Tallahassee 32317

Tallahassee, FL · Leon County, FL · 7,047 properties with county records

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Tallahassee 32317 is in Leon County, FL, part of the Tallahassee Metro. The typical home value in Tallahassee 32317 is $406,691 (Zillow Home Value Index, September 2026), up 2.3% from a year earlier. Homes that sold went under contract in a median 74 days, and 33% of listings took a price cut (Redfin Data Center, period ending Sep 30, 2026). On Lotvox's market-leverage reading of that data, with 6.7 months of supply, buyers hold the advantage. The Lotvox Turnover Index is not published for 32317 yet: it appears only where a held-out test on the county's recorded sales beats chance. Across Leon County's 10 ZIPs with a Zillow value, the middle one is $282,161, so 32317 sits 44% above the county middle. Typical rent is $2,448 a month (Zillow Observed Rent Index, September 2026). Lotvox holds county assessor records for 7,047 properties in 32317.

Headline value data through September 2026. Each source below carries its own date.

Is 32317 a buyer's or seller's market?

By Lotvox's leverage reading of Redfin data through Sep 30, 2026, 32317 is a buyer's market. Homes went under contract in a median 74 days with 6.7 months of supply.

What do homes in 32317 sell for?

The typical home value in 32317 is $406,691 (Zillow Home Value Index, September 2026), up 2.3% in a year. County records put the median at about $231 per square foot (computed Apr 21, 2026).

Who is likely to sell in 32317?

Lotvox only publishes its Turnover Index where a held-out test on recorded sales beats chance, and 32317 has not passed that test yet. When it does, the score appears here.

How does 32317 compare to Leon County?

32317's typical value of $406,691 compares with a middle value of $282,161 across Leon County's 10 ZIPs. Both are Zillow Home Value Index figures for September 2026.

Where does this 32317 data come from?

Values and rents come from Zillow's research data, sales pace from the Redfin Data Center, and property counts and turnover from county assessor and deed records. Each number on this page carries its own date, and the method is published at lotvox.com/methodology.

Sources: Zillow Home Value Index (ZHVI) (as of Sep 30, 2026) · Redfin Data Center (as of Sep 30, 2026) · Zillow Observed Rent Index (ZORI) (as of Sep 30, 2026) · county assessor records (counted Oct 27, 2026) · How Lotvox works
Cite as: Lotvox ZIP market record, 32317 Tallahassee, FL, data through September 2026, https://lotvox.com/tallahassee/zip/32317

Listings Flow Ladder — Listings flow could not be loaded (429).

Should you buy here?

buyer-timing lens
66affordability /100

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

Payment burden
22%
affordable
Days on market
74
daily
Price cuts
33.2%
of active
Valuation
-51.6%
vs assessor

Days on market and price cuts: Redfin Data Center, rolling 90 days.

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Rent vs own
Not available for this ZIP — no rent or ownership-cost estimate published here.
Rent to price
Not available for this ZIP — no price-to-rent ratio published here.
69
/100
stable
stable · buyer advantage · 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 / seller

buyer-timing lens
44/ 100SellerBalancedBuyer
Balanced Market
DOM: 71d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)0
Valuation Gap (25%)80
Supply & Demand (20%)85
Buy vs Rent (15%)25
Cancellation Rate (10%)0
Days on Market (5%)75

Balanced market in 32317. List price is roughly fair — focus on condition and value. Payment burden: 20.7% of median income. Median days on market: 71. Renting is approximately 8% cheaper than buying (price-to-rent ratio: 13.0). Market appears 22% overpriced vs. assessed values.

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

Market is holding steady with balanced conditions. Buyers have strong negotiating leverage.

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Market snapshot

each number, once
Median price
$406,691
▴ 2.3% YoY
Days on market
74
Redfin
Median rent
$2,448
ZORI
Investor score
81/100
cash-flow lens
Active listings
125
90-day

Median price: Zillow Home Value Index (ZHVI). Median rent: Zillow Observed Rent Index (ZORI). Days on market and active listings: Redfin Data Center, rolling 90 days.

Valuation

3 lenses, different anchors
vs assessor
-51.6%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$196,800
county CAMA · properties_v
vs income
—
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+50.0%
County-wide market — the widest, slowest signal.
Leon+50.0%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$231
Price-to-income3.4×

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How 32317 ranks in FL
percentile vs all FL ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

6SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply12.0 mo
Days on Market74d
Inv vs History+49.1%
Listing Density23.7/1k
Market dynamics
Price cut %33.2%
Momentumstable
LeverageBUYER ADVANTAGE
Months of supply6.7
Sales (90d)56
Investment analysis
Median rent$2,448
Price-to-rent13.0
Est. cap rate5.0%
Buy vs rentfavors buying

Livability

Walk score1
Transit score1
Bike score—

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Housing pulse

4 charts, one facade

Housing pulse — Housing pulse could not be loaded (429).

Price bands

mix-shift

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Leon County context

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

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Nearby ZIP codes

Typical home value: Zillow Home Value Index (ZHVI); change is the 12-month change.