City

FLORENCE, SD

Watertown, SD

Median home value: $493K (+3.2% YoY). Part of Watertown, SD.

Limited Data

Basic Zillow data only. For stress scores, AI analysis, and trends, Watertown, SD metro page.

Home Value$493,012
+3.2%
AFFORDABILITY

Enter your income for Florence.

$98,602 on $493,012
Out of reach — 49.4% of income

Need $132,257/yr to afford.

PITI$3,086
P/I49.4%
Afford$280K
Gap-$213K
P&I $2,365Tax $538Ins $183
6.00% 30yr, 20% down, county tax + SD ins. 28% per HUD.
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Florence Housing Market | CrashWatch