41042, Florence, KY

The 41042 zip code of Florence, KY has a median home value of $101,000. The majority of homes in this zip code are owned by individuals and families. The average age of a home in this zip code is approximately 38 years old. Home values have increased by an average of 7% over the past five years. In addition, the number of homes that are being sold has increased by an average of 8% over the past year. This suggests that there is strong demand for housing in this area.

There are several factors that may be contributing to the increase in home values in the 41042 zip code of Florence, KY. One reason may be that there is a low supply of housing available in this area which may lead to higher prices for existing homes. Additionally, many homeowners may have invested money into their home equity which could also contribute to higher home values. Finally, many people who live in this zip code are likely wealthy enough to afford higher prices for homes than those who live elsewhere in Kentucky or across the United States.