What $500K Buys in Leon County, FL
A $500K budget buys a very different house depending on which Leon County city you point it at. This page compares every city with at least five active listings within 10% of $500K — size, age, bed and bath count, price per square foot, how much of the inventory is new construction and how long it has been sitting — from today’s live MLS actives, and lists the communities with the most homes at that price. It refreshes every night.
There are 127 homes for sale in Leon County, FL priced between $450,000 and $550,000 right now. At $500K, the typical home is 2,198 sq ft, built 2008, at $226/sq ft; 28% of them are new construction and the median has been on the market 35 days. The most house for the money is in Tallahassee (2,198 sq ft median); the least in Tallahassee (2,198 sq ft); the newest in Tallahassee (median build year 2008).
What $500K buys, city by city
| City | Homes for sale | Median sq ft | Beds / baths | Median year built | $ / sq ft | New construction | Median DOM |
|---|---|---|---|---|---|---|---|
| Tallahassee | 127 | 2,198 | 4 / 3 | 2008 | $226 | 28% | 35 |
By ZIP code: where $500K goes furthest
The same budget by ZIP — useful where one city covers most of the county.
| ZIP | Homes for sale | Median sq ft | Median year built | $ / sq ft | New construction |
|---|---|---|---|---|---|
| 32312 Tallahassee | 26 | 2,129 | 1996 | $225 | 19% |
| 32317 Tallahassee | 24 | 2,102 | 2025 | $238 | 54% |
| 32309 Tallahassee | 22 | 2,281 | 1993 | $213 | 23% |
| 32311 Tallahassee | 16 | 2,239 | 2026 | $222 | 38% |
| 32303 Tallahassee | 13 | 2,200 | 1978 | $250 | 8% |
| 32308 Tallahassee | 13 | 2,082 | 1984 | $242 | 23% |
| 32301 Tallahassee | 10 | 2,830 | 1978 | $171 | 0% |
Communities with the most homes near $500K
| Community | City | Homes for sale near $500K | Median sq ft | Median year built |
|---|---|---|---|---|
| Fallschase | Tallahassee | 13 | 2,149 | 2026 |
| Oxford Gates | Tallahassee | 3 | 1,926 | 2025 |
| Landon Hills | Tallahassee | 3 | 2,149 | 2026 |
| Betton Hill | Tallahassee | 3 | 2,002 | 1954 |
| Bull Run | Tallahassee | 2 | 2,081 | 2012 |
| Abilene Acres | Tallahassee | 2 | 2,400 | 2025 |
| Homestead Ridge unrecorded | Tallahassee | 2 | 1,926 | 2025 |
| ox bottom crest | Tallahassee | 2 | 1,864 | 2016 |
| valley green | Tallahassee | 1 | 3,040 | 2001 |
| melrose park leon | Tallahassee | 1 | 0 | 1940 |
| betton hills | Tallahassee | 1 | 1,685 | 1950 |
| victory terrace | Tallahassee | 1 | 0 | 2008 |
| los robles leon | Tallahassee | 1 | 1,854 | 1942 |
| farmview estates | Tallahassee | 1 | 2,684 | 1975 |
How to read this
Counts and medians are computed from active MLS listings priced within 10% of $500K ($450,000–$550,000) as of September 17, 2026; property mix at this price: Townhouse 4%. Cities with fewer than five listings in the band are folded out of the city table but still count in the county total. Prices are asking prices, not closings — see the county page for sale-to-list ratios. Source: live MLS feeds compiled by Momentum Research. Other budgets in Leon County: $300K, $400K, $750K. Back to homes for sale in Leon County, FL.