Tallahassee, FL — Momentum Score, Home Values & Best-For

All states·Florida·Tallahassee

Leon County · Tallahassee · population 205,089

First-time buyers
Tallahassee, FL
Image: Wikipedia · Tallahassee, Florida
View watchlist →
66
Rising
Momentum score · 0–100

Where Tallahassee stands

At or near all-time high.

Median home $293,664
1-year +0.6%
5-yr CAGR +4.6%
vs 5-yr peak -0.6%
Population +1.1%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2024-05$294k$161k$210k$258k$307k201620182020202220242026

Lifestyle scores

🚶
Walkability
40/100
Car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
38/100
Minimal transit
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
98/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$1,533/mo$1,005$1,315$1,625202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent125143100120140202220242026

Rent vs buy

Price-to-rent ratio: 16.0
Lean buy

At a 16.0 price-to-rent ratio, Tallahassee is in the 'depends on horizon' zone. Buy if you'll be there 5+ years and value flexibility on the home; rent if you might move, want zero maintenance friction, or expect rates to drop.

How the momentum score breaks down

methodology →
Home YoY
53 · w22%
Home 5-yr CAGR
62 · w22%
Distance from peak
87 · w18%
Population growth
67 · w16%
Rent YoY
65 · w12%
Home 10-yr CAGR
64 · w10%
Long thesis

Tallahassee has held up across the cycle: home values at $293,664 with +4.6% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Tallahassee's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Tallahassee

Tallahassee is a city in Leon County, Florida, with an estimated population of 205,089. The population grew 1.1% annually from 2020 to 2024, a moderate gain. The median home value in Tallahassee is $293,664 as of 2026-04, up 0.6% over the last 12 months. Over the last five years, home values have averaged +4.6% annual growth, with prices at or near the 5-year peak. Rents in Tallahassee average $1,533 per month, up 3.0% year-over-year. The composite momentum score is 66 of 100 (Rising). The market is healthy with prices supported by underlying demand.

Bull case

Net positive migration: population up 1.1% per year — demand fundamentals are intact.
Held the highs: currently -0.6% from the 5-year peak — this market refused to give back gains.

Bear case

Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Tallahassee (Wikipedia)

Tallahassee is the capital city of the U.S. state of Florida. It is the county seat of and the only incorporated municipality in Leon County. Tallahassee became the capital of Florida, then the Florida Territory, in 1824. In 2024, the estimated population was 205,089, making it the eighth–most populous city in the state of Florida. It is the principal city of the Tallahassee, Florida Metropolitan Statistical Area, which had an estimated population of 397,675 as of 2024. Tallahassee is the largest city in the Florida Big Bend and Florida Panhandle regions.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

City facts

MayorJohn E. Dailey
Area104.74 sq mi
Elevation125 ft
Established1824
Motto"Florida's Capital City"
Density1926.00/sq mi
Time zoneEastern (EST)

Extracted from the Wikipedia infobox. Values may be slightly out of date relative to the latest sources.

Things to see in Tallahassee(Places of interest)

  • Alfred B. Maclay Gardens State Park
  • Carnegie Library at FAMU
  • Challenger Learning Center
  • Co-Cathedral of St. Thomas More
  • Doak Campbell Stadium
  • Elinor Klapp-Phipps Park
  • First Presbyterian Church
  • Florida Governor's Mansion
  • Florida State Capitol
  • Florida Supreme Court
  • Foster Tanner Fine Arts Gallery at Florida A&M University
  • Frenchtown

+17 more on Wikipedia.

Extracted from the Wikipedia article. Names linked in the source — open the city’s Wikipedia page for details.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for Leon County right now.

Public-safety links are official .gov sources, not curated by us. Leon County routes NWS alerts; check the state EM portal for non-weather emergencies.

Neighborhoods of Tallahassee

32 tracked · ranked by median home value
1Lake McBride$772,288-0.4%
2Centerville$719,490+0.2%
3Betton Hills$542,822+2.8%
4Waverly Hills$488,151+0.6%
5Killearn Estates$426,859+2.7%
6Miccosukee$412,006+1.2%
7Buck Lake$383,525+0.5%
8Chaires$383,143+1.1%
9Killearn Lakes Plantation$381,805-0.8%
10Woodgate$358,214+3.5%
11Lafayette Park$356,798+0.6%
12Woodland Drives$343,799-0.4%
13Old Town$336,106+1.3%
14Wellswood$321,877+3.1%
15Melody Hills$304,572-4.2%
16Midtown$288,523-0.4%
17Chapel Ridge$277,658+0.3%
18Indian Head$268,561-1.4%
19Forest Heights$266,743+3.8%
20Parkside$263,820+0.6%
21Myers Park$233,309-6.2%
22Lakewood$223,224+2.2%
23Levy Park$219,949-5.8%
24San Luis$204,334+1.1%

See the full neighborhood ranking →

Cities like Tallahassee

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
70° / 51°
avg high / low
Summer (Jul)
90° / 73°
avg high / low
Sunny days/yr
233
~64% of year
Annual precip
54″ rain
0″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very high
Tornado
Moderate
Wildfire
Low
Earthquake
Very low
Flood
Very high

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Tallahassee listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local sports teams

Major professional teams the Tallahassee area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Local economy & environment

Humidity
76%
Very humid climate
Median household income
$67,900
Florida state median
Top industries (state-level)
TourismHealthcareConstruction

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

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