The median home in Florence, South Dakota is valued at $493,012, up 3.2% year over year. Florence is part of the Watertown, SD metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$493,012

+3.2%

Prices rising — worse for buyers.

Affordability

Enter your income for Florence.

Income (annual)

Down Payment

$98,602 on $493,012

Example: $75,000 household income. Change it above to see your own.

Out of reach51.4% of income

Need $137,743/yr to afford.

PITI$3,214

P/I51.4%

Afford$268K

Gap-$225K

P&I $2,493Tax $538Ins $183

6.50% 30yr, 20% down, county tax + SD ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in South Dakota

Compare Florence with other housing markets across South Dakota.

Keystone$615K South Shore$546K Hermosa$513K Henry$492K Wentworth$476K Renner$462K Custer$460K Hill City$450K

Full Watertown, SD analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Watertown, SD metro.

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Florence, SD