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TALLAHASSEE, FL 32312

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

Market Overview

Active Listings
159
⇧ 14.4% vs 139 last year
Pending
39
25% pending ratio
Median Price
$445,750
⇩ 1.8% vs $453,950 last year
Average Price
$633,515
⇧ 16.4% vs $544,218 last year
Days on Market
74
⇧ 19.4% vs 62 days last year

Market Context

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

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

Market Analysis

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

The TALLAHASSEE, FL real estate market (32312) currently shows 159 active listings, with 39 pending sales. Homes are averaging 74 days on the market before going under contract.

Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 74 days on market compared to 62 days last year.

The median listing price has fallen 1.8% year-over-year, from $453,950 to $445,750.

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: 159 this year vs 139 last year
  • Days on market: 74 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $445,750 (-1.8% YoY)
  • Average: $633,515 (+16.4% 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 27.4 miles — 1,023 listings ($421,993,616 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32312Tallahassee, FL 323120.0 mi159$100,728,885$445,750$633,515
32308Tallahassee, FL 323088.8 mi97$40,371,788$398,000$416,204
32333Havana, FL 3233310.3 mi31$11,734,337$345,000$378,527
32317Tallahassee, FL 3231712.0 mi68$30,270,880$445,000$445,160
32304Tallahassee, FL 3230412.4 mi106$24,725,560$184,900$233,260
32311Tallahassee, FL 3231115.0 mi88$44,337,744$389,000$503,838
31792Thomasville, GA 3179216.4 mi139$51,866,182$299,950$373,138
32305Tallahassee, FL 3230518.8 mi52$14,960,764$242,450$287,707
32310Tallahassee, FL 3231021.3 mi61$17,430,872$240,000$285,752
32344Monticello, FL 3234422.0 mi50$21,307,300$385,000$426,146
39827Cairo, GA 3982723.9 mi12$4,347,492$389,900$362,291
39819Bainbridge, GA 3981927.0 mi79$25,755,975$299,900$326,025
31757Thomasville, GA 3175727.4 mi81$34,155,837$359,000$421,677

Frequently Asked Questions

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

As of January 2026, there are 159 active listings in TALLAHASSEE, FL (zip code 32312), compared to 139 the prior year.

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

The median listing price in TALLAHASSEE, FL 32312 is $445,750 as of January 2026, a 1.8% decrease from $453,950 the prior year.

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

Homes in TALLAHASSEE, FL 32312 spend an average of 74 days on the market before going under contract, compared to 62 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 January 2026, TALLAHASSEE, FL 32312 is currently a Buyer's Market. Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 74 days on market compared to 62 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 $8,915 compared to a typical 5% commission on the median listing price of $445,750. 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.