The Bull Run neighborhood in Tallahassee is still a new construction market, where 65% of homes sold there this year have just been built. This is very contrary to most of the rest of the Tallahassee housing market, where new home growth is almost non-existent. Currently, when we look at the homes for sale in Bull Run, only 5 of the 21 listed homes were built prior to 2011, which means existing home sellers are very few and far between right now.
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Of course, this is not a big surprise. This popular Northeast Tallahassee neighborhood only began to sell homes in 2005, and the majority of homeowners in Bull Run have only lived in their homes for less than five years, meaning that they have not yet reached the time frame in which most homeowners typically move (historically, 5 to 7 years for this demographic).
Nevertheless, home values are on the decline in Bull Run, just as they are everywhere else in Tallahassee. While sales remain relatively steady, homebuyers are getting new construction homes at prices which are 16% below what buyers paid just a few years ago. This is attracting a small, but steady growth of new people into Bull Run.
Bull Run Home Prices
The average price of a home sold in Bull Run this year has been just under $290,000, down from $299,000 in 2010 and $292,000 in 2009. This is very little price fluctuation and at face value is rare in a market that has been seeing significant declines in average home prices over the past few years.
Bull Run Home Values
Home values have been on a steady decline in Bull Run, just as they have everywhere else in the Tallahassee real estate market. But the rate of decline (down 20% since the peak) is far better than any other neighborhood in Tallahassee that we have analyzed.
Home Sales In Bull Run
We we separate new home sales from existing home sales, we find that existing home sales have depreciated at 25%, which is consistent with similar home types in the Northeast Tallahassee housing market. It is the bulk of new home sales that has created the appearance of slower depreciation in Bull Run.
Home Sizes In Bull Run
Unlike the rest of the Tallahassee housing market, where we are seeing larger home sizes while prices drop, Bull Run is seeing smaller home sizes while prices drop. This is a sign that homebuyers are willing to pay a premium for new construction in this popular Northeast neighborhood right now, and hopefully when the sell cycle hits in Bull Run, they will be able to weather the storm until all the resales wash through the market.
Homeowners in Bull Run can expect to see a continued stream of new homes being built in order to liquidate the abundance of developed lots. As prices and values continue to decline, this means that land values will be (and currently are) falling fast. It will take many years to work through the available lots, so homeowners will face stiff competition against new home sales for many more years to come.
If you own a home in Bull Run and want to explore your options, just drop me a note and we can meet and review your current value and opportunities you might not yet have considered.
Homes For Sale In Bull Run
The following map shows each of the homes for sale in Bull Run. Simply click on any marker and the full details of the home will be revealed.
Homes Sold In Bull Run
The following is a list of all Bull Run home sales in the Tallahassee MLS:Home Sales in Bull Run
| Address | Price | Price / SQF | Closing Date | Year Built | SQF | Sale Type |
|---|---|---|---|---|---|---|
| 2616 Manassas Way | $389,000 | $219 | 2026-08-21 | 2013 | 1,773 | Resale |
| 5625 Ringold Ln | $445,500 | $219 | 2026-07-20 | 2011 | 2,030 | Resale |
| 5705 Groveton Ct | $635,000 | $249 | 2026-07-15 | 2016 | 2,555 | Resale |
| 5637 Ringold Ln | $425,000 | $232 | 2026-06-23 | 2012 | 1,828 | Resale |
| 2617 Antietam Trl | $640,000 | $262 | 2026-06-18 | 2013 | 2,439 | Resale |
| 2530 Manassas Way | $365,000 | $215 | 2026-06-16 | 2010 | 1,701 | Resale |
| 2575 Ulysses Rd | $580,000 | $221 | 2026-06-02 | 2007 | 2,627 | Resale |
| 5716 Sumter Hill Ln | $565,000 | $238 | 2026-05-27 | 2015 | 2,375 | Resale |
| 2581 Ulysses Rd | $525,000 | $248 | 2026-05-27 | 2012 | 2,114 | Resale |
| 2676 Breton Ridge Dr | $610,000 | $251 | 2026-05-13 | 2018 | 2,431 | Resale |
| 2605 Antietam Trl | $685,000 | $204 | 2026-05-01 | 2006 | 3,350 | Resale |
| 5620 Tecumseh Dr | $440,000 | $194 | 2026-04-30 | 2006 | 2,270 | Resale |
| 2545 Carthage Ln | $575,000 | $225 | 2026-04-27 | 2009 | 2,553 | Resale |
| 5867 Dahlgren Trl | $532,000 | $243 | 2026-04-17 | 2014 | 2,188 | Resale |
| 2664 Breton Ridge Dr | $558,000 | $248 | 2026-04-07 | 2012 | 2,248 | Resale |
| 2503 Ulysses Rd | $749,000 | $288 | 2026-03-31 | 2025 | 2,602 | New |
| 2603 Opequon Bnd | $502,500 | $241 | 2026-01-09 | 2009 | 2,087 | Resale |
| 2596 Manassas Way | $443,000 | $237 | 2025-12-12 | 2013 | 1,873 | Resale |
| 2541 Lagrange Trl | $486,000 | $210 | 2025-11-06 | 2008 | 2,318 | Resale |
| 5731 Farnsworth Dr | $845,000 | $270 | 2025-10-27 | 2016 | 3,135 | Resale |
| 2642 Opequon Bnd | $515,000 | $249 | 2025-10-23 | 2013 | 2,067 | Resale |
| 2621 Farragut Way | $557,000 | $246 | 2025-10-14 | 2014 | 2,260 | Resale |
| 5672 Burnside Cir | $500,000 | $210 | 2025-10-09 | 2006 | 2,381 | Resale |
| 2510 Manassas Way | $465,000 | $244 | 2025-09-10 | 2009 | 1,904 | Resale |
| 2601 Ulysses Rd | $425,000 | $204 | 2025-09-02 | 2006 | 2,088 | Resale |
| 2542 Manassas Way | $450,000 | $238 | 2025-08-27 | 2009 | 1,891 | Resale |
| 2617 Manassas Way | $465,000 | $224 | 2025-08-26 | 2011 | 2,072 | Resale |
| 2501 Ulysses Rd | $819,900 | $288 | 2025-08-08 | 2025 | 2,842 | New |
| 2688 Breton Ridge Dr | $645,000 | $246 | 2025-07-02 | 2006 | 2,626 | Resale |
| 2624 Manassas Way | $478,000 | $225 | 2025-06-20 | 2013 | 2,121 | Resale |
| 2547 Bennits Mill Way | $535,000 | $225 | 2025-06-13 | 2009 | 2,376 | Resale |
| 2580 Ulysses Rd | $500,000 | $232 | 2025-06-04 | 2011 | 2,155 | Resale |
| 2645 Antietam Trl | $660,000 | $217 | 2025-05-29 | 2014 | 3,048 | Resale |
| 5801 Dahlgren Trl | $563,000 | $255 | 2025-03-31 | 2014 | 2,212 | Resale |
| 2565 Manassas Way | $435,000 | $235 | 2025-03-24 | 2008 | 1,848 | Resale |
| 5750 Farnsworth Dr | $709,900 | $269 | 2025-03-13 | 2014 | 2,637 | Resale |
| 5659 Tecumseh Dr | $460,000 | $203 | 2025-02-14 | 2006 | 2,270 | Resale |
| 5624 Tecumseh Dr | $500,000 | $211 | 2025-02-06 | 2006 | 2,373 | Resale |
| 2586 Ulysses Rd | $437,000 | $239 | 2025-02-05 | 2011 | 1,828 | Resale |
| 2548 Halleck Ln | $442,500 | $234 | 2024-12-18 | 2008 | 1,888 | Resale |
| 2607 Opequon Bnd | $460,000 | $244 | 2024-11-22 | 2012 | 1,882 | Resale |
| 2513 Ulysses Rd | $505,000 | $215 | 2024-11-15 | 2008 | 2,345 | Resale |
| 2594 Halleck Ln | $445,000 | $250 | 2024-11-12 | 2010 | 1,782 | Resale |
| 5663 Tecumseh Dr | $441,500 | $225 | 2024-09-12 | 2006 | 1,963 | Resale |
| 5718 Roanoke Trl | $515,000 | $219 | 2024-08-19 | 2005 | 2,348 | Resale |
| 2542 Bennits Mill Way | $520,000 | $243 | 2024-08-09 | 2011 | 2,138 | Resale |
| 5700 Sumter Hill Ln | $520,000 | $222 | 2024-08-08 | 2018 | 2,346 | Resale |
| 2607 Opequon Bnd | $450,000 | $239 | 2024-07-31 | 2012 | 1,882 | Resale |
| 2598 Farragut Way | $442,000 | $240 | 2024-07-16 | 2012 | 1,840 | Resale |
| 2622 Farragut Way | $450,000 | $239 | 2024-06-17 | 2013 | 1,882 | Resale |
| 2533 Lagrange Trl | $495,000 | $239 | 2024-05-10 | 2010 | 2,074 | Resale |
| 5809 Dahlgren Trl | $619,000 | $224 | 2024-05-02 | 2016 | 2,769 | Resale |
| 5640 Tecumseh Dr | $440,000 | $225 | 2024-04-30 | 2006 | 1,959 | Resale |
| 2605 Farragut Way | $430,000 | $253 | 2024-04-19 | 2011 | 1,701 | Resale |
| 2508 Carthage Ln | $508,400 | $229 | 2024-04-12 | 2013 | 2,218 | Resale |
| 2593 Ulysses Rd | $435,000 | $229 | 2024-04-04 | 2006 | 1,899 | Resale |
| 2626 Opequon Bnd | $505,000 | $246 | 2024-03-14 | 2013 | 2,055 | Resale |
| 2569 Ulysses Rd | $490,000 | $233 | 2024-02-26 | 2012 | 2,105 | Resale |
| 2526 Bennits Mill Way | $510,000 | $220 | 2024-01-22 | 2009 | 2,322 | Resale |
| 2515 Dahlgren Ct | $436,500 | $237 | 2023-12-29 | 2014 | 1,842 | Resale |
| 2549 Ulysses Rd | $441,000 | $235 | 2023-12-20 | 2013 | 1,874 | Resale |
| 2583 Ulysses Rd | $488,000 | $235 | 2023-11-06 | 2010 | 2,074 | Resale |
| 2567 Carthage Ln | $539,500 | $243 | 2023-11-03 | 2012 | 2,216 | Resale |
| 5655 Tecumseh Dr | $476,500 | $206 | 2023-10-31 | 2006 | 2,316 | Resale |
| 2575 Manassas Way | $486,000 | $230 | 2023-08-23 | 2008 | 2,117 | Resale |
| 5624 Tecumseh Dr | $465,000 | $196 | 2023-08-17 | 2006 | 2,373 | Resale |
| 2583 Halleck Ln | $453,000 | $225 | 2023-07-27 | 2012 | 2,017 | Resale |
| 2504 Ulysses Rd | $470,000 | $224 | 2023-06-30 | 2010 | 2,094 | Resale |
| 5774 Farnsworth Dr | $662,500 | $243 | 2023-06-23 | 2017 | 2,725 | Resale |
| 2612 Antietam Trl | $597,300 | $218 | 2023-05-30 | 2005 | 2,737 | Resale |
| 2688 Breton Ridge Dr | $610,000 | $232 | 2023-04-11 | 2006 | 2,626 | Resale |
| 5705 Groveton Ct | $597,000 | $234 | 2023-04-03 | 2016 | 2,555 | Resale |
| 2612 Manassas Way | $475,000 | $224 | 2023-03-31 | 2013 | 2,121 | Resale |
| 2594 Farragut Way | $460,000 | $228 | 2023-03-31 | 2012 | 2,017 | Resale |
| 5664 Burnside Cir | $489,900 | $232 | 2023-03-27 | 2007 | 2,113 | Resale |
| 5868 Dahlgren Trl | $500,000 | $218 | 2023-01-26 | 2015 | 2,289 | Resale |
| 2546 Manassas Way | $425,000 | $232 | 2023-01-10 | 2009 | 1,831 | Resale |
| 2574 Halleck Ln | $463,800 | $230 | 2022-11-28 | 2010 | 2,016 | Resale |
| 5833 Dahlgren Trail | $450,000 | $240 | 2022-11-28 | 2016 | 1,878 | Resale |
| 2500 Ulysses Rd | $560,000 | $215 | 2022-11-15 | 2015 | 2,605 | Resale |
| 5708 Sumter Hill Ln | $365,000 | $194 | 2022-10-28 | 2012 | 1,882 | Resale |
| 2533 Lagrange Trl | $460,000 | $222 | 2022-10-06 | 2010 | 2,074 | Resale |
| 2505 Spotsylvania Ct | $440,000 | $235 | 2022-10-03 | 2016 | 1,871 | Resale |
| 5654 Burnside Cir | $460,000 | $200 | 2022-09-21 | 2006 | 2,301 | Resale |
| 5659 Tecumseh Dr | $425,000 | $187 | 2022-08-31 | 2006 | 2,270 | Resale |
| 5655 Tecumseh Dr | $445,000 | $192 | 2022-08-08 | 2006 | 2,316 | Resale |
| 5721 Roanoke Trl | $639,900 | $252 | 2022-07-29 | 2006 | 2,535 | Resale |
| 2547 Bennits Mill Way | $495,500 | $209 | 2022-07-08 | 2009 | 2,376 | Resale |
| 2543 Halleck Ln | $447,000 | $246 | 2022-06-23 | 2008 | 1,814 | Resale |
| 5653 Burnside Cir | $515,000 | $244 | 2022-06-08 | 2006 | 2,113 | Resale |
| 2527 Dahlgren Ct | $615,000 | $226 | 2022-05-31 | 2015 | 2,720 | Resale |
| 5726 Roanoke Trl | $632,900 | $227 | 2022-05-26 | 2005 | 2,784 | Resale |
| 2586 Halleck Ln | $386,000 | $229 | 2022-05-10 | 2009 | 1,685 | Resale |
| 5686 Burnside Cir | $475,000 | $207 | 2022-04-29 | 2007 | 2,293 | Resale |
| 5641 Ringold Ln | $456,000 | $220 | 2022-04-27 | 2011 | 2,074 | Resale |
| 2545 Ulysses Rd | $445,500 | $232 | 2022-04-18 | 2013 | 1,923 | Resale |
| 2624 Manassas Way | $450,000 | $212 | 2022-04-15 | 2013 | 2,121 | Resale |
| 5698 Burnside Cir | $434,900 | $211 | 2022-03-21 | 2007 | 2,058 | Resale |
| 2628 Manassas Way | $449,500 | $239 | 2022-03-18 | 2013 | 1,882 | Resale |
| 2619 Opequon Bnd | $442,500 | $240 | 2022-03-16 | 2012 | 1,840 | Resale |
I hope you have gained valuable information regarding home sales in Bull Run, please don’t hesitate to drop me a note if you want to more information about selling a home or buying a home in Tallahassee.
