The story of this market
The typical home in ZIP 32303 sells for about $258,400, or $196 per square foot.
Prices are up +8.6% from a year ago, so sellers still have some momentum. Homes take about 50 days to sell. HUD's fair market rent for a two-bedroom is $1,367 a month.
ZIP 32303 — Tallahassee
The 32303 housing market is experiencing moderate activity with a median listing price of $258,400. Demand remains supported by the area's proximity to major universities and the capital's stable economic environment. While listing velocity is moderate, the market shows resilience with positive year-over-year price growth.
This ZIP is well-suited for university-affiliated commuters, families, and investors looking for proximity to Tallahassee's core employment and educational hubs.
Median prices moved up 8.6% year over year.
Homes spend a median of 50 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.9% · poverty 17.8% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 32303, Leon County FL
The area benefits from proximity to Florida State University and Florida A&M University, with ongoing demand driven by the capital city's stable employment base.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Florida) — Statewide Uniform Property Tax Lien Priority & Tax Deed Sale Enforcement: Unpaid real ad valorem and non-ad valorem taxes become a first-priority sovereign lien on January 1 of the tax year, superior to all mortgages and private liens. If unpaid by April 1 following the tax year, tax certificates are sold via competitive bidding under § 197.432. State (Florida) — Community Development District (CDD) Special Assessment & Financing Lien Mandate: Binds the parcel to non-ad valorem assessments levied directly by the CDD board to fund infrastructure bonds (capital assessments) and operations/maintenance (O&M assessments). State (Florida) — Florida Constitutional Homestead Exemption & Save Our Homes (SOH) Assessment Cap: Reduces taxable value by up to $50,000: base $25,000 exemption applies to all taxing authorities (including school districts); second $25,000 exemption applies to assessed value between $50,000 and $75,000 for non-school millage. State (Florida) — Florida Ad Valorem Real Property Assessment & Tax Mechanics: Parcels are assessed annually at 100% just value (market value) as of January 1 by county property appraisers. Tax formula: Tax Bill = (Taxable Value / 1,000) * Total Levied Millage Rate. Assessed Value = Just Value - Assessment Limitations.
The area offers convenient access to I-10 and is located approximately 10 to 15 minutes from the major university campuses in Tallahassee.
Residents have access to local shopping, restaurants, and various outdoor spaces within the Tallahassee metropolitan area.
The rental market shows stable demand with a median rent of $1,600 and year-over-year rent growth of 6.90%.
The economy is anchored by state government, higher education institutions, and a diverse mix of service and retail sectors.
The area is served by major highway corridors including I-10, facilitating regional connectivity.
Data retrieved from Census Reporter and United States Zip Codes.
- District 8504.18.5 mi
- Urban Air Trampoline and Adventure Park4.68.1 mi
- Fun Station4.14.6 mi
- Chuck E. Cheese4.14.5 mi
- Secrets Escape Rooms - Tallahassee59.8 mi
- Doak S. Campbell Stadium4.76.2 mi
- Donald L. Tucker Civic Center4.46.8 mi
- Harry's Seafood Bar & Grille4.46.8 mi
- Tallahassee Automobile Museum4.812.2 mi
- Madison Social4.26.5 mi
- AMC Tallahassee 204.35.1 mi
- Florida State Capitol4.47 mi
- Cascades Park4.77.4 mi
- Tom Brown Park4.79.9 mi
- Alfred B. Maclay Gardens State Park4.87 mi
- Tallahassee Museum4.77 mi
- Tallahassee Automobile Museum4.812.2 mi
- Railroad Square Art District4.66.9 mi
- Goodwood Museum & Gardens4.77.4 mi
- Westcott Fountain4.96.5 mi
- Cascades Park4.77.4 mi
- Tom Brown Park4.79.9 mi
- Alfred B. Maclay Gardens State Park4.87 mi
- Lafayette Heritage Trail Park4.811.4 mi
- Winthrop Park4.66.6 mi
- Ingram's Marina LLC4.516.6 mi
- The Golf Club at Summerbrooke4.17.7 mi
- SouthWood Golf Club4.411.8 mi
- Hilaman Golf Course4.19.4 mi
- Seminole Legacy Golf Club4.56.9 mi
- Jake Gaither Golf Course4.18.3 mi
- Governor’s Square4.38.3 mi
- Publix Super Market at Lake Ella Plaza4.55.8 mi
- Publix Super Market at Ocala Corners4.45.2 mi
- Publix Super Market at Village Square4.67 mi
- T.J. Maxx4.26.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major regional anchor and employment hub.
Major regional anchor and employment hub.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.