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TALLAHASSEE, FL 32311

Real Estate Market Report  ·  Leon County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
88
⇧ 12.8% vs 78 last year
Pending
22
25% pending ratio
Median Price
$389,000
⇧ 2.4% vs $379,950 last year
Average Price
$503,838
⇧ 5.2% vs $478,984 last year
Days on Market
58
⇧ 20.8% vs 48 days last year

Market Context

Population: 20,442  ·  Density: 139.7/mi²  ·  Median household income: $82,392

Typical home value: $268,787  ·  Homeownership: 63.8%

Market Analysis

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

The TALLAHASSEE, FL real estate market (32311) currently shows 88 active listings, with 22 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 58 days on market compared to 48 days last year.

The median listing price has risen 2.4% year-over-year, from $379,950 to $389,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 88 this year vs 78 last year
  • Days on market: 58 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $389,000 (+2.4% YoY)
  • Average: $503,838 (+5.2% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 32.4 miles — 630 listings ($335,972,747 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32311Tallahassee, FL 323110.0 mi88$44,337,744$389,000$503,838
32317Tallahassee, FL 323175.9 mi68$30,270,880$445,000$445,160
32305Tallahassee, FL 323057.4 mi52$14,960,764$242,450$287,707
32309Tallahassee, FL 3230912.8 mi119$70,683,263$489,900$593,977
32312Tallahassee, FL 3231215.0 mi159$100,728,885$445,750$633,515
32355Saint Marks, FL 3235515.9 mi2$378,000$189,000$189,000
32343Midway, FL 3234319.3 mi14$4,141,200$299,500$295,800
32336Lamont, FL 3233620.4 mi5$1,711,665$425,000$342,333
39829Calvary, GA 3982925.1 mi1$150,000$150,000$150,000
39828Cairo, GA 3982827.9 mi46$22,273,660$329,000$484,210
32358Sopchoppy, FL 3235830.6 mi18$8,295,300$371,500$460,850
32346Panacea, FL 3234631.6 mi51$34,988,805$549,000$686,055
32331Greenville, FL 3233132.4 mi7$3,052,581$317,000$436,083

Frequently Asked Questions

How many homes are for sale in TALLAHASSEE, FL 32311?

As of January 2026, there are 88 active listings in TALLAHASSEE, FL (zip code 32311), compared to 78 the prior year.

What is the median home price in TALLAHASSEE, FL 32311?

The median listing price in TALLAHASSEE, FL 32311 is $389,000 as of January 2026, a 2.4% increase from $379,950 the prior year.

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

Homes in TALLAHASSEE, FL 32311 spend an average of 58 days on the market before going under contract, compared to 48 days the prior year.

Is it a seller's or buyer's market in TALLAHASSEE, FL 32311?

Based on current inventory and days-on-market data as of January 2026, TALLAHASSEE, FL 32311 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 58 days on market compared to 48 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 32311 save an estimated $7,780 compared to a typical 5% commission on the median listing price of $389,000. 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.