Indian Head Acres And Lehigh Listings And Home Sales Report July 2016
If you are looking for a place to live that is in downtown Tallahassee, consider the hot neighborhoods of Indian Head Acres and Lehigh as places you might want to look.
Located just east of Magnolia on the south side of Apalachee Parkway, you will be within walking distance to shopping, nightlife, Starbucks and the new Cascades Park Amphitheater too.
Homes in these two neighborhoods began construction as far back as the 1940s, so this is one part of town where you really have to get out and see what state of upgrades and improvement a house has undergone before you make a valuation.
Both Indian Head Acres and Lehigh offer great opportunities for remodeling a house to your specific needs and wants.
Indian Head Acres and Lehigh are zoned for the following Leon County schools:
The following report includes graphs of average home prices, home values, and home sizes in Indian Head Acres and Lehigh, as well as all current listings in the Tallahassee MLS and all closed home sales in Indian Head Acres and Lehigh going back to 1991.
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, and through the third week of July in 2016. 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 Indian Head Acres and Lehigh).
Indian Head Acres and Lehigh Home Prices
Average home prices in Indian Head Acres and Lehigh 35% lower than they were at the peak of the market in 2007, meaning there are some great values that still remain. Many other Tallahassee neighborhoods have recovered faster, so expect these homes to start moving up in both price and value.
Home sales activity for Indian Head Acres and Lehigh is on record setting pace and if it continues, it will be the best year on record for more twenty six years. Home prices are low enough that it very well could happen. Currently, there are 8 homes for sale in Indian Head Acres and Lehigh and two are already under contract.
Indian Head Acres and Lehigh Home Values
Average home values in Indian Head Acres are down slightly from the average posted in 2015.
The average value of a home sold in Indian Head Acres has been $94 per square foot, which is up 3% from our most recent report several months ago. This means that average home values are 24% lower than those at the market peak 2007, and up only 15% since the bottom in 2012. These great neighborhoods are trailing the market in the housing recovery and thus look like some of the best bargains in town.
Keep Up With New Trends In Tallahassee!
Get The Tallahassee Real Estate Newsletter
Don't be the one that doesn't know what's going on when you sell a home or buy a home in Tallahassee.
Other buyers, sellers, lenders, and real estate agents have this critical information, and now you can too!
Get immediate access to our most recent newsletter.
Let nearly 30 years of experience work for you with charts, graphs, and analysis
of the Tallahassee housing market.
Indian Head Acres and Lehigh Home Sizes
The average home size sold in Indian Head Acres typically falls in a range of 1,300 to over 1,500 square feet, and this year is no different.
The 28 home sales in 2016 have averaged 1,390 square feet.
Homes For Sale In Indian Head Acres and Lehigh
The following map and list of homes are the most recent listings in Indian Head Acres & Lehigh. We update this list of homes every 15 minutes, so you can be assured that this page will always bring you the most up-to-date listings and sales that can be found for Indian Head Acres & Lehigh (bookmark this page if this is a neighborhood that you want to track).
Indian Head Acres Idx
Indian Head Acres and Lehigh Home Sales
The following list contains more than 900 home sales in Indian Head Acres and Lehigh going back to 1991.
I hope you enjoyed our July 2016 update on home sales in Indian Head Acres and Lehigh, please feel free to drop me a note if you have questions not covered in this report.