Pinal County · Phoenix-Mesa-Chandler · population 24,891
Where Florence stands
Population shrinking 1.8% per year.
Home value trajectory · last 10 years
Zillow ZHVI · monthlyLifestyle scores
Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.
Rent trajectory · last 5 years
Zillow ZORI · monthlyHome value vs rent · indexed to 100
Both rebased at first month of ZORI data (~2015)Rent vs buy
At a 15.5 price-to-rent ratio, Florence is in the 'depends on horizon' zone. Buy if you'll be there 5+ years and value flexibility on the home; rent if you might move, want zero maintenance friction, or expect rates to drop.
How the momentum score breaks down
methodology →Florence has held up across the cycle: home values at $332,905 with +4.2% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.
Florence's population is shrinking 1.8% per year. Housing demand has to come from somewhere — if people are leaving, the buyer pool is shrinking faster than the inventory. That eventually shows up in price.
About Florence
Florence is a city in Pinal County, Arizona, with an estimated population of 24,891. It anchors the Phoenix-Mesa-Chandler metro area. The population has contracted 1.8% per year on average since 2020. The median home value in Florence is $332,905 as of 2026-04, down 2.2% over the last 12 months. Over the last five years, home values have averaged +4.2% annual growth, and the market currently sits about 14% below its 5-year peak. Rents in Florence average $1,795 per month, roughly flat year-over-year (+1.6%). The composite momentum score is 45 of 100 (Cooling). Buyers may find more room to negotiate; sellers should price realistically.
▲ Bull case
▼ Bear case
Playbook
You have leverage. Negotiate price, ask for closing-cost credits, and don't waive inspection. Walk-away power is real in a Cooling market — use it.
Price aggressively (at or below recent sold comps) or be prepared to wait. Concessions — rate buydowns, closing costs, repair credits — are how deals close right now.
Cap rates are more attractive than they were 12 months ago but the appreciation tailwind is gone. Confirm tenant demand, vacancy rates, and exit liquidity before committing capital.
Local safety & alerts
No active National Weather Service alerts for Pinal County right now.
Public-safety links are official .gov sources, not curated by us. Pinal County routes NWS alerts; check the state EM portal for non-weather emergencies.
Cities like Florence
Run the numbers for Florence
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.
Climate & natural-disaster risk
State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.
Local sports teams
Major professional teams the Phoenix-Mesa-Chandler area cheers for. Detailed stats, schedules, and player pages on intherafters.com.
Current weather
Find rentals & listings
Open current Florence listings on the major real-estate sites.
Links open the live search on the destination site — results are always current.
Local economy & environment
Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.
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