Tallahassee, FL Real Estate & Property Data

Tallahassee Real Estate Market Trends
Last Updated: April 27, 2024

To gain insights into Tallahassee, FL’s real estate market, it is crucial to have accurate and comprehensive real estate data. ATTOM updates Tallahassee real estate data on a daily basis, providing you with the most current information. As per the latest market trends, 4,251 residential properties have been sold in Tallahassee, FL over the past year, with a median home price of $286,250. Additionally, 41.8% of homes in Tallahassee are equity rich, while 0.76% of homes are seriously underwater. There have been 6 foreclosure filings in the area year-to-date. To obtain detailed information on properties in Tallahassee, Florida, you can rely on ATTOM, your go-to source for Tallahassee property reports and real estate data.

Tallahassee Real Estate Market Trends
Total Residential Properties 89,357
Total Commercial Properties 5,260
Avg. Home Age (Single Family Home) 41 Years
Avg. Square Feet (Single Family Home) 1,819
Total 2024 Residential Sales (year-to-date) 507
% of Homes Seriously Underwater (Q2 2024) 0.76%
Total 2023 Residential Sales 4,004
% of Equity Rich Homes (Q2 2024) 41.8%
Effective 2023 Property Tax 0.89%
Total Foreclosure Filings (year-to-date) 40
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Tallahassee, FL Real Estate Overview

Tallahassee, FL saw 4,251 residential properties being sold in the past year, with a median home value of $288,250. The city of Tallahassee has a total of 89,357 residential properties, spread across 5421 streets and 11 zip codes.

Median Sales Price i
$286,250
(Feb 2024)
-0.1%
year-over-year
y-o-y
  • February '24 Feb '24 $286,250
  • January '24 Jan '24 $310,000
  • December '23 Dec '23 $296,500
  • November '23 Nov '23 $300,000
  • October '23 Oct '23 $296,000
  • September '23 Sep '23 $312,000
  • August '23 Aug '23 $335,000
  • July '23 Jul '23 $316,500
  • June '23 Jun '23 $341,900
  • May '23 May '23 $320,500
  • April '23 Apr '23 $282,500
  • March '23 Mar '23 $300,000
Median Down Payment i
$33,190
(Feb 2024)
+16%
year-over-year
y-o-y
  • February '24 Feb '24 $33,190
  • January '24 Jan '24 $50,000
  • December '23 Dec '23 $50,625
  • November '23 Nov '23 $51,250
  • October '23 Oct '23 $47,228
  • September '23 Sep '23 $45,062
  • August '23 Aug '23 $41,403
  • July '23 Jul '23 $51,200
  • June '23 Jun '23 $53,000
  • May '23 May '23 $38,025
  • April '23 Apr '23 $35,312
  • March '23 Mar '23 $29,050
Number of Homes Sold i
253
(Feb 2024)
+3.3%
year-over-year
y-o-y
  • February '24 Feb '24 253
  • January '24 Jan '24 254
  • December '23 Dec '23 292
  • November '23 Nov '23 302
  • October '23 Oct '23 299
  • September '23 Sep '23 374
  • August '23 Aug '23 382
  • July '23 Jul '23 335
  • June '23 Jun '23 399
  • May '23 May '23 399
  • April '23 Apr '23 343
  • March '23 Mar '23 374
Number of Purchase Loans i
170
(Feb 2024)
+15.6%
year-over-year
y-o-y
  • February '24 Feb '24 170
  • January '24 Jan '24 160
  • December '23 Dec '23 220
  • November '23 Nov '23 204
  • October '23 Oct '23 182
  • September '23 Sep '23 217
  • August '23 Aug '23 248
  • July '23 Jul '23 223
  • June '23 Jun '23 273
  • May '23 May '23 292
  • April '23 Apr '23 206
  • March '23 Mar '23 249
Number of REFI Loans i
113
(Feb 2024)
+54.8%
year-over-year
y-o-y
  • February '24 Feb '24 113
  • January '24 Jan '24 111
  • December '23 Dec '23 126
  • November '23 Nov '23 89
  • October '23 Oct '23 116
  • September '23 Sep '23 128
  • August '23 Aug '23 102
  • July '23 Jul '23 128
  • June '23 Jun '23 124
  • May '23 May '23 90
  • April '23 Apr '23 115
  • March '23 Mar '23 105
Number of HELOC Loans i
46
(Feb 2024)
+9.5%
year-over-year
y-o-y
  • February '24 Feb '24 46
  • January '24 Jan '24 54
  • December '23 Dec '23 58
  • November '23 Nov '23 61
  • October '23 Oct '23 54
  • September '23 Sep '23 49
  • August '23 Aug '23 59
  • July '23 Jul '23 47
  • June '23 Jun '23 60
  • May '23 May '23 62
  • April '23 Apr '23 50
  • March '23 Mar '23 89

Tallahassee, FL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Tallahassee, FL Foreclosure Activity

There were a total of 6 Tallahassee, FL properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 3 Tallahassee, FL properties and repossessed 7 Tallahassee, FL properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
6
(Feb 2024)
-75%
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 34
  • December '23 Dec '23 28
  • November '23 Nov '23 51
  • October '23 Oct '23 33
  • September '23 Sep '23 16
  • August '23 Aug '23 44
  • July '23 Jul '23 19
  • June '23 Jun '23 31
  • May '23 May '23 66
  • April '23 Apr '23 8
  • March '23 Mar '23 27
Foreclosure Starts i
3
(Feb 2024)
-82.4%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 31
  • December '23 Dec '23 12
  • November '23 Nov '23 41
  • October '23 Oct '23 29
  • September '23 Sep '23 8
  • August '23 Aug '23 23
  • July '23 Jul '23 15
  • June '23 Jun '23 23
  • May '23 May '23 57
  • April '23 Apr '23 N/A
  • March '23 Mar '23 14
Completed Foreclosures (REOs) i
7
(Feb 2024)
+133.3%
year-over-year
y-o-y
  • February '24 Feb '24 7
  • January '24 Jan '24 4
  • December '23 Dec '23 1
  • November '23 Nov '23 2
  • October '23 Oct '23 4
  • September '23 Sep '23 2
  • August '23 Aug '23 2
  • July '23 Jul '23 1
  • June '23 Jun '23 4
  • May '23 May '23 3
  • April '23 Apr '23 2
  • March '23 Mar '23 4
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