Florence, Montana.
Typical home $655,363 (+1.1% in a year). Missoula, MT metro.
to buy the typical home at today's mortgage rate — +$2,092 (+155%) since Jan 2020.
- 1 year
- Up $7,001 +1%
- $648,363$655,363 since Sep 2025
- 5 years
- Up $99,935 +18%
- $555,429$655,363 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Florence$3,440
- Montana$2,453
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 21 years.
Typical home values in Florence, MT rose 1.1% over the past year — in step with the nation.
Living in Florence, Ravalli County, Montana
Florence, in Ravalli County, had 821 people in the 2020 census. Half its households earn more than $102,222 a year and half less, against $71,283 across Ravalli County; 6% of its people live below the poverty line. 88% of its homes are lived in by their owners and 12% are rented. Unemployment in Ravalli County was 3.2% in August 2026, and the county had 0.1% fewer jobs in 2025 than the year before. The most people in Ravalli County work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Florence is a small community in Ravalli County, in Montana's Bitterroot Valley. Households here have incomes well above the county's, and relatively few people live below the poverty line. Almost everyone owns the home they live in, and typical home values are high. Winters are cold, with December the coldest month, and the snowfall is modest. Summers are warm in July, and the year is fairly dry.
Work. People in Florence work mostly in schools, hospitals and social care, with others in shops, the building trades, and restaurants, hotels and entertainment. Across Ravalli County, Marcus Daly Memorial Hospital, Hamilton K-12 Schools and Corvallis K-12 Schools are among the largest workplaces. Unemployment in the county is a little lower than it was a year ago, though the number of jobs across the county slipped slightly last year.
Things to do. A short drive away, Lee Metcalf National Wildlife Refuge is a protected area for time outdoors, and Fort Owen State Park is another protected area close by. Fort Fizzle, also a short drive away, is a historic fort site. For a longer outing, Bitterroot National Forest is a larger protected area for hiking and exploring.
Report a mistake
- 6%below the poverty line
What people in Ravalli County work in
Employed residents by industry, from the Census survey. Ravalli County had 13,744 jobs in 2025, 0.1% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 33° and lows near 19°; warmest in July, with highs near 85° and lows near 49°. About 17 inches of snow and 12 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Stevensville weather station, 8 miles away (NOAA).
Largest workplaces in Ravalli County
- Marcus Daly Memorial HospitalCritical access hospital535FTE
- Corixa Corporation (dBa GlaxoSmithKline Biologicals North America)Penicillin, uncompounded, manufacturing303
- Stock Farm ClubGolf and country clubs267
- Hamilton K-12 SchoolsSchool district207FTE
- TC RanchResort hotels without casinos205
- Corvallis K-12 SchoolsSchool district173FTE
- National Institutes of HealthFederal government · Department of Health and Human Services170
- Forest ServiceFederal government · Department of Agriculture155
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 22 workplaces with 20 or more staff, 2,496 people in all across the county; Florence has two of its own. Hospitals come from their Medicare cost reports (CMS, 2023), school districts from the Common Core of Data (NCES, 2023–24) and federal offices from OPM's federal workforce data (2026); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- WildfireVery high
- Cold wavesVery high
- Winter weatherVery high
- LightningRelatively high
- Ice stormsRelatively moderate
- AvalanchesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Florence’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Ravalli County and the Missoula, MT metro.
Florence home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Florence$655,363
- Montana$467,275
- United States$366,157
Sellers are cutting prices on about 1 in 5 Florence listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Florence22.20%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Florence56
New listings per month
Sellers arriving at the market.
- Florence7
Zip codes with a Florence address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Florence — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.