The story of this market
The typical home in ZIP 32305 sells for about $220,000, or $146 per square foot.
Prices are roughly flat from a year ago (+0.5%), a market in balance. Homes take about 60 days to sell. HUD's fair market rent for a two-bedroom is $998 a month.
ZIP 32305 — Tallahassee
The 32305 housing market remains an affordable pocket within the Tallahassee metro area, with median prices significantly lower than the city-wide average. While inventory is moderate, the market shows stability with consistent demand from local workers and students. Current conditions are driven by a balance of supply and affordability, making it a notable value-oriented segment of the Leon County market.
This ZIP is well-suited for budget-conscious buyers, investors seeking higher cap rates, and those working at nearby universities or state government offices.
Median prices moved up 0.5% year over year.
Homes spend a median of 60 days on market with 4.7 months of supply — a balanced-paced market.
22% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.7% · poverty 21.0% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 32305, Leon County FL
Crime rates in the 32305 area are generally higher than the Tallahassee city average, with property crime being the primary concern reported in local safety assessments.
Schools serving the 32305 area generally receive lower performance ratings compared to the broader Leon County school district, reflecting ongoing challenges in educational outcomes.
The area is subject to standard Florida wind and storm risks; flood risk varies significantly by specific parcel location, particularly near low-lying areas and water bodies.
Economic momentum is driven by proximity to state government offices and Florida A&M University, though the ZIP itself remains largely residential with limited large-scale commercial development.
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.
Residents typically have a short to moderate drive to downtown Tallahassee and the university districts, with primary access via South Monroe Street and local arterial roads.
The area features access to several local parks and proximity to the St. Marks National Wildlife Refuge, offering significant outdoor and trail-based recreation opportunities.
The rental market is characterized by steady demand from students and university-affiliated workers, with a gross yield of approximately 8.1%.
The economy is anchored by the state government, Florida A&M University, and related service-sector industries that support the Tallahassee metro area.
The area is served by StarMetro bus routes, though personal vehicle ownership remains the primary mode of transportation for most residents.
Development is focused on infill projects and infrastructure improvements along the South Monroe corridor.
The Leon County Property Appraiser assesses properties at fair market value, with annual adjustments based on sales data and property characteristics.
Parcels are subject to Leon County School District taxes and municipal service taxing units for specific local infrastructure.
Property insurance premiums in this region are influenced by statewide trends in hurricane risk and reinsurance costs.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- District 8504.111 mi
- Urban Air Trampoline and Adventure Park4.67.7 mi
- Fun Station4.110.1 mi
- Chuck E. Cheese4.110 mi
- Secrets Escape Rooms - Tallahassee57.6 mi
- Doak S. Campbell Stadium4.77.2 mi
- Donald L. Tucker Civic Center4.47.1 mi
- Harry's Seafood Bar & Grille4.47.3 mi
- Tallahassee Automobile Museum4.813 mi
- Madison Social4.27.1 mi
- AMC Tallahassee 204.39.8 mi
- Florida State Capitol4.47.2 mi
- Cascades Park4.76.9 mi
- Tom Brown Park4.78.8 mi
- Alfred B. Maclay Gardens State Park4.812.6 mi
- St. Mark's Lighthouse4.819.2 mi
- Tallahassee Museum4.76.1 mi
- Tallahassee Automobile Museum4.813 mi
- Railroad Square Art District4.66.8 mi
- Goodwood Museum & Gardens4.78.7 mi
- Cascades Park4.76.9 mi
- Tom Brown Park4.78.8 mi
- Alfred B. Maclay Gardens State Park4.812.6 mi
- Edward Ball Wakulla Springs State Park4.87.6 mi
- Apalachee Regional Park4.710.1 mi
- Shell Island Fish Camp & RV Resort4.612.9 mi
- Shields Marina4.813.5 mi
- SouthWood Golf Club4.46 mi
- Hilaman Golf Course4.16.4 mi
- Seminole Legacy Golf Club4.56 mi
- Jake Gaither Golf Course4.14.9 mi
- Governor’s Square4.37.4 mi
- Publix Super Market at Lake Ella Plaza4.58.9 mi
- Publix Super Market at Ocala Corners4.47.9 mi
- Publix Super Market at Governors Crossing II4.57.9 mi
- T.J. Maxx4.211.9 mi
- Tallahassee International Airport4.25.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional attraction offering extensive trails and wildlife viewing.
A significant urban trail and park development connecting the area to downtown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.