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All market snapshots / 32309

Tallahassee, FL 32309 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Tallahassee, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.20
ActiveActive listings: 4141PendingPending sales: 88
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): $515k$515kSoldMedian sold price (last 6 months): $404k$404k
What homes actually sell for in Tallahassee, FL
Distribution of 261 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $320k to $530k
$206k to $293k: 33 sales$206k$293k to $379k: 64 sales64sales$379k to $466k: 53 sales$379k$466k to $552k: 41 sales$552k to $639k: 21 sales$552k$639k to $726k: 10 sales$726k to $812k: 9 sales$726k$812k to $899k: 3 salesMedian $404k

What the numbers say

As of October 5, 2026, Resideline is tracking 41 active listings and 8 pending sales in ZIP code 32309. That pending-to-active ratio of 0.20 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $515,000, while the median of the 261 closed sales Resideline tracked over the last six months was $403,500. 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 32309 for 73 days.

Frequently asked questions

What is the median home price in 32309?

The median closed sale price in Tallahassee, FL 32309 was $403,500 over the last six months, based on 261 closed sales tracked by Resideline. The middle half of those sales ranged from $320,000 to $530,000.

Is 32309 a buyer's or seller's market?

Resideline is currently tracking 8 pending sales against 41 active listings in 32309, a pending-to-active ratio of 0.20. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 32309 currently looks like a balanced market.

Nearby ZIP code market data

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