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Betton Hills Bull Run El Destinado Hidden Pond Lucern at Woodlands Macon Metropolitan North Tallahassee Northeast Tallahassee Northwest Tallahassee The Hermitage Timberlane Park Centre Windsor Trace Woodgate Zion Hill

TALLAHASSEE, FL 32312

Real Estate Market Report  ·  Leon County
Balanced Market
June 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 32312

Betton Hills · Bull Run · El Destinado · Hidden Pond · Lucern at Woodlands · Macon · Metropolitan · North Tallahassee · Northeast Tallahassee · Northwest Tallahassee · The Hermitage · Timberlane Park Centre · Windsor Trace · Woodgate · Zion Hill

Market Analysis

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

The TALLAHASSEE, FL real estate market (32312) currently shows 236 active listings, with 80 pending sales. Homes are averaging 43 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are selling faster, averaging 43 days on market compared to 48 days last year.

The median listing price has fallen 1.4% year-over-year, from $522,475 to $514,925.

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: 32,244  ·  Density: 133.3/mi²  ·  Median household income: $113,131

Typical home value: $378,488  ·  Homeownership: 84.0%

Market Overview

Active Listings
236
⇧ 7.3% vs 220 last year
Pending
80
34% pending ratio
Median Price
$514,925
⇩ 1.4% vs $522,475 last year
Average Price
$622,181
⇧ 1.6% vs $612,573 last year
Days on Market
43
⇩ 10.4% vs 48 days last year

Price Per Square Foot

Median $/sqft
$222
⇩ 1.8% vs $226/sqft last year
Median Home Size
2,177 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 236 this year vs 220 last year
  • Days on market: 43 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $514,925 (-1.4% YoY)
  • Average: $622,181 (+1.6% 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 27.4 miles — 1,090 listings ($469,933,183 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32312Tallahassee, FL 323120.0 mi177$115,662,243$489,000$653,459
32308Tallahassee, FL 323088.8 mi101$45,249,515$422,000$448,015
32333Havana, FL 3233310.3 mi32$11,117,568$316,225$347,424
32317Tallahassee, FL 3231712.0 mi68$31,309,308$455,725$460,431
32304Tallahassee, FL 3230412.4 mi115$25,611,995$178,000$222,713
32311Tallahassee, FL 3231115.0 mi99$52,463,763$411,175$529,937
31792Thomasville, GA 3179216.4 mi148$54,692,364$307,450$369,543
32305Tallahassee, FL 3230518.8 mi53$15,932,648$250,000$300,616
32310Tallahassee, FL 3231021.3 mi64$19,825,856$241,750$309,779
32344Monticello, FL 3234422.0 mi59$28,932,951$449,900$490,389
39827Cairo, GA 3982723.9 mi11$5,848,821$399,900$531,711
39819Bainbridge, GA 3981927.0 mi79$26,892,311$303,650$340,409
31757Thomasville, GA 3175727.4 mi84$36,393,840$367,925$433,260

Frequently Asked Questions

How many homes are for sale in TALLAHASSEE, FL 32312?

As of June 2026, there are 236 active listings in TALLAHASSEE, FL (zip code 32312), compared to 220 the prior year.

What is the median home price in TALLAHASSEE, FL 32312?

The median listing price in TALLAHASSEE, FL 32312 is $514,925 as of June 2026, a 1.4% decrease from $522,475 the prior year.

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

Homes in TALLAHASSEE, FL 32312 spend an average of 43 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 32312?

Based on current inventory and days-on-market data as of June 2026, TALLAHASSEE, FL 32312 is currently a Balanced Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are selling faster, averaging 43 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 32312 save an estimated $10,299 compared to a typical 5% commission on the median listing price of $514,925. 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.