Home Values

Leon County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$153,100

  • 2.6% 1-year change
  • 1.1% 1-year forecast

The median home value in Leon County is $153,100. Leon County home values have gone up 2.6% over the past year and Zillow predicts they will rise 1.1% within the next year. The median list price per square foot in Leon County is $103, which is higher than the Tallahassee Metro average of $100. The median price of homes currently listed in Leon County is $155,000 while the median price of homes that sold is $175,950. The median rent price in Leon County is $875, which is the same as the Tallahassee Metro median of $875.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Leon County is 6.9%, which is higher than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Leon County homeowners underwater on their mortgage is 23.5%, which is lower than Tallahassee Metro at 26.2%.

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Relative ZHVI
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Leon County Market Overview

Data through Nov 30, 2014
  • $153,100 ZHVI
  • 1.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $155,000 Median listing price
  • $175,950 Median sale price
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Leon County Market Health

Data through Nov 30, 2014
  • 0.2/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • 113 Average days on Zillow (Oct 31, 2014)
  • 23.5% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 6.9% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Cities in Leon County

Name Median ZHVI
Tallahassee $153,100
 
 

Listings & Sales

Data through Nov 30, 2014
  • $103 Median list price / sq ft
  • $112 Median sale price / sq ft
  • No data Listings with price cut
37.5%
Sold below listing
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Leon County Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,215 Leon County
    $1,183 Tallahassee Metro
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $875 Rent list price
  • $0.78 Rent list price / sq ft
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