The Betton area in Midtown Tallahassee holds some of the highest demand homes in Tallahassee, offering larger than average homes in a prime location.
The “Betton Area” includes the subdivisions of Betton Hill, Betton Hills, Betton Estates, Betton Woods, Betton Place, Betton Oaks, and Betton Brook.
Betton Homes for Sale
Betton Neighborhood Schools
The Leon County Schools servicing the Betton neighborhoods include:
The following report includes analysis on average home prices, home values, and home size trends in Betton neighborhoods, and lists 1,000 previously closed Betton home sales.
For each of the three real estate graphs found in this report, you will find the number of closed home sales for each year (red columns, measured on the left vertical axis), and an important real estate statistic shown in blue (measured on the right vertical axis).
It is important to note that the narrative contained below is for sales through December for all previous years but through the middle of November in 2020. The graphs and the closed sales table will be continuously updated into the future (meaning bookmark this page if you always want to know the current status of homes in any of the Betton neighborhoods).
Home Prices In Betton Neighborhoods
The average price of a home sold in Betton in 2020 has soared to an all-time record high of $445K (22% higher than last year’s average price).
Average Home Prices
Average Home Prices
Activity in the Betton neighborhoods continues to be rock solid in 2020. There are more buyers than sellers for these popular midtown homes.
Currently, there are just twelve homes for sale in Betton and dix of them (50%) are already under contract with buyers.
Home Values In Betton Neighborhoods
The average home value in the Betton neighborhoods in 2020 is $161 per square foot, an increase of more than 1% thus far in 2020.
With other neighborhoods appreciating at rates closer to 9%, why are the Betton neighborhoods down at 1%? I’ll explain just below the value graph.
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So what is going on in this popular group of neighborhoods, are homes depreciating?
Absolutely not. Betton is such a prized location that we are seeing homes getting larger as people are buying and renovating older, smaller homes. As the larger homes have hit the market, we expect that (when all else is equal), larger homes sell at a lower price per square foot than do smaller homes, as the cost of the land is divided into more square feet.
Home Sizes In Betton Neighborhoods
The average home size sold in Betton historically falls in a range of 2,100 to 2,500 square feet, but there is a clear trend of these homes being enlarged.
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The 55 Betton homes sold in 2020 were measured at the considerably larger average size of 2,795 square feet, and recent years have been showing spikes of growth too.
Home Sales In Betton Neighborhoods
The following list shows the most recent 1,000 home sales in all Betton neighborhoods.
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