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Capitol Cascades Centerville Farms Cottages of Miccosukee Hills Eastgate Eastwood Eastwood Office Plaza Evening Rose Village Center Gramercy Place Lafayette Park Metropolitan Miccosukee Hills North Tallahassee Northeast Tallahassee Saint Peter Springwood The Hermitage Velda Oaks Plantation West Minster Oaks Woodgate

TALLAHASSEE, FL 32308

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 32308

Capitol Cascades · Centerville Farms · Cottages of Miccosukee Hills · Eastgate · Eastwood · Eastwood Office Plaza · Evening Rose Village Center · Gramercy Place · Lafayette Park · Metropolitan · Miccosukee Hills · North Tallahassee · Northeast Tallahassee · Saint Peter · Springwood · The Hermitage · Velda Oaks Plantation · West Minster Oaks · Woodgate

Market Analysis

Data as of March 2026. Source: Realtor.com.

The TALLAHASSEE, FL real estate market (32308) currently shows 119 active listings, with 47 pending sales. Homes are averaging 35 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are selling faster, averaging 35 days on market compared to 44 days last year.

The median listing price has risen 1.7% year-over-year, from $397,684 to $404,500.

Whether you are buying or selling in TALLAHASSEE, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 23,125  ·  Density: 564.9/mi²  ·  Median household income: $72,383

Typical home value: $282,409  ·  Homeownership: 52.3%

Market Overview

Active Listings
119
⇧ 3.5% vs 115 last year
Pending
47
39% pending ratio
Median Price
$404,500
⇧ 1.7% vs $397,684 last year
Average Price
$430,754
⇩ 4.3% vs $450,195 last year
Days on Market
35
⇩ 20.5% vs 44 days last year

Price Per Square Foot

Median $/sqft
$223
⇧ 0.9% vs $221/sqft last year
Median Home Size
1,811 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 119 this year vs 115 last year
  • Days on market: 35 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $404,500 (+1.7% YoY)
  • Average: $430,754 (-4.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 31.2 miles — 1,025 listings ($442,049,936 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32308Tallahassee, FL 323080.0 mi101$45,249,515$422,000$448,015
32317Tallahassee, FL 323176.3 mi68$31,309,308$455,725$460,431
32303Tallahassee, FL 323037.8 mi247$76,441,313$274,950$309,479
32312Tallahassee, FL 323128.8 mi177$115,662,243$489,000$653,459
32305Tallahassee, FL 3230510.4 mi53$15,932,648$250,000$300,616
32343Midway, FL 3234315.3 mi16$5,044,256$322,000$315,266
32344Monticello, FL 3234418.0 mi59$28,932,951$449,900$490,389
32327Crawfordville, FL 3232720.7 mi244$95,216,608$344,450$390,232
39828Cairo, GA 3982822.1 mi49$24,887,394$361,850$507,906
39815Attapulgus, GA 3981524.4 mi2$730,000$365,000$365,000
32336Lamont, FL 3233625.9 mi4$1,352,600$409,175$338,150
32332Gretna, FL 3233228.1 mi1$37,900$37,900$37,900
39834Climax, GA 3983431.2 mi4$1,253,200$159,999$313,300

Frequently Asked Questions

How many homes are for sale in TALLAHASSEE, FL 32308?

As of March 2026, there are 119 active listings in TALLAHASSEE, FL (zip code 32308), compared to 115 the prior year.

What is the median home price in TALLAHASSEE, FL 32308?

The median listing price in TALLAHASSEE, FL 32308 is $404,500 as of March 2026, a 1.7% increase from $397,684 the prior year.

How long do homes stay on the market in TALLAHASSEE, FL?

Homes in TALLAHASSEE, FL 32308 spend an average of 35 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in TALLAHASSEE, FL 32308?

Based on current inventory and days-on-market data as of March 2026, TALLAHASSEE, FL 32308 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 35 days on market compared to 44 days last year.

How much can I save on real estate commission in TALLAHASSEE, FL?

With SELL123.com's maximum 3% commission, sellers in TALLAHASSEE, FL 32308 save an estimated $8,090 compared to a typical 5% commission on the median listing price of $404,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.