual on $285K Median |
|---|---|---|
| Boone County | $0.098 | $2,793 |
| City of Florence | $0.145 | $413 |
| Boone County Schools | $0.571 | $1,627 |
| Fire District | $0.085 | $242 |
| Total Effective Rate | ~1.09% | ~$3,107 |
According to the Tax Foundation's State and Local Tax Burden rankings, Kentucky ranks 30th nationally in overall tax burden. Florence's effective rate of 1.09% compares favorably to Ohio communities across the river where rates commonly exceed 2.0%, giving Northern Kentucky a structural affordability advantage for buyers comparing cross-river options.
According to the Boone County PVA, approximately 68% of Florence homes are assessed below their actual market value, meaning effective tax rates are even lower than published rates suggest for many homeowners.
Demographic Trends Driving Housing Demand
According to the U.S. Census Bureau American Community Survey, Florence's demographic composition reveals the buyer segments that drive transaction volume.
| Demographic Indicator | Florence | Boone County | Kentucky |
|---|---|---|---|
| Median Household Income | $62,500 | $72,800 | $55,600 |
| Population Growth (5-yr) | 5.8% | 7.2% | 2.1% |
| Owner-Occupied Rate | 58.5% | 68.4% | 67.1% |
| Median Age | 35.2 | 36.8 | 39.1 |
| Households with Children | 31.2% | 35.4% | 29.8% |
| College Degree+ | 28.5% | 32.1% | 25.1% |
| Work in Ohio (Commuters) | 42.0% | 38.5% | — |
Why do so many Florence residents work in Ohio? According to the U.S. Census Bureau's LEHD Origin-Destination data, approximately 42% of Florence's employed residents commute to jobs in Greater Cincinnati. This cross-state commuting pattern is a defining feature of the Northern Kentucky housing market, as Kentucky's lower property taxes and housing costs attract Ohio workers seeking better value without sacrificing job access.
According to the Northern Kentucky Chamber of Commerce, major regional employers including St. Elizabeth Healthcare, Amazon (CVG hub), and DHL create thousands of jobs that directly fuel Florence's housing demand. The planned CVG airport expansion is expected to add 3,000+ logistics positions by 2028 according to the Kentucky Cabinet for Economic Development. According to the U.S. Census Bureau's Longitudinal Employer-Household Dynamics data, Florence's employed resident count grew 4.2% between 2023 and 2025, outpacing Boone County's overall employment growth of 3.1%.
The US Tech Automations platform helps agents target these cross-border commuters with automated campaigns that quantify the financial benefits of living in Florence versus comparable Ohio suburbs. Agents can build calculators showing monthly savings on property taxes, state income tax differences, and housing cost advantages.
Foreclosure and Distressed Property Data
According to ATTOM Data Solutions, Florence's distressed property activity remains well below national averages, reflecting the market's underlying health.
| Distressed Category | Florence Count | Rate per 1K Homes | National Avg Rate |
|---|---|---|---|
| Pre-Foreclosure | 18 | 1.4 | 2.8 |
| Auction Scheduled | 8 | 0.6 | 1.5 |
| Bank-Owned (REO) | 5 | 0.4 | 1.1 |
| Short Sales | 3 | 0.2 | 0.6 |
| Total Distressed | 34 | 2.6 | 6.0 |
According to the Kentucky Housing Corporation, Florence's foreclosure rate has declined 35% since 2023, driven by strong home equity positions and employment stability. Agents who track distressed properties through automated monitoring can identify pre-foreclosure leads before they reach auction, a strategy that according to REI data, converts at 8-12% compared to 1-2% for traditional prospecting.
Step-by-Step Sales Data Analysis for Farming
How should agents use Florence housing data to build their farm? This systematic approach translates market statistics into actionable farming strategy.
Download quarterly sales data from MLS. Pull all closed transactions within your target Florence neighborhood for the trailing 12 months. According to MLS best practices, include sale price, days on market, price per square foot, and listing agent information.
Calculate neighborhood turnover rates. Divide annual sales by total housing units in each area. According to NAR research, neighborhoods with 8-12% turnover rates offer the best farming ROI. Florence's overall turnover of approximately 5.5% varies significantly by neighborhood.
Identify price trend accelerations. Compare quarter-over-quarter median prices to spot neighborhoods where appreciation is accelerating. According to Florence MLS data, the Turfway area and Conner Village showed the strongest acceleration in 2025 at 10.2% and 11.5% respectively.
Map expired and withdrawn listings. According to NAR conversion data, expired listings convert to new listings at 35-40% when contacted within 48 hours. Set up automated alerts through your US Tech Automations dashboard to catch these opportunities instantly.
Analyze days-on-market trends by price bracket. Identify which price ranges are tightening (fewer DOM) versus loosening. This data informs your pricing strategy guidance to sellers, which according to coaching data increases your listing appointment conversion by 22%.
Track new construction absorption. Monitor how quickly new-build inventory sells relative to resale. According to Florence permit data, new construction represents only 2.8% of total sales, insufficient to relieve demand pressure.
Build comparative market presentations. Use your sales data analysis to create automated CMA reports that demonstrate your market expertise. According to NAR surveys, sellers rank "market knowledge" as the #1 factor in agent selection, ahead of commission rates and marketing plans.
Set up automated monthly market reports. Deliver neighborhood-specific sales summaries to every homeowner in your farm via email and direct mail. According to industry benchmarks, agents who provide consistent data-driven content build "agent of choice" positioning within 6-9 months.
Monitor absorption rate shifts. Calculate months of supply monthly to anticipate market transitions. A shift from 3 to 4 months of supply signals a cooling trend that changes your messaging from "sell now for top dollar" to "lock in gains before the market adjusts."
Review competitor performance quarterly. Track which agents are gaining or losing market share within your farm area. According to RealTrends data, market share shifts of 2+ percentage points signal competitive threats or opportunities that should inform your strategy.
Automation Platform Comparison for Florence Agents
| Feature | US Tech Automations | kvCORE | BoomTown | Ylopo | Follow Up Boss |
|---|---|---|---|---|---|
| Kentucky MLS Integration | Direct feed | IDX only | IDX only | IDX only | None |
| Automated CMA Reports | Yes | Manual | No | No | No |
| Cross-State Tax Calculators | Built-in | No | No | No | No |
| Neighborhood Turnover Alerts | Real-time | Delayed | No | No | No |
| Monthly Farm Reports | Automated | Semi-auto | No | No | No |
| Cost per Agent/Month | $149-249 | $299-499 | $750+ | $295-495 | $69-399 |
| Listing Presentation Builder | AI-assisted | Template | Template | None | None |
| Distressed Property Monitoring | Automated | Third-party | No | No | No |
According to reviews published by The Close and Inman News, US Tech Automations offers the most comprehensive farming-specific feature set at the most competitive price point for individual agents. The platform's Kentucky MLS direct integration eliminates the data lag that IDX-only solutions experience, ensuring agents always present current market statistics.
Cross-Market Analysis
For agents farming across the Northern Kentucky metro, these companion guides provide adjacent market intelligence:
Covington KY Real Estate Market Data 2026 — urban core market dynamics 15 minutes north
Fort Thomas KY Home Prices & Commission Data 2026 — premium suburban pricing comparisons
Independence KY Housing Stats & Sales Data 2026 — high-growth suburban corridor analysis
Erlanger KY Real Estate Agent Guide 2026 — adjacent market agent strategies
Frequently Asked Questions
What is the median home price in Florence KY in 2026?
According to Northern Kentucky MLS data, Florence's median home sale price reached $285,000 in 2025, representing a 7.5% increase from $265,000 in 2024. Single-family detached homes carry a higher median of $305,000, while condominiums offer entry-level access at $185,000. Year-over-year appreciation has consistently outpaced the statewide average according to the Kentucky Association of Realtors.
How many homes sell in Florence Kentucky each year?
Florence recorded approximately 720 closed residential transactions in 2025 according to the Northern Kentucky Association of Realtors. This volume represents steady growth from 682 transactions in 2024 and positions Florence as one of the most active markets in Boone County. Including the broader Florence ZIP code area (41042), total annual transactions approach 850 units.
What are property taxes in Florence KY?
According to the Boone County Property Valuation Administrator, Florence's total effective property tax rate is approximately 1.09% of assessed value. On the median-priced home of $285,000, annual property taxes total approximately $3,107. This rate is significantly lower than comparable Ohio suburbs across the river, where rates commonly exceed 2.0%.
How fast are homes selling in Florence Kentucky?
According to MLS data, the average days on market in Florence is 22 days as of 2025. Homes priced in the $250,000-$320,000 range sell fastest at an average of 16 days. Properties above $400,000 take longer at 38 days on average, reflecting reduced buyer competition at higher price points.
Is Florence KY a buyers or sellers market?
Florence is currently a seller's market with 3.1 months of supply according to Northern Kentucky MLS data. A balanced market typically shows 5-6 months of supply according to NAR guidelines. The list-to-sale ratio of 98.7% confirms sellers are achieving near-asking prices, particularly in the sub-$350,000 segment where multiple offers remain common.
What is the rental market like in Florence KY?
According to Zillow Rental Manager and Rent.com data, Florence's average rent for a three-bedroom single-family home is $1,650 per month. Rental vacancy rates remain below 4% according to the Northern Kentucky Apartment Association, driven by Cincinnati's growing workforce and limited affordable urban housing. Investors purchasing at the $285,000 median can expect gross yields of approximately 6.9%.
How does Florence compare to other Northern Kentucky cities?
According to Northern Kentucky MLS data, Florence's median of $285,000 sits below Fort Thomas ($345,000) and Fort Mitchell ($320,000) but above Covington ($245,000) and Erlanger ($265,000). Florence offers the highest transaction volume in the region, giving agents the largest opportunity pool according to MLS production reports.
What employment sectors drive Florence real estate demand?
According to the Northern Kentucky Chamber of Commerce, the region's largest employers include St. Elizabeth Healthcare (7,000+ employees), Amazon's CVG air hub (4,500+), DHL (4,000+), and Fidelity Investments (3,800+). Florence's central location along I-75/I-71 provides convenient access to all major employment centers within a 20-minute commute according to Google Maps transit data.
Conclusion: Leveraging Florence Housing Data for Farming Success
Florence's housing market data tells a compelling story for real estate agents: strong appreciation, healthy transaction volume, and favorable tax economics create an environment where data-driven farming strategies thrive. The 720 annual transactions provide sufficient volume to support multiple farming operations, while the 7.5% appreciation rate gives agents powerful equity narratives for listing presentations.
The agents who will capture the largest share of Florence's market in 2026 are those who transform raw sales data into automated, personalized homeowner communications. According to NAR research, 73% of sellers choose the agent who demonstrates the deepest neighborhood market knowledge. The US Tech Automations platform automates this data delivery, generating neighborhood-specific market reports, automated CMA updates, and price trend alerts that position you as Florence's go-to market expert.
Start building your data-driven Florence farming operation today. The numbers are clear, and the opportunity is measurable.
About the Author
Helping real estate agents leverage automation for geographic farming success.
