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Tallahassee housing market: home prices, trends and forecast

Tallahassee home prices: the Zillow Home Value Index put a typical home in Tallahassee, Florida at $291,188 in September 2026, −0.6% below its May 2024 peak of $292,827 and +1.5% on a year earlier.

Value of a typical home
$291,188
September 2026, Zillow ZHVI
Change over 12 months
+1.5%. Compared with September 2025.
Change over 10 years
+65.4%. Compared with September 2016.
Value multiple since 2000
×2.5. Measured from $117,959.
Days on the market
60
Realtor.com, Tallahassee, FL metro.

Tallahassee home prices since 2000

Tallahassee is the steel line; the United States is the grey line. Between January 2000 and now, a typical home in Tallahassee rose from $117,959 to $291,188, or ×2.47, compared with ×2.99 for the US over those months. July 2007 brought the boom high of $221,945; the low followed in October 2012 at $150,658, −32.1%.

$100k$150k$200k$250k$300k$350k$400k200020052010201520202025Jan 2000 · $117,959$366,157$291,188Sep 2026TallahasseeUnited States$100k$150k$200k$250k$300k$350k$400k200020102020Jan 2000 · $118k$366k$291kSep 2026
Typical home values from the Zillow Home Value Index, smoothed and seasonally adjusted. Zillow Research data
January 2000 · $117,959

Tallahassee median home price by year

The figure for each year averages the twelve monthly values; for 2026, only the latest month is shown.

YearTallahasseeChange on the yearUnited States
2000$119,240$125,745
2001$124,475+4.4%$134,899
2002$132,709+6.6%$144,276
2003$145,760+9.8%$155,308
2004$164,305+12.7%$169,891
2005$189,067+15.1%$189,732
2006$215,153+13.8%$206,531
2007$219,478+2.0%$208,449
2008$203,275−7.4%$195,574
2009$183,738−9.6%$177,542
2010$175,090−4.7%$171,462
2011$159,746−8.8%$162,508
2012$151,692−5.0%$161,137
2013$154,916+2.1%$171,420
2014$160,678+3.7%$182,996
2015$165,882+3.2%$192,738
2016$174,865+5.4%$204,509
2017$183,500+4.9%$216,767
2018$192,691+5.0%$230,541
2019$202,930+5.3%$242,088
2020$217,201+7.0%$257,151
2021$240,161+10.6%$295,959
2022$268,556+11.8%$340,014
2023$280,896+4.6%$348,160
2024$290,802+3.5%$359,751
2025$288,387−0.8%$362,959
September 2026$291,188+1.5%$366,157

What a Tallahassee home bought in a given year is worth today

Not an appraisal, just an index-based estimate of a typical home.

Each year averages twelve monthly index values; the current value is September 2026. Other options: home appreciation calculator.

Thinking about selling? Local agents can be compared on Realtor.com. Advertising disclosure: links like this one may bring the site a payment; no number changes because of it. Disclosure.

Tallahassee housing market forecast

In the Tallahassee, FL metro, Zillow's forecast is +0.2% over the 12 months beginning September 2026, and 0% across the next three months. Based on Tallahassee's typical value of $291,188, the forecast points to about $291,800 after one year.

Zillow's central forecast for the metro appears here, although the site itself offers no prediction. For a 12-month forecast of this kind, the change that actually happened has typically been missed by several percentage points, higher or lower. This is not investment advice.

Every metro forecast, gathered in a single table: housing market forecast.

Tallahassee housing market crash risk score

41 of 100, a high score

Against the 292 cities, Tallahassee is ranked by the score based on five conditions that ran high before earlier price falls. Every input gets a place from 0 to 100 compared with the other cities, and those five places are averaged, each with equal weight. It shows conditions as they stand today and makes no prediction of a crash.

InputValueSub-scoreWeight
Active listings vs 2019−22.6%1820%
Days on the market vs 2019+5.3%4920%
Price-to-rent ratio16.54020%
Price-to-income ratio5.25920%
12-month price change+1.5%4020%

Nothing here is investment advice. How each input is scored: the methodology. Rankings for all 292 cities: crash risk by city.

Tallahassee inventory and days on market

In September 2026 the Tallahassee, FL metro listed 1,384 homes for sale, up 5.9% from a year earlier but down 22.6% from the same month in 2019. Listings had a median time of 60 days to sell, 5.3% above 2019, and 16.1% received a price cut.

Tallahassee, FL metro, September 2026ValueOn a year
Active listings1,384+5.9%
New listings470
Median days on market60+3.5%
Median list price$337,000−0.6%
Share with a price cut16.1%

Metro inventory from Realtor.com® Economic Research. Realtor.com data. All metros: days on market by city.

Tallahassee rent and living costs

According to the Zillow Observed Rent Index, Tallahassee's typical asking rent is $1,473 a month, up 1.5% from a year earlier. The typical home's cost equals 16.5 years of that rent. Median household income: $56,511 (Census ACS 2024), and the typical home is worth 5.2 times what a household earns in a year BEA's figures place metro prices at 93.9, compared with a US average of 100; housing costs stand at 78.5.

Other Florida housing markets

Statewide: Florida housing market.

How to read this chart

The Zillow Home Value Index for Tallahassee provides the value shown by each point. It covers a typical home in the market's middle third, uses smoothing and seasonal adjustments, and states the value in that month's dollars. The hollow dot picks out the month on the slider; the terracotta dot picks out the latest month. These figures are not adjusted for inflation. An index follows the typical home, not any one house. Use the card above or the home appreciation calculator to work out what a single home is worth based on its own sale price.