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Is Tallahassee, FL 32311 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Tallahassee is a buyer’s market. With about 6.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score26/ 100

More competitive than 21% of U.S. ZIP codes, and #248 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 supply6.2Under 4 months = seller’s market
Sold above original list13.6%Share of sales, last 3 months
Median sale-to-list97.9%Sold price ÷ list price
Median days on market59Listing to accepted offer
Median price per sq ft$207▼ −4.6% vs. last year

Run the numbers for 32311

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Nearby markets

Tallahassee 32301Balanced $188 /sq ftTallahassee 32303Seller’s market $178 /sq ftTallahassee 32304Balanced $148 /sq ftTallahassee 32305Buyer’s market $144 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology