
Lehigh & Indian Head Acres is a recently-rediscovered gold mine for homebuyers seeking an in-town location, large homesites, and homes with “great bones.”
Situated across Apalachee Parkway from the Governor’s Square Mall, these two high-demand neighborhoods are enjoying appreciation rates that are double the market average.
Indian Head Acres & Lehigh Home Listings
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 a list of 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, but through the 25th of February in 2018. 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
Don’t be surprised by the huge jumps we’re seeing here in home prices. When you consider that these are single family detached brick homes, situated on lots greater than a third of an acre, downtown, the over-due recovery in home prices is really not surprising at all.
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Home sales activity for Indian Head Acres and Lehigh is strong. Currently, there are only 4 homes for sale in Indian Head Acres & Lehigh, and 2 are already under contract. The thirty nine home sales in 2017 had an average home price of $155,400, whereas the three this year have averaged $189,700.
Indian Head Acres and Lehigh Home Values
Average home values in Indian Head Acres rose nearly 13% in 2017, a magnificent rate of apprecation (as we forecast in previous reports on Indian Head Acres).
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The average value of a home sold in Indian Head Acres was $105 per square foot, but even this new level is not going to endure. We recently listed and sold this home with multiple offers where the seller received more than $133 per square foot. When you combine “location” with abundant lot sizes, good marketing will pull in buyers at much higher values.
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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, but sizes have been expanding as buyers are grabbing lower priced homes on large lots and renovating for value. Expect to see average sizes continue to grow here over the next few years.
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The 39 home sales in 2017 averaged 1,499 square feet.
Indian Head Acres and Lehigh Home Sales
The following table contains the most recent 1,000 home sales in Indian Head Acres and Lehigh.
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This concludes our March 2018 update on home sales in Lehigh and Indian Head Acres, please give us a call at (850) 366-8917 or drop us a note if you have questions about these wonderful in-town communities. If you think we cover more in-depth information about Tallahassee and its most popular neighborhoods than any other real estate website, please be sure to recommend us to your friends. It really does help!





