Housing in 32304 Tallahassee, FL is much more affordable than the US average. The median value of a house in this area is $144,100, which is significantly lower than the US median value of $338,100. However, this area has seen much higher appreciation in recent years than the national average. In fact, the one-year house appreciation rate in 32304 Tallahassee, FL was 12.33%, compared to the US one-year house appreciation rate of 8.27%. This is an indication that there are great investment opportunities in 32304 Tallahassee, FL for those looking to purchase property at an affordable price and benefit from increasing home values over time.
The median home cost in Tallahassee (zip 32304) is $144,100. Home appreciation the last 10 years has been 93.9%. Home Appreciation in Tallahassee (zip 32304) is up 16.1%.
Average Age of Homes
- The median age of Tallahassee (zip 32304) real estate is 29 years old
The Rental Market in Tallahassee (zip 32304)
- Renters make up 71.7% of the Tallahassee (zip 32304) population
- 3.3% of houses and apartments in Tallahassee (zip 32304), 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.