Market Intelligence · FL / Tallahassee

Tallahassee, FL 32309 Housing Market

The typical home value in 32309 is $394,082, up 2.8% over the past year. The median list price stands at $457,250, with homes spending 59 days on market as of September 2026.

Updated September 2026Median value$394K

The median home value in Tallahassee, FL 32309 is $394K as of September 2026, up 2.8% 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 32309 range

$363K to $426K

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

+2.8% over 12 months

Sep 2025$383K

Low $383KHigh $394K

Sep 2026$394K

The numbers

What is the 32309 housing market like?

As of September 2026

Typical home value

$394K

2.8%YoY

Median list price

$457K

1.6%MoM

Days on market

28.3%MoM

Homes for sale

7.8%MoM

Price cuts

22.7%

61.6%MoM

New listings

44.4%MoM

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

The outlook

32309 housing market forecast 2027

+0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 32309 to stay roughly flat by September 2027 (up 0.1%).

Over the 12 months through September 2026, typical home values in 32309 rose 2.8%, per the Zillow Home Value Index.

Will home prices drop in 32309?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 32309 to stay roughly flat by September 2027 (up 0.1%), after a 2.8% rise 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 32309 home prices compare?

32309$394,082
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

The 32309 ZIP code in Tallahassee has 94 homes for sale and 20 new listings as of September 2026. The median days on market of 59 suggests a moderate pace of absorption. A notable sign of softness appears in the share of listings with a price cut at 22.7%, which indicates some sellers are adjusting expectations. The typical home value has grown modestly at 2.8% over the past year. For sellers, the price-cut rate signals a market where pricing strategy matters more than it has in recent periods.

Monthly payment

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Home price

Down payment20% · $78,816

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Common questions

What people ask us.

What is the typical home value in 32309?

The typical home value is $394,082, which has increased 2.8% over the past year.

How many homes are currently for sale in 32309?

There are 94 homes for sale as of September 2026, with 20 new listings.

How long do homes typically stay on the market in 32309?

The median days on market is 59 as of September 2026.

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Nearby ZIP markets.

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