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·Tallahassee Metro
FL

Tallahassee Metro

Tallahassee Metro Market Report

Top 10 ZIPs by size — 7.32% mortgage rate — Updated 10/27/2026

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Listings Flow Ladder — Tallahassee

Faucet, basin and drain — new listings in, active inventory, closed sales out.as of Sep 30, 2026

the basin is fillingnet 106 listings/mo
balanced 4–6 mo4.9 mo
Faucet — new listings
469/mo
94% of normal (497) · normal
Basin — active listings
1,763
94% of normal (1,879) · balanced
Months of supply
4.9 mo
derived — not published at this grain
Drain — closed sales
363/mo
77% of normal (468)
Net — faucet minus drain
+106/mo
filling
Reading
current
as of 2026-09-30
Compare against:
2015-01-01 to 2019-12-31 · 5 same-month points

How plugged is the drain? Two definitions, both ours, deliberately not reconciled.

  • 20%Absorption vs its own normal— 1 - (closed sales / active listings) / same-month median of that ratio
  • 23%Closed sales vs its own normal— 1 - closed sales per month / same-month median closed sales per month

Closed sales over 24 months — two different numbers, deliberately not merged.

  • 107/mofall in the monthly rate (23%)— peak 469/mo (2025-07-31) to 363/mo now
  • 1,421transactions that did not happen— summed monthly shortfall vs the same-month normal, over 24 months below it (vs 2015-19 (COVID excluded))
  • rate_drop_from_peak is a change in the monthly rate; cumulative_shortfall_vs_normal counts transactions not transacted. They are different quantities and are not interchangeable.
2026-09-30

Redfin market data (county + ZIP), via Lotvox. As of 2026-09-30. Normal = same-month median of monthly rates, minimum 3 same-month points. Source window 3 months (flows shown per month). Aggregated over a fixed panel of 17 zips — the panel is fixed so a change in who reports cannot look like a change in the market. months_of_supply is not published at this grain (0 non-null rows measured); derived here as active listings / closed sales per month.

Verified county coverage:Wakulla County, FLLeon County, FLGadsden County, FLJefferson County, FL

Tracked ZIPs
10
Avg Score
65
Avg Median
$276,133
Market
Buyer's
Avg Composite
65/100
Avg Median Price
$276,133
Avg Rent
$1,422/mo
Avg Burden
28.7%of income

Buyer Leverage — Should I Buy in Tallahassee?

55
Avg Buyer Score
20 ZIPs analyzed
Strong Buyer
2
Moderate
4
Balanced
11
Seller Favored
3
Strong Seller
0
Best for Buyers
32346Panacea94
32344Monticello86
32333Havana68
32352Quincy65
32305Tallahassee64
Most Competitive
32324Chattahoochee34
32303Tallahassee34
32301Tallahassee38
32308Tallahassee40
32311Tallahassee42

MODERATE — Tallahassee has mixed conditions, pockets of opportunity

32327
Crawfordville, wakulla county
73
Median Price
$289,691
YoY
+0.9%
Payment Burden
24.9%
Buy vs Rent
Buy
Days on Market
90
Supply
5.2 mo
Rent
$1,817
Val. Gap
—
32303
Tallahassee, leon county
74
Median Price
$237,612
YoY
+1.6%
Payment Burden
24.8%
Buy vs Rent
Buy
Days on Market
67
Supply
4.6 mo
Rent
$1,489
Val. Gap
-13.9%
32312
Tallahassee, leon county
76
Median Price
$449,487
YoY
+0.9%
Payment Burden
24.8%
Buy vs Rent
Neutral
Days on Market
74
Supply
3.3 mo
Rent
$2,393
Val. Gap
+2.3%
32309
Tallahassee, leon county
72
Median Price
$394,082
YoY
+2.8%
Payment Burden
23.6%
Buy vs Rent
Rent
Days on Market
54
Supply
3.1 mo
Rent
$1,475
Val. Gap
+48.9%
32351
Quincy, gadsden county
62
Median Price
$172,443
YoY
+0.4%
Payment Burden
29%
Buy vs Rent
Neutral
Days on Market
131
Supply
9.9 mo
Rent
$758
Val. Gap
—
32301
Tallahassee, leon county
61
Median Price
$209,274
YoY
+0.1%
Payment Burden
27.4%
Buy vs Rent
Buy
Days on Market
61
Supply
5.3 mo
Rent
$1,382
Val. Gap
+209.4%
32344
Monticello, jefferson county
51
Median Price
$308,712
YoY
+4.3%
Payment Burden
39%
Buy vs Rent
Rent
Days on Market
87
Supply
3.6 mo
Rent
$710
Val. Gap
—
32308
Tallahassee, leon county
61
Median Price
$336,946
YoY
+2.1%
Payment Burden
30.4%
Buy vs Rent
Neutral
Days on Market
64
Supply
3.2 mo
Rent
$1,544
Val. Gap
-34.4%
32305
Tallahassee, leon county
71
Median Price
$196,085
YoY
+1.1%
Payment Burden
27.1%
Buy vs Rent
Buy
Days on Market
128
Supply
11 mo
Rent
$1,318
Val. Gap
—
32304
Tallahassee, leon county
44
Median Price
$167,002
YoY
-0.1%
Payment Burden
35.7%
Buy vs Rent
Buy
Days on Market
66
Supply
5.3 mo
Rent
$1,334
Val. Gap
—

Median price and 12-month change: Zillow Home Value Index (ZHVI); where a ZIP has no ZHVI value, the county assessor average. Days on market: Redfin Data Center, rolling 90 days; months of supply: Redfin Data Center. Rent: Zillow Observed Rent Index (ZORI); where a ZIP has no ZORI value, the Census ACS county rent.

Every ZIP market page in Tallahassee Metro (28)