Tallahassee, Florida.
Typical home $291,188 (+1.5% in a year), asking rent $1,473 (+1.5%). Tallahassee, FL metro.
to buy the typical home at today's mortgage rate — +$758 (+98%) since Jan 2020.
- 1 year
- Up $4,220 +1%
- $286,968$291,188 since Sep 2025
- 5 years
- Up $43,266 +17%
- $247,922$291,188 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Tallahassee$1,528
- Florida$1,970
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 22 years.
Typical home values in Tallahassee, FL rose 1.5% over the past year — faster than the nation's +1.2%.
Asking rents in Tallahassee, FL rose 1.5% over the past year — slower than the nation's +2.7%.
Owning the typical home in Tallahassee runs $560/mo more than renting one. The gap peaked at $700 in Oct 2023.
That is $2,033 a month against $1,473 rent: a $1,528 mortgage payment, plus $193 property tax and $312 insurance & upkeep.
Owning vs renting — Tallahassee
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,033
- Renting$1,473
- Mortgage only$1,528
Property tax · $193/mo 0.79% of value a year — the ACS 2020-2024 median bill over the median home value for Leon County, FL
Insurance & upkeep · $312/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Tallahassee, Leon County, Florida
Tallahassee is a city of 196,169 people in Leon County. Half its households earn more than $57,409 a year and half less, against $66,287 across Leon County; 24% of its people live below the poverty line. 41% of its homes are lived in by their owners and 59% are rented. Unemployment in Tallahassee was 5.2% in August 2026, and Leon County had 1.0% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Tallahassee is the capital of Florida and the largest city in Leon County, with a population far younger than most American cities because of its large student community. Incomes here run below the county's, and more households are in poverty than is typical, while homes are mostly rented rather than owned. A large share of adults hold a four-year degree, and most people get to work in a short drive.
Work. Schools, hospitals and social care employ more residents than any other field, followed by professional and business services, government, and restaurants, hotels and entertainment. Among the largest workplaces in Tallahassee are Florida State University, Tallahassee Memorial Hospital and Leon Schools. Unemployment is a little higher than it was a year ago, though Leon County has added a small number of jobs over the past year.
Things to do. In or beside town, Tom Brown Park is a garden-style green space, and Anhaica is an archaeological site. A short drive away, Alfred B. Maclay Gardens State Park is a botanical garden, and Doak Campbell Stadium is the well-known football stadium. Winters are mild and short, summers are hot, and the year brings plenty of rain.
Report a mistake
- 85,311households
- 51%of adults have a degree
- 24%below the poverty line
- 19 mintypical commute
- 13%work from home
What residents work in
Employed residents by industry, from the Census survey. Leon County had 165,372 jobs in 2025, 1.0% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 64° and lows near 40°; warmest in July, with highs near 92° and lows near 73°. About 59 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Tallahassee weather station, 6 miles away (NOAA).
Largest employers in Tallahassee
- State of Florida26,831
- Florida State University16,207
- Tallahassee Memorial Hospital5,696
- Leon County School Board4,300
- City of Tallahassee4,000
- Amazon2,256
- Leon County1,957
- Florida A&M University1,794
From the City of Tallahassee’s annual financial report for 2025, its schedule of principal employers (its source: “Data from employers or Website”), as Florida’s Auditor General publishes it: the report. Employees as the report counts them.
Natural hazards
- HurricanesRelatively high
- Cold wavesRelatively high
- TornadoesRelatively high
- Strong windRelatively moderate
- Heat wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Tallahassee’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Leon County and the Tallahassee, FL metro.
Tallahassee home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Tallahassee$291,188
- Florida$375,361
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 4 Tallahassee listings, and the typical home goes pending in 36 days — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Tallahassee28.51%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Tallahassee36
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Tallahassee1,174
New listings per month
Sellers arriving at the market.
- Tallahassee288
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Tallahassee$302,395
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Tallahassee97.72%
Zip codes with a Tallahassee address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Tallahassee — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Tallahassee
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 32304 | Tallahassee | 51,673 | $1,334 | $167,002 |
| 32303 | Tallahassee | 49,785 | $1,489 | $237,612 |
| 32309 | Tallahassee | 33,544 | $1,475 | $394,082 |
| 32312 | Tallahassee | 32,216 | $2,393 | $449,487 |
| 32301 | Tallahassee | 32,017 | $1,382 | $209,274 |
| 32308 | Tallahassee | 24,406 | $1,544 | $336,946 |
| 32311 | Tallahassee | 21,905 | $1,688 | $326,709 |
| 32305 | Tallahassee | 19,384 | $1,318 | $196,085 |
| 32310 | Tallahassee | 14,888 | $1,241 | $181,636 |
| 32317 | Tallahassee | 14,654 | $2,448 | $406,691 |