Skip to content

32311 housing market

ZIP code · Tallahassee · Leon

The median sale price in ZIP code 32311 was $360K in May 2026, down 4.0% year over year, measured across homes that actually closed that month (Redfin). The three months through May 2026 averaged $337K, easing from $354K across the three months before that. That puts prices 11.2% below the strongest three-month stretch on record here, which ended in Sep 2025 at $380K. Zillow's home value index, which models the entire housing stock rather than only the homes that changed hands, reads $333K for Jun 2026, up 0.8% year over year.

Buyers had 101 homes to choose from in May 2026, down 8.2% year over year (Redfin). 100 homes came to market in May 2026, down 18.0% year over year, against 79 closings, down 21.8% year over year. Homes that sold in May 2026 took a median of 77.5 days to go under contract, 4 days slower than this market's usual May pace.

Sellers were asking a median of $426K in Jul 2026, up 10.0% 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 18.1% above the closing median. Competition is measurable in the closings themselves: 15% settled above asking, and the average sale landed at 98% of its final list price. 14% of listings carried a price cut in Jul 2026.

This page tracks 18 monthly housing series for ZIP code 32311 — 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.

Series explorer

32311 · no series · 0 charts

no series for this selection — add a geography above

Sources for 32311: Redfin · Realtor.com · Zillow ZHVI. Listing metrics and closed-sale metrics are never blended; every figure above names its source and vintage.