Florence, MT 59833 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Florence, MT—59833

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$640,000

0.1% YoY Growth

Household Income

$82,100

34.9% YoY Growth

Days on Market

137

47.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$1,500

9.5% YoY Growth

1-Bed Rent

$950

N/A

2-Bed Rent

N/A

3-Bed Rent

$1,600

57.1% YoY Growth

Home Price Trends — Florence, MT

Florence, MT lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$640,000	0.1%
Single Family	$640,000	0.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Florence, MT

As of July '25, Rentcast reports the average rent in Florence, MT is $1,810, with a year-over-year rent change of -9.5%. Per bedroom, the median rent as of July '25 in Florence, MT is 1-bedrooms: $1,220, 3-bedrooms: $2,200. The most common rental property sizes in Florence, MT are 2-bedroom and 3-bedroom, accounting for 57.9% and 16.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,500	$1,810
Studio Rent	N/A	N/A
1 Bed Rent	$950	$1,220
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,600	$2,200
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

6.8%

1 Bedroom

13.2%

2 Bedrooms

57.9%

3 Bedrooms

16.2%

4 Bedrooms

6.0%

Property Listings — Florence, MT

As of Dec '25, Realtor.com reports that the median days on market for a home in Florence, MT is 117. This is a increase of 23.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$847,000	5.0%
Listing Count	38	21.0%
Listings as % of Homes	1.4%	21.0%
Days on Market	137	47.0%

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Demographics — Florence, MT

As of the latest ACS Survey released in 2023, Florence, MT has a population of 6,050, which has increased by 6.9% over the past 5 years. Florence, MT is a moderately popular place for families, as children make up 18.6% of the population. The area has a moderately educated workforce, with 34.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	6,050	6.9%
% Under 18	18.6%	-3.1%
% Seniors	25.3%	6.3%
% WFH	19.3%	107.5%
% w/ College Degree	34.9%	8.7%

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As of the latest ACS Survey released in 2023, Florence, MT is a predominantly white area, with 83.8% of the population identifying as white. The white population has shrunk by 10.4% in the last 5 years. The second most common race or ethnicity in Florence, MT is hispanic, making up 6.4% of the population. Foreign-born residents account for 2.7% of the population in Florence, MT, and this percentage has decreased by 22.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	83.8%	-10.4%
% Black	0.0%	N/A
% Hispanic	6.4%	190.9%
% Asian	1.5%	50.0%
% Foreign Born	2.7%	-22.9%

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Mortgage and Risk — Florence, MT

According to HUD data as of 2023, there were 81 mortgage originations in Florence, MT, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Florence, MT. Investor activity is low, as 0.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	81
% Conventional Loans	84.0%
% Government Loans	16.0%
% Investor Loans	0.0%
% Second Loans	2.0%
% Cash Out Refinance	17.0%

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Rentals and Section 8 — Florence, MT

Florence, MT lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	5
Total Units Section 8	5
% Rentals under Section 8	2.1%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$340	$950	$1,290
2 Bedroom	N/A	N/A	$1,600
3 Bedroom	$650	$1,600	$2,250
4 Bedroom	N/A	N/A	$2,690

Florence, MT—59833

Key Metrics at a Glance

Home Price Trends — Florence, MT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Florence, MT

% of Rental Stock

Property Listings — Florence, MT

Demographics — Florence, MT

Race and Ethnicity

Mortgage and Risk — Florence, MT

Mortgages

Rentals and Section 8 — Florence, MT

Section 8 Market Size

Section 8 Opportunity

Affordability — Florence, MT

Home Price to Income Ratio

Florence, MT — ZIP Code Boundary Map

Nearby ZIP Codes

Missoula, MT

Missoula, MT

Missoula

Lolo, MT

Missoula, MT

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	7.4
Median Home Price	$640,000
Median Household Income	$82,100

Florence, MT—59833

Key Metrics at a Glance

Home Price Trends — Florence, MT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Florence, MT

% of Rental Stock

Property Listings — Florence, MT

Demographics — Florence, MT

Race and Ethnicity

Mortgage and Risk — Florence, MT

Mortgages

Rentals and Section 8 — Florence, MT

Section 8 Market Size

Section 8 Opportunity

Affordability — Florence, MT

Home Price to Income Ratio

Florence, MT — ZIP Code Boundary Map

Nearby ZIP Codes

Missoula, MT

Missoula, MT

Missoula

Lolo, MT

Missoula, MT

Frequently Asked Questions

What is the average home price in Florence, MT 59833?

How have home prices in Florence, MT 59833 changed over the past year?

What is the home price projection for Florence, MT 59833?

What are the demographics of Florence, MT 59833?

How long does it take homes to sell in Florence, MT 59833?

What is the average rent price in Florence, MT 59833?