Tallahassee Metro Area, FL Housing

The housing market in the Tallahassee, FL Metro Area is thriving. The median value for a home in this area is $246,600, which is significantly lower than the US House median value of $338,100. Additionally, the 1 year house appreciation rate in the Tallahassee area is 15.22%, which is much higher than the US 1 year house appreciation rate of 8.27%. This data points to a strong and vibrant housing market in Tallahassee that shows no signs of slowing down anytime soon.

The median home cost in Tallahassee Metro Area is $246,600. Home appreciation the last 10 years has been 93.9%. Home Appreciation in Tallahassee Metro Area is up 16.1%.

Average Age of Homes

- The median age of Tallahassee Metro Area real estate is 29 years old

The Rental Market in Tallahassee Metro Area

- Renters make up 37.0% of the Tallahassee Metro Area population
- 2.3% of houses and apartments in Tallahassee Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Tallahassee, Florida	United States
	171,329.0	139,647,020.0
	34	42
	$246,600	$338,100
	16.1%	16.6%
	57.5%	57.0%
	93.9%	101.1%
	$8.57	$10.98
	$1,700	$2,690
	50.8%	57.4%
	12.4%	11.2%
	36.8%	31.4%
Vacant Housing
	2.3%	1.9%
	0.7%	0.4%
	0.6%	0.7%
	0.3%	0.4%
	2.3%	3.6%
	6.2%	4.1%
Value of Owner-Occupied Housing
	2.4%	2.6%
	3.4%	2.4%
	3.1%	2.8%
	5.4%	3.9%
	5.7%	4.5%
	13.9%	11.3%
	16.7%	13.0%
	23.2%	20.1%
	13.8%	13.6%
	5.8%	8.3%
	4.7%	9.7%
	1.0%	3.9%
	0.5%	2.2%
	0.1%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	17.9%	13.6%
	17.9%	13.6%
	21.4%	13.6%
	18.8%	13.2%
	16.7%	14.8%
	21.4%	13.6%
	6.8%	10.0%
	2.8%	4.7%
	1.8%	12.2%

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