Search Listings

Popular Zip Codes In Tallahassee

I have noticed that many people using our property search tool often use the zip codes in Tallahassee as a way to target their preferred location.

This is a quick way to reduce the thousands of properties down to a manageable amount, and we can also use these postal designations as a way to evaluate the different locations within the Tallahassee real estate market.

This report examines home sales, home values, home prices, and distressed home sales in the most popular Tallahassee zip codes.

Home Prices By Zip Code

The following real estate graph shows the number of homes sold in each zip code, as well as the average home sales price. Unit sales are shown as black bars and measured on the left vertical axis, while average home prices are shown in blue and measured on the right vertical axis.

Home Prices in Tallahassee Zip Codes

The 32312 zip code had the highest average sales price for the first half of 2014, which is no different than what we saw last year. Through June, there have been 276 homes sold at an average price of $271,126 in this popular NE Tallahassee neighborhood.

Home Values By Zip Code

This next graph shows the number of homes sold in each zip code, as well as the average home value. Unit sales are shown as black bars and measured on the left vertical axis, while average home values are shown in green and measured in price per square foot on the right vertical axis.

Home Values in Tallahassee Zip Codes

The top valued zip codes in Tallahassee are 32312, 32311, 32308 and 32309. They show home values worth $123 per square foot down to $113 per square foot, and all are in the eastern half of Leon County.

Home Sizes By Zip Codes In Tallahassee

This graph shows the number of homes sold in each zip code, as well as the average home size sold. Unit sales are shown as black bars and measured on the left vertical axis, while average home sizes are shown in red and measured in heated and cooled square feet (on the right vertical axis).

Home Sizes in Tallahassee Zip Codes

There are no big surprises when we look at home sizes in Tallahassee, as the big four zip codes (32308, 32309, 32311, and 32312) host the largest homes in town. It is interesting to note that 32303 and 32301 have a large number of home sales, but many of these are student rental properties, and that is why their size and value are much lower than what we find on the eastern side of town.

Distressed Home Sales By Zip Code

Our final graph shows the amount of distressed home sales in each zip code, measured as a percentage of all home sales.

Distressed Home Sales by Tallahassee Zip Codes

Currently, only the 32303 zip code is showing improvement over last year. The 32301 zip code is approaching 60% of all homes sold as either short sales, foreclosures, or bank owned properties. While this is holding values back, it is a necessary step in the housing market recovery. Distressed homes need to be sold so that equity sellers can become active in all Tallahassee zip code regions.

I hope you have a better feel for the most popular zip codes in Tallahassee. If you would like to know more about a certain Tallahassee zip code, just drop me a note and we will help you understand the real estate market in your desired area.

Post a Comment

Blog Navigation

Posts By Category

All Categories Advice: Real Estate (470) Blogging Real Estate (189) Distressed Property (31) Foreclosures (3) Glossary of Real Estate Terms (28) Government and Real Estate (29) Homes For Sale (100) Housing Market Conditions (1217) Housing Report (54) Lis Pendens (4) Main (1028) Mortgage / Finance (66) New Construction (1) Off Topic (80) Our Listings (3) Our Sales (7) Real Estate Market Snapshot (20) Real Estate Opinion (3) REALTOR News (11) Tallahassee (87) Tallahassee Neighborhoods (284) Uncategorized (50)

Posts By Month

Blog Roll

Homes For Sale In Killearn Lakes Plantation Homes For Sale In Killearn Estates Homes For Sale In Southwood Homes For Sale In Killearn Acres Homes For Sale In Summerbrooke Homes For Sale In Golden Eagle Plantation Homes For Sale In Piney Z Homes For Sale In Bull Run Homes For Sale In Betton Homes For Sale In The Ox Bottom Area

Tag Cloud

Grab Our RSS Feed
© Joe Manausa. All Rights Reserved.
Privacy Policy|Terms of Use|DMCA Notice