The story of this market
The typical home in ZIP 32311 sells for about $333,000, or $196 per square foot.
Prices are up +4.3% from a year ago, so sellers still have some momentum. Homes take about 64 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,632 a month.
ZIP 32311 — Tallahassee
The 32311 housing market is showing steady growth with a median price of $333,000, supported by a stable local economy driven by government and university sectors. While inventory remains tight, the market is balanced, though investors should note the 8.4% vacancy rate. Overall, the area remains an attractive option for families and professionals.
This ZIP is well-suited for families and professionals seeking a balance between suburban living and proximity to Tallahassee's urban core. It attracts those looking for established neighborhoods with access to outdoor recreation.
Median prices moved up 4.3% year over year.
Homes spend a median of 64 days on market with 5.7 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.9% · poverty 7.4% — a stable, low-distress 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 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 32311, Leon County FL
Crime in the Tallahassee area is generally higher than the national average, with property crime being the most prevalent concern. Residents are encouraged to utilize local police department crime mapping for specific neighborhood-level trends.
The area is served by Leon County Schools, which maintains a mix of highly-rated magnet programs and standard public schools. Performance varies significantly by specific school zone within the district.
The region faces risks from tropical storms and hurricanes, necessitating robust wind insurance coverage. Flood risk is localized, primarily affecting properties near low-lying areas or water bodies.
Tallahassee's economy is anchored by state government, Florida State University, and Florida A&M University. Development momentum is focused on mixed-use projects and infrastructure improvements to support the growing student and professional population.
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.
Commutes from 32311 to the downtown Tallahassee employment core are generally efficient via major corridors like Apalachee Parkway. Public transit options are available but limited compared to private vehicle reliance.
The area features access to numerous parks, including Lafayette Heritage Trail Park and Piney Z Lake. Shopping and dining are concentrated along the Apalachee Parkway corridor.
The rental market shows an 8.4% vacancy rate, suggesting a need for careful investor diligence. Demand is influenced by the university population and government workforce.
The economy is driven by the state capital's government sector and the presence of two major universities. This provides a stable employment base with consistent demand for housing.
The area is served by a network of arterial roads connecting to the city center. Public transportation is provided by StarMetro.
Development is primarily focused on infill residential projects and commercial upgrades along existing transit corridors.
The Leon County Property Appraiser conducts annual assessments to determine the just value of properties for tax purposes.
Parcels are subject to Leon County school taxes and municipal service district fees.
Property insurance premiums in the region are influenced by Florida's statewide wind and hurricane risk profile.
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 8504.18.4 mi
- Urban Air Trampoline and Adventure Park4.67 mi
- Fun Station4.110.6 mi
- Chuck E. Cheese4.110.7 mi
- Secrets Escape Rooms - Tallahassee55.4 mi
- Doak S. Campbell Stadium4.79.4 mi
- Donald L. Tucker Civic Center4.48.5 mi
- Harry's Seafood Bar & Grille4.48.4 mi
- Tallahassee Automobile Museum4.87.7 mi
- Madison Social4.29 mi
- AMC Tallahassee 204.310.2 mi
- Florida State Capitol4.48.3 mi
- Cascades Park4.77.9 mi
- Tom Brown Park4.75.7 mi
- Alfred B. Maclay Gardens State Park4.810.8 mi
- Tallahassee Museum4.711 mi
- Tallahassee Automobile Museum4.87.7 mi
- Railroad Square Art District4.68.5 mi
- Goodwood Museum & Gardens4.77.9 mi
- Westcott Fountain4.98.8 mi
- Cascades Park4.77.9 mi
- Tom Brown Park4.75.7 mi
- Alfred B. Maclay Gardens State Park4.810.8 mi
- Edward Ball Wakulla Springs State Park4.812.8 mi
- Apalachee Regional Park4.73.2 mi
- Shell Island Fish Camp & RV Resort4.615.2 mi
- Shields Marina4.815.3 mi
- SouthWood Golf Club4.43.5 mi
- Hilaman Golf Course4.15.8 mi
- Seminole Legacy Golf Club4.59.6 mi
- Jake Gaither Golf Course4.18.1 mi
- Governor’s Square4.36.8 mi
- Publix Super Market at Lake Ella Plaza4.59.4 mi
- Publix Super Market at Ocala Corners4.410.4 mi
- Publix Super Market at Governors Crossing II4.56.8 mi
- Publix Super Market at Village Square4.610.4 mi
- Tallahassee International Airport4.210.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Extensive trail system for hiking and biking.
Popular for fishing and non-motorized boating.
Major commercial corridor serving the area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.