Market Intelligence · FL / Tallahassee

Tallahassee, FL 32304 Housing Market

The typical home in Tallahassee's 32304 ZIP code is valued at $167,002, down 0.1% over the past year. The median list price stands at $183,600, with homes lingering on the market for a median of 71 days.

Updated September 2026Median value$167K

The median home value in Tallahassee, FL 32304 is $167K as of September 2026, down 0.1% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 32304 range

$154K to $180K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-0.1% over 12 months

Sep 2025$167K

Low $167KHigh $169K

Sep 2026$167K

The numbers

What is the 32304 housing market like?

As of September 2026

Typical home value

$167K

0.1%YoY

Median list price

$184K

3.3%MoM

Days on market

26.8%MoM

Homes for sale

14.2%MoM

Price cuts

9.7%

49.2%MoM

New listings

0.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

32304 housing market forecast 2027

+0.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 32304 to stay roughly flat by September 2027 (up 0.2%).

Over the 12 months through September 2026, typical home values in 32304 fell 0.1%, per the Zillow Home Value Index.

Will home prices drop in 32304?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 32304 to stay roughly flat by September 2027 (up 0.2%), after a 0.1% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 32304 home prices compare?

32304$167,002
Tallahassee$282,161
Florida$344,436
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Tallahassee: 10 ZIPs; Florida: 923 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 97 homes for sale in 32304, with 28 new listings added recently. The median list price of $183,600 sits notably above the typical home value of $167,002, suggesting many sellers are pricing optimistically. At 71 days on the market, homes are taking time to find buyers. The fact that 9.7% of listings have received price cuts indicates some sellers are adjusting to market realities. If you're considering selling, expect a measured pace and be prepared for the possibility that your initial price may need adjustment.

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Down payment20% · $33,400

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Common questions

What people ask us.

What is the typical home value in 32304?

The typical home value in 32304 is $167,002, which has declined 0.1% over the past year.

How many homes are currently for sale in 32304?

There are 97 homes for sale as of September 2026, with 28 new listings added recently.

How long do homes typically stay on the market in 32304?

The median days on market is 71 as of September 2026.

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