The story of this market
The typical home in ZIP 32317 sells for about $441,500, or $205 per square foot.
Prices are up +1.6% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,701 a month.
ZIP 32317 — Tallahassee
The 32317 housing market remains stable with steady appreciation and strong demand for single-family homes. While inventory is tight, the market is balanced by a high median income and a desirable suburban environment that continues to attract families. Current conditions reflect a resilient local economy supported by the state capital's stable employment base.
This ZIP is ideal for family buyers and established professionals seeking a suburban lifestyle with larger lot sizes and access to quality schools. It is less suited for those prioritizing high-density urban living or immediate walkability to entertainment hubs.
Median prices moved up 1.6% year over year.
Homes spend a median of 68 days on market with 4.2 months of supply — a balanced-paced market.
31% of listings have cut prices · homes sell at 98.2% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.9% · poverty 2.1% — 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 5.8%/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 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 32317, Leon County FL
Crime rates in the 32317 area are generally lower than the Tallahassee city average, reflecting its suburban and semi-rural character. Residents typically report a safe environment, though property crime remains a standard concern for the broader Leon County region.
Schools serving the 32317 area are part of the Leon County School District, which generally maintains a solid reputation for academic performance. Several highly-rated elementary and middle schools serve the families in this ZIP, contributing to its appeal for households with children.
The area is primarily inland and faces low direct risk from coastal storm surges, though it remains susceptible to high winds and heavy rainfall during hurricane season. Standard property insurance coverage is available, though premiums have trended upward in line with broader Florida market conditions.
Economic momentum is driven by the proximity to Tallahassee's government, education, and healthcare sectors. Development is characterized by steady residential expansion and limited commercial infill, maintaining the area's established suburban feel.
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.
Commuters in 32317 primarily rely on personal vehicles, with access to major corridors like I-10 and US-90 providing a direct route to downtown Tallahassee and the Capitol complex. Average commute times are moderate, typically ranging between 20 to 30 minutes depending on traffic.
The area offers access to numerous parks and green spaces, including proximity to the Miccosukee Greenway and various local trails. Shopping and dining options are concentrated along the major arterial roads, providing convenient access to daily necessities within a short drive.
The rental market in 32317 is characterized by stable demand from professionals and families, with limited inventory of multi-family units. Vacancy pressure remains low, and rent growth has tracked modestly with the broader Tallahassee market.
The economy is anchored by the state government, Florida State University, and Florida A&M University, which provide a stable employment base. The healthcare sector also serves as a major regional employer.
The area is served by a network of state and county roads, with I-10 acting as the primary east-west artery. Public transit options are limited compared to the urban core, making personal vehicle ownership essential.
Development is primarily focused on low-density residential infill and small-scale commercial projects along major thoroughfares. There are no major large-scale master-planned communities currently under construction in this ZIP.
Parcels are subject to Leon County property taxes and the Leon County School District levy. Some areas may fall within specific water management or fire protection districts.
Property insurance remains a critical consideration due to Florida's exposure to severe weather events. Premiums are generally stable but reflect the broader state-wide trend of rising costs for wind and flood coverage.
Data retrieved from data.census.gov ZCTA 32317 profile.
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 8504.16.8 mi
- Urban Air Trampoline and Adventure Park4.68.8 mi
- Fun Station4.110.9 mi
- Chuck E. Cheese4.111.1 mi
- Secrets Escape Rooms - Tallahassee57.6 mi
- Doak S. Campbell Stadium4.711.7 mi
- Donald L. Tucker Civic Center4.410.7 mi
- Harry's Seafood Bar & Grille4.410.5 mi
- Tallahassee Automobile Museum4.83.1 mi
- Madison Social4.211.4 mi
- AMC Tallahassee 204.310.5 mi
- Florida State Capitol4.410.5 mi
- Cascades Park4.710.3 mi
- Tom Brown Park4.76.6 mi
- Alfred B. Maclay Gardens State Park4.88.5 mi
- Tallahassee Museum4.714.5 mi
- Tallahassee Automobile Museum4.83.1 mi
- Railroad Square Art District4.611.1 mi
- Goodwood Museum & Gardens4.78.8 mi
- Westcott Fountain4.911 mi
- Cascades Park4.710.3 mi
- Tom Brown Park4.76.6 mi
- Alfred B. Maclay Gardens State Park4.88.5 mi
- Apalachee Regional Park4.74.6 mi
- Lafayette Heritage Trail Park4.85.4 mi
- The Golf Club at Summerbrooke4.111.1 mi
- SouthWood Golf Club4.48.4 mi
- Hilaman Golf Course4.19 mi
- Seminole Legacy Golf Club4.512.9 mi
- Jake Gaither Golf Course4.112.1 mi
- Governor’s Square4.38.9 mi
- Publix Super Market at Lake Ella Plaza4.510.3 mi
- Publix Super Market at Ocala Corners4.412.5 mi
- Publix Super Market at Village Square4.68.3 mi
- T.J. Maxx4.28.4 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 popular for hiking, biking, and equestrian use.
Large public green space offering diverse natural habitats and recreational trails.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.