Florida Housing Data · ZIP Scorecard

Tallahassee, FL (32305) housing scorecard.

Home value, rent, cap rate, 5-year growth, price versus incomes and our 0 to 100 Momentum Market Score for ZIP 32305, free, from Zillow, Realtor.com and Census data.

Sources: Zillow, Realtor.com, U.S. Census, Freddie Mac/FRED. Score by Momentum Realty (methodology).
Updated 2026-06-09
76/ 100
Momentum Market Score
Strong buyer value
Tallahassee, FL (32305) is priced low against incomes with real negotiating room.

The typical home runs about 4.14 times the local median income, which is roughly 16.7% cheaper than the Florida norm. Gross rent yield is around 8.97%. Values are up roughly 3.7% a year over the last five years. Owning the typical home at today's rate takes about 25.0% of a median income, the affordability squeeze in one number. About 25.8% of listings have cut their price.

$197,253
Home value
1yr -1.9%
3.7%
5yr growth/yr
ZHVI CAGR
$1,475
Median rent
monthly (ZORI)
8.97%
Cap rate
gross yield
4.14x
Price to income
value vs incomes
-16.7%
Over/undervalued
vs FL norm
25.0%
Affordability
income to own/yr
52
Days on market
median (Realtor)
25.8%
Price cuts
share of listings
$47,694
Median income
household (Census)
19,682
Population
Census ACS
12
New listings
last month

Typical home value, last 13 months

What drives the score

Cheapness vs income81
Price-cut leverage48
Inventory growth83
Affordability81
Rent yield91

Each bar ranks this ZIP against every other Florida ZIP (0 = lowest, 100 = highest) on that input, then weighted into the score. Full methodology.

Common questions

Is Tallahassee, FL (32305) a buyer's or seller's market?

By the Momentum Market Score, Tallahassee, FL (32305) reads strong buyer value (76 out of 100), meaning it is priced low against incomes with real negotiating room. The score blends value versus incomes, price cuts, inventory growth, affordability and rent yield.

What is the typical home value in Tallahassee?

About $197,253 (Zillow Home Value Index, 2026-06-09), up roughly 3.7% a year over five years.

Where does this data come from?

Zillow Research (home value, rent), Realtor.com (days on market, listings), U.S. Census (income, population), Freddie Mac via FRED (rate). Score and derived metrics by Momentum Realty, methodology here.

Data: Zillow Research, Realtor.com, U.S. Census Bureau ACS, and Freddie Mac 30-Year Fixed Rate Mortgage Average [MORTGAGE30US] via FRED. Score by Momentum Realty.

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