The January 2026 median sales price of existing homes in the Tallahassee MSA ($325,000) is down 5.8% when compared to December 2025 ($345,000), according to the Florida Association of REALTORS®. The Tallahassee MSA includes Leon, Jefferson, Gadsden, and Wakulla counties. Leon county accounts for almost 90% of the MSA real estate transactions.
The January 2026 median sales price ($345,000) is down 5.6% when compared to January 2025 ($332,500).
The chart below shows that the Tallahassee MSA 3-month average median sales price has been trending down since September 2025 when the average sales price was $346,500. Based on the January 2026 numbers, since September 2025, the 3-month average sales price has declined 3.37% to $334,800.
The number of transactions decreased from one year ago. There were 201 transactions in January 2026, down 2.9% from the 209 transactions recorded one year ago.
At the state level, Florida’s January 2026 median sales price ($405,000) was down 1.2% when compared to January 2025. Transactions were up 5.9%.
Tallahassee MSA Residential Sales Prices Trending Down added by Staff on
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just between Apalachee Parkway and St. Augustine Road East of Capital Circle there are4 new Subdivisions getting started right now and there will be close to 2000 Homes, maybe more, and ALL are starting in the Mid $350K and Up. Every Subdivision being built in Leon County and in Crawfordville, and there are a lot of them, are the same Cookie Cutter Homes for the same prices. I think they they might be running out of people who can afford them.