Multi-family Foreclosures in Tallahassee, FL 32305

Current Market Conditions in Tallahassee, FL

The Tallahassee real estate market is currently experiencing moderate growth, with an increase in home values driven by high demand from buyers interested in the area's educational and governmental offerings. This has resulted in a competitive market, particularly for family homes and properties near universities.

Recent trends show an uptick in listings, which suggests that homeowners are becoming more optimistic about selling after a period of low inventory. The average home price has seen a steady increase over the past year, reflecting the city's appeal as a desirable location.

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.