Welcome to our 41042 real estate data hub, tailored for investors in Florence, KY. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 41042 in Florence, KY. Discover Section 8 housing opportunities and challenges to maximize your investment potential in BOONE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Florence, KY real estate investing. Uncover the wealth of information available, and position yourself for success in the Florence property market.
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Location Overview
- Zip Code: 41042
- City: Florence
- State: KY
- Metro Area: Cincinnati, OH-KY-IN
- County Name: BOONE COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $242,526
- Average Home Price (Single Family Homes): $261,871
- Average Monthly Rental Price (All Types): $1,387
- Price-to-Rent Ratio: 15
- Zillow Projected % appreciation from 4/2023-4/2024: 1.7%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,230
- Average 3 Bedroom Section 8 Rental Rates: $1,650
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 16.43
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 12.25
- Number of Units Offered in Section 8 in the County: 371
- Number of Occupied Units in Section 8 in the County: 358
- Percentage of Section 8 Units Occupied in the County: 96.5%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 147.81
- Total % Appreciation since 2000 (Government Data): 81.55
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.62%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 5.28%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 33.74%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 51.84%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 85.38%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 68.48%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 86.24%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -1.78%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 6.27%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%