Is Tallahassee, FL 32314 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Tallahassee is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply16Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market57Listing to accepted offer
Median price per sq ft$185

The Tallahassee housing market right now

In the three months ending August 31, 2026, 0% of homes in Tallahassee, FL 32314 sold above their list price, the typical home went under contract in 57 days and there were 16 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

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Questions about Tallahassee real estate

Is Tallahassee a buyer’s or seller’s market?

A buyer’s market: there were 16 months of supply in Tallahassee, FL 32314 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Tallahassee?

The typical home went under contract in 57 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 100.0% of the list price.

What is the median home price in Tallahassee?

The median sale price was $189,818 in the three months ending August 31, 2026, about $185 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology