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32309 housing market

ZIP code · Tallahassee · Leon

The median sale price in ZIP code 32309 was $422K in May 2026, up 7.9% year over year, measured across homes that actually closed that month (Redfin). The three months through May 2026 averaged $410K, firming from $361K across the three months before that. That puts prices 1.7% below the strongest three-month stretch on record here, which ended in Sep 2025 at $417K. Zillow's home value index, which models the entire housing stock rather than only the homes that changed hands, reads $405K for Jun 2026, up 1.9% year over year.

Buyers had 120 homes to choose from in May 2026, down 25.0% year over year (Redfin). 155 homes came to market in May 2026, down 13.9% year over year, against 127 closings, up 17.6% year over year. Homes that sold in May 2026 took a median of 44 days to go under contract, 24 days faster than this market's usual May pace.

Sellers were asking a median of $472K in Jul 2026, up 1.8% year over year (Realtor.com). Asking prices and closing prices never describe the same homes, so the gap between them reads as seller expectation rather than a discount available to buyers: in May 2026 the list median ran 12.4% above the closing median. Competition is measurable in the closings themselves: 24% settled above asking, and the average sale landed at 99% of its final list price. 22% of listings carried a price cut in Jul 2026.

This page tracks 18 monthly housing series for ZIP code 32309 — median sale price, median list price, ZHVI home value, inventory (active), active listings, median days on market, and more — sourced from Realtor.com, Redfin, Zillow ZHVI, running from Aug 2016 through Jul 2026. Chart any of them below, switch between levels and year-over-year change, or add nearby Florida markets to compare side by side.

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Sources for 32309: Redfin · Realtor.com · Zillow ZHVI. Listing metrics and closed-sale metrics are never blended; every figure above names its source and vintage.