Sep 2026
$312K
+1.1% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Tallahassee, FL housing market
Tallahassee, FL metro median sale price $312K in Sep 2026, up 1.1% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the Tallahassee, FL metro is $312K as of Sep 2026, up 1.1% from a year earlier. The gain is smaller than in most of the 383 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro shows a larger change, up 5.0% through Q2 2026, 3.9 points apart; Price reconciliation below shows both.
On median sale price, Tallahassee ($312K) ranks 19th of the 22 Florida metros Pecan Street tracks, between Lakeland ($314K) and Ocala ($280K). On median days on market, Tallahassee (60 days) ranks 21st of the 22 Florida metros, between Jacksonville (66 days) and Wildwood (59 days). On share of listings with a price cut, Tallahassee (26%) ranks 19th of the 22 Florida metros, between Crestview (27%) and Sebastian (24%).
Listings spent a median 60 days on market in Sep 2026. 26% of active listings carry a price cut, 1.4 points more than a year earlier. That share is the 38th-lowest of the 385 metros. Median asking prices sit about 8% above the median sale price.
At the 7.29% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $1,708 a month; at 28% of gross income, that takes about $73K a year. The median sale price equals about 15 years of HUD Fair Market Rent, a ratio down 2.8% from a year earlier. Active listings ask a median $200 per square foot, up 0.2% from a year earlier.
In seven of the 12 ZIP codes in the table below, median list prices are lower than a year earlier; five are higher.
Headline
Oct 15, 2026
7.29%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,708/mo
$73K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Tallahassee compares to other U.S. metros
| Price cuts | ↓348th of 385 |
|---|---|
| Asking-vs-sale gap | ↑104th of 292 (top 36%) |
| Home-price growth | ↓240th of 383 |
| Price-to-rent | 212th of 373 |
| Days on market | 179th of 385 (top 47%) |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 15 -2.8% YoY 212th of 373 |
|---|---|
| Asking price / sq ft | $200 +0.2% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 26% +1.4 pts YoY ↓348th of 385 |
|---|
The median asking price $337K runs about 8% above the median sale price $312K.
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. Asking is the median list price of active listings (Realtor.com, this month); sale is the headline median of recent closings (Redfin, a rolling 3-month median) — distinct sources and windows, so the gap is a directional read, not a like-for-like difference. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 12 shown of 23 |
|---|---|
| MLS board of record | — |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
amber · 3.9ppRedfin (metro) +1.1% | FHFA HPI · Q2 2026 +5.0% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
More markets in FL
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Try it freeZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 32301 | $215K↓ | 109↑ | 34↑ | 34↑ | 73↑ | $209K |
| 32303 | $245K↓ | 194↑ | 62↑ | 64↑ | 50↓ | $237K↑ |
| 32304 | $184K↑ | 97↑ | 28↑ | 14↑ | 71↑ | $167K↓ |
| 32305 | $259K↓ | 44↑ | 20 | 16↑ | 58↑ | $196K↑ |
| 32308 | $449K↑ | 77↓ | 22↓ | 18↓ | 52↑ | $337K↑ |
| 32309 | $457K↑ | 94↑ | 20↑ | 34↑ | 59↑ | $395K↑ |
| 32310 | $229K↓ | 53↑ | 8↑ | 18↑ | 62↓ | $181K↑ |
| 32311 | $423K↑ | 87↑ | 36↑ | 14↓ | 62↑ | $327K↑ |
| 32312 | $497K↑ | 135↓ | 42↓ | 44↑ | 50↑ | $450K↑ |
| 32317 | $400K↓ | 78↑ | 12↑ | 16↑ | 69↓ | $408K↑ |
| 32327 | $330K↓ | 167↓ | 60↑ | 36↓ | 48↑ | $290K↑ |
| 32346 | $577K↓ | 59↑ | 8↓ | 12↓ | 94↓ | $425K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.