Housing distress & ownership in ZIP 32059

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress

4.17%

1 of 24 listings · auction 1

Months of supply

22.2

buyer’s market · active inventory ÷ sales pace (trailing 12 mo)

Out-of-state owners

13.8%

mailing address outside FL

Non-homestead

77.4%

not owner-occupied (investor/2nd-home proxy)

Median just value

$51,886

3,746 parcels

Median owner tenure

1 yrs

years since the home last sold (county tax roll)

Owners at 2× their price

4.8%

today’s just value is at least double the last sale price

Distress share trend — 4.17% now (2026-08-10 → 2026-08-14)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing information provided by the Tallahassee Board of REALTORS® MLS. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.