Single-family Foreclosures in Tallahassee, FL 32310

Current Market Conditions in Tallahassee, FL

Tallahassee's real estate market is currently experiencing a steady increase in demand, with home prices rising moderately due to a combination of factors including low inventory and high interest from buyers. The city's appeal as a capital and university town contributes to its consistent growth trajectory.

The rental market is also competitive, driven by the needs of students attending Florida State University and Florida A&M University, as well as young professionals. This has led to a surge in new housing developments aimed at accommodating the increasing population.

Rent Prices In Tallahassee, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Tallahassee, FL, is on a rollercoaster ride. The average rent price in Tallahassee, FL, is $1,459.00. Indeed, when looking to rent in Tallahassee, FL, you can expect to pay as little as $530.00 or as much as $6,800.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Tallahassee, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.