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All market snapshots / 32304

Tallahassee, FL 32304 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Tallahassee, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.04
ActiveActive listings: 5555PendingPending sales: 22
Tallahassee, FL: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $199k$199kSoldMedian sold price (last 6 months): $188k$188k
What homes actually sell for in Tallahassee, FL
Distribution of 187 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $130k to $245k
$58k to $108k: 22 sales$58k$108k to $158k: 28 sales$158k to $208k: 61 sales61sales$158k$208k to $258k: 27 sales$258k to $308k: 19 sales$258k$308k to $358k: 8 sales$358k to $408k: 3 sales$358k$408k to $458k: 1 salesMedian $188k

What the numbers say

As of October 26, 2026, Resideline is tracking 55 active listings and 2 pending sales in ZIP code 32304. That pending-to-active ratio of 0.04 makes it a slower-moving market: listings are going under contract more slowly than in most ZIP codes Resideline tracks, which usually gives buyers more room to negotiate.

The median asking price of current listings is $199,000, while the median of the 187 closed sales Resideline tracked over the last six months was $187,700. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 32304 for 108 days.

Frequently asked questions

What is the median home price in 32304?

The median closed sale price in Tallahassee, FL 32304 was $187,700 over the last six months, based on 187 closed sales tracked by Resideline. The middle half of those sales ranged from $130,000 to $245,000.

Is 32304 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 55 active listings in 32304, a pending-to-active ratio of 0.04. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 32304 is currently a slower-moving market.

Nearby ZIP code market data

Full Tallahassee, FL housing market report →

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