Home Values

Tallahassee 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

$151,800

  • 2.6% 1-year change
  • 1.2% 1-year forecast

The median home value in Tallahassee is $151,800. Tallahassee home values have gone up 2.6% over the past year and Zillow predicts they will rise 1.2% within the next year. The median list price per square foot in Tallahassee is $105, which is higher than the Tallahassee Metro average of $102. The median price of homes currently listed in Tallahassee is $160,000 while the median price of homes that sold is $178,900. The median rent price in Tallahassee is $850, which is the same as the Tallahassee Metro median of $850.

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 Tallahassee is 8.0%, which is higher than the national value of 6.9%. 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 Tallahassee homeowners underwater on their mortgage is 24.6%, which is lower than Tallahassee Metro at 24.9%.

Read more
Relative ZHVI
- +

Tallahassee Market Overview

Data through Oct 31, 2014
  • $151,800 ZHVI
  • 1.2% 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
    (Oct 31, 2015)
  • $160,000 Median listing price
  • $178,900 Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Tallahassee Market Health

Data through Oct 31, 2014
  • 0.6/10 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.
  • No data Average days on Zillow
  • 24.6% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 8.0% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI
Panacea $229,000
Crawfordville $133,100
Havana $123,100
Name Median ZHVI
Sopchoppy $116,300
Midway $105,400
Quincy $70,700
Name Median ZHVI
Chattahoochee $52,100
 
 

Listings & Sales

Data through Oct 31, 2014
  • $105 Median list price / sq ft
  • $112 Median sale price / sq ft
  • 37.2% Listings with price cut
40.1%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Tallahassee Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,199 Tallahassee
    $1,181 Tallahassee Metro
    $1,337 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)
  • $850 Rent list price
  • $0.78 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading