The Tallahassee housing market is somewhat competitive. The median sale price of a home in Tallahassee was $291K last month, up 20.7% since last year. The median sale price per square foot in Tallahassee is $192, up 4.3% since last year.
What is the housing market like in Tallahassee today?
In April 2024, Tallahassee home prices were up 20.7% compared to last year, selling for a median price of $291K. On average, homes in Tallahassee sell after 54 days on the market compared to 44 days last year. There were 221 homes sold in April this year, up from 208 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$290,500
+20.7% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Tallahassee, FL
$290,500
+20.7%
United States
To compare other locations to the Tallahassee and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Tallahassee's median sale price is 34% lower than the national average. Overall cost of living in Tallahassee is 7% lower than the national average. Learn which home features in Tallahassee add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Tallahassee housing market?
Tallahassee is somewhat competitive. Homes sell in 53 days.
0
100
48
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 53 days.
Hot homes
can sell for around list price and go pending in around 32 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Tallahassee
Explore recent offers and recently sold homes in Tallahassee
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Tallahassee housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Tallahassee.
Risk Factor
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Tallahassee has a minor risk of flooding. 4,310 properties in Tallahassee are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Tallahassee. Flood risk is increasing slower than the national average.
52% of properties are at risk of wildfire over the next 30 years
Fire Factor
Tallahassee has a moderate risk of wildfire. There are 31,964 properties in Tallahassee that have some risk of being affected by wildfire over the next 30 years. This represents 52% of all properties in Tallahassee.
99% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Tallahassee has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Tallahassee is most at risk from hurricanes. 61,298 properties in Tallahassee have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 151 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 159 mph.