Market Intelligence · FL / Tallahassee

Tallahassee, FL 32311 Housing Market

The typical home value in Tallahassee, FL 32311 is $326,709, up 1.0% over the past year. The median list price stands at $422,850, with homes spending a median of 62 days on the market.

Updated September 2026Median value$327K

The median home value in Tallahassee, FL 32311 is $327K as of September 2026, up 1.0% 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 32311 range

$301K to $353K

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

+1.0% over 12 months

Sep 2025$323K

Low $323KHigh $327K

Sep 2026$327K

The numbers

What is the 32311 housing market like?

As of September 2026

Typical home value

$327K

1.0%YoY

Median list price

$423K

1.0%MoM

Days on market

24.0%MoM

Homes for sale

2.2%MoM

Price cuts

8.9%

38.3%MoM

New listings

12.5%MoM

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

The outlook

32311 housing market forecast 2027

+0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 32311 to stay roughly flat by September 2027 (up 0.1%).

Over the 12 months through September 2026, typical home values in 32311 rose 1.0%, per the Zillow Home Value Index.

Will home prices drop in 32311?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 32311 to stay roughly flat by September 2027 (up 0.1%), after a 1.0% 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 32311 home prices compare?

32311$326,709
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

There are 87 homes for sale in this ZIP, with 36 new listings added in September 2026. The median days on market of 62 suggests a measured pace, neither rushed nor stalled. Only 8.9% of listings have seen price cuts, which aligns with the area's modest year-over-year appreciation. For sellers, this means the market is steady but competitive. If you're considering a sale, expect to compete on condition and pricing rather than benefit from urgent buyer pressure.

Monthly payment

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Home price

Down payment20% · $65,342

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Common questions

What people ask us.

What is the typical home value in Tallahassee, FL 32311?

The typical home value is $326,709, up 1.0% over the past year.

How long do homes typically stay on the market in this ZIP?

The median days on market is 62 days as of September 2026.

What is the median list price in Tallahassee, FL 32311?

The median list price is $422,850 as of September 2026.

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