Tallahassee 32304

Tallahassee, FL · Leon County, FL · 9,316 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

45affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
33.2%
stretched
Days on market
69
daily
Price cuts
17.8%
of active
Look up an address
52
/100
mixed
warming · balanced · prices rising year-over-year.

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

46/ 100SellerBalancedBuyer
Balanced Market
Needs 9.6% correction for affordability
DOM: 78d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)50
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)0
Cancellation Rate (10%)75
Days on Market (5%)75

Balanced market in 32304. List price is roughly fair — focus on condition and value. Payment burden: 33.3% of median income. Median days on market: 78.

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
WARMINGBALANCED

Market is warming with rising prices. Conditions are balanced between buyers and sellers.

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Market snapshoteach number, once

Median price
$169,056
▴ 1.0% YoY
Days on market
69
daily · zip_data
Median rent
$1,386
ZORI
Investor score
87/100
cash-flow lens
Active listings
132
90-day

Valuation3 lenses, different anchors

vs assessor
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$0
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+50.3%
County-wide market — the widest, slowest signal.
Leon+50.3%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$152
Price-to-income5.5×

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How 32304 ranks in FL
percentile vs all FL ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

26SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply24.0 mo
Days on Market69d
Inv vs History+7.7%
Listing Density7.1/1k
Market dynamics
Price cut %17.8%
Momentumwarming
LeverageBALANCED
Months of supply24
Sales (90d)0
Investment analysis
Median rent$1,386
Price-to-rent10.2
Est. cap rate6.4%
Buy vs rentfavors buying

Livability

Walk score19
Transit score11
Bike score

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Leon County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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