How much is a home in 32312 worth?

The typical home value in 32312 is $454,613, up 0.8% over the past year.

How long does it take to sell a home in 32312?

Homes in 32312 spend a median of 51 days on market, based on data as of 2026-08-01.

How competitive is the market in 32312?

There are 138 homes for sale with 40 new listings, and 13.3% of listings have had a price cut. That suggests buyers have room to negotiate.

Market Intelligence · FL / Tallahassee

Tallahassee, FL 32312 Housing Market

The typical home value in Tallahassee's 32312 ZIP code is $454,613, up 0.8% over the past year. The median list price sits at $499,900, and homes are taking a median of 51 days on market to sell.

Updated August 2026Median value$455K

The median home value in Tallahassee, FL 32312 is $455K as of August 2026, up 0.8% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 32312 range

$418K to $491K

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

+0.8% over 12 months

Aug 2025$451K

Low $451KHigh $455K

Aug 2026$455K

The numbers

What is the 32312 housing market like?

As of August 2026

Typical home value

$455K

0.8%YoY

Median list price

$500K

2.1%MoM

Days on market

8.5%MoM

Homes for sale

138

8.0%MoM

Price cuts

13.3%

35.7%MoM

New listings

31.0%MoM

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

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The comparison

How do 32312 home prices compare?

32312$454,613
Tallahassee$284,266
Florida$345,153
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Tallahassee: 10 ZIPs; Florida: 923 ZIPs; United States: 26,265 ZIPs).

Context

There are 138 homes for sale in 32312 as of 2026-08-01, with 40 new listings entering the market. The median list price of $499,900 stands above the typical home value of $454,613, and sellers should expect a median of 51 days on market. Price cuts have reached 13.3% of listings, a sign that some asking prices are outrunning what buyers will pay. Values are up only 0.8% over the past year, so this is a slow-growth market rather than a hot one. For a seller, realistic pricing matters more than optimism here.

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