32309, Tallahassee, FL

The 32309 zip code of Tallahassee, FL is located in the east-central region of the state and includes a population of over 107,000. Home prices in this area have increased significantly over the past few years, reaching a median sale price of $191,000 as of January 2019. This represents an increase of almost 60% from the median sale price recorded in 2017.

One reason for this rapid appreciation may be the strong economy and job market in Tallahassee. The city has been ranked as one of the most economically stable and fastest-growing cities in Florida for several years running, and its unemployment rate currently stands at 3%. Additionally, Tallahassee is well-known for its universities – including Florida State University (FSU), Florida A&M University (FAMU), and Tallahassee Community College (TCC) – which are both highly respected nationally. As a result, there is high demand for housing within the city limits, which has led to elevated home prices.

Another contributing factor to home prices in this area may be low inventory levels. In fact, as of January 2019 there were only 2 homes available for sale within the 32309 zip code – which is considerably fewer than average for this area. This scarcity has driven up prices even further since potential buyers have little choice but to pay more for a property that’s available.

Overall, it seems safe to say that home values in the 32309 zip code are on an upward trajectory – especially given current market conditions. If you’re interested in purchasing or selling a property within this area soon, it would definitely make sense to do your research first and consult with a real estate agent who can provide you with accurate information about current trends and market conditions.