Is Tallahassee, FL 32304 a buyer’s or seller’s market?
Tallahassee is a balanced market. With about 5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Competition score17/ 100
More competitive than 11% of U.S. ZIP codes, and #455 of 796 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply5Under 4 months = seller’s market
Sold above original list9.5%Share of sales, last 3 months
Median sale-to-list96%Sold price ÷ list price
Median days on market63Listing to accepted offer
Median price per sq ft$148▼ −6.0% vs. last year
Run the numbers for 32304
Nearby markets
Tallahassee 32301Balanced $188 /sq ftTallahassee 32303Seller’s market $178 /sq ftTallahassee 32305Buyer’s market $144 /sq ftTallahassee 32306 $180 /sq ft Browse all markets →Local agents
See all agents in 32304 →No sponsored agents in 32304 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 32304
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology