Is Tallahassee, FL 32306 a buyer’s or seller’s market?
Tallahassee is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Tallahassee housing market right now
In the three months ending August 31, 2026, 0% of homes in Tallahassee, FL 32306 sold above their list price and the typical home went under contract in 33 days. With only 1 sale, these figures can swing a lot from month to month.
Within Leon County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Tallahassee 32301 (23% sold over asking) and Tallahassee 32312 (18% sold over asking) are even more competitive.
Run the numbers for 32306
Nearby markets
Tallahassee 32301Balanced $188 /sq ftTallahassee 32303Seller’s market $178 /sq ftTallahassee 32304Balanced $148 /sq ftTallahassee 32305Buyer’s market $144 /sq ft Browse all markets →Where Tallahassee is
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Questions about Tallahassee real estate
How fast do homes sell in Tallahassee?
The typical home went under contract in 33 days in the latest three months.
Do homes in Tallahassee sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 89.2% of the list price.
What are property taxes in Tallahassee?
About 0.79% of a home’s value a year in Leon County, or roughly $3,160 on a $400,000 home.
What is the median home price in Tallahassee?
The median sale price was $829,641 in the three months ending August 31, 2026, about $180 per square foot.
Local agents
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More tools for 32306
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology