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Tallahassee, FL 32311 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Tallahassee, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.08
ActiveActive listings: 6565PendingPending sales: 55
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): $425k$425kSoldMedian sold price (last 6 months): $350k$350k
What homes actually sell for in Tallahassee, FL
Distribution of 181 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $230k to $469k
$102k to $175k: 12 sales$102k$175k to $248k: 33 sales33sales$248k to $321k: 31 sales$248k$321k to $394k: 18 sales$394k to $466k: 32 sales$394k$466k to $539k: 13 sales$539k to $612k: 14 sales$539k$612k to $685k: 9 salesMedian $350k

What the numbers say

As of September 14, 2026, Resideline is tracking 65 active listings and 5 pending sales in ZIP code 32311. That pending-to-active ratio of 0.08 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $424,900, while the median of the 181 closed sales Resideline tracked over the last six months was $350,000. 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 32311 for 59 days.

Frequently asked questions

What is the median home price in 32311?

The median closed sale price in Tallahassee, FL 32311 was $350,000 over the last six months, based on 181 closed sales tracked by Resideline. The middle half of those sales ranged from $230,000 to $469,000.

Is 32311 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 65 active listings in 32311, a pending-to-active ratio of 0.08. 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, 32311 currently looks like a balanced market.

Nearby ZIP code market data

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