Housing in Tallahassee, Florida

The median home cost in Tallahassee is $172,400. Home appreciation the last 10 years has been -3.1%. It's a good time to buy in Tallahassee. Home Appreciation is up 6.1%. Browse Tallahassee Real Estate

Average Age of Homes

- The median age of Tallahassee real estate is 27 years old

The Rental Market in Tallahassee

- Renters make up 51.9% of the Tallahassee population
- 12.7% of houses and apartments in Tallahassee, are unoccupied (vacancy rate)
- See the available apartments and rentals in Tallahassee

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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.

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HOUSING	Tallahassee, Florida	United States
Median Home Age	27	37
Median Home Cost	$172,400	$216,200
Home Appr. Last 12 months	6.14%	6.77%
Home Appr. Last 5 yrs.	21.67%	31.12%
Home Appr. Last 10 yrs.	-3.12%	11.41%
Property Tax Rate	$10.43	$11.89
Homes Owned	35.45%	56.34%
Housing Vacant	12.66%	12.45%
Homes Rented	51.88%	31.21%
AVERAGE RENT FOR HOME OR APARTMENT
Studio Apartment	$660	$890
1 Bedroom Home or Apartment	$770	$990
2 Bedroom Home or Apartment	$1,050	$1,240
3 Bedroom Home or Apartment	$1,450	$1,660
4 Bedroom Home or Apartment	$1,680	$1,910
VACANT HOUSING
Vacant For Rent	4.65%	2.34%
Vacant Rented	1.47%	0.46%
Vacant For Sale	1.10%	1.20%
Vacant Sold	0.28%	0.46%
Vacant Vacation	0.61%	3.97%
Vacant Other	4.55%	4.02%
VALUE OF OWNER-OCCUPIED HOUSING
Less Than $20,000	2.52%	4.57%
$20,000 to $39,999	2.38%	3.37%
$40,000 to $59,999	2.71%	4.19%
$60,000 to $79,999	2.92%	5.74%
$80,000 to $99,999	7.21%	6.79%
$100,000 to $149,999	16.08%	15.19%
$150,000 to $199,999	26.15%	14.69%
$200,000 to $299,999	23.90%	18.15%
$300,000 to $399,999	10.84%	10.43%
$400,000 to $499,999	2.77%	5.70%
$500,000 to $749,999	1.98%	6.39%
$750,000 to $999,999	0.24%	2.41%
$1,000,000 or more	0.31%	2.39%