SIALIMStatistical Intelligence for America's Local Investment Markets

32309 — Tallahassee, FL Home Values

Typical home value $400,007 as of August 2026 · 4th of 23 in Tallahassee, FL

Typical value — August 2026
$400,007
observed, not a forecast
Past 12 months
+2.7%
trailing year-over-year change
Past 5 years
+20.9%
August 2021 to August 2026
Rank in metro
4th
of 23 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 32309, August 2021 to August 2026. This page shows observed data only; no forecast.

How 32309 compares in the Tallahassee, FL area

ZIP code 32309 (Tallahassee, FL) has a typical home value of $400,007 as of August 2026, ranking 4th of 23 ZIP codes tracked in the Tallahassee, FL area, more expensive than about 87% of ZIP codes in the metro. Prices here have moved +2.7% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +20.9%, from $330,923 in August 2021 to $400,007 in August 2026. Against observed rent, the typical home here sells for 21.2× the annual rent ($1,576/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Tallahassee, FL forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Tallahassee.

Population and demographics

ZIP code 32309 has a population of 33,962, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 76.3% White, 10.3% Black or African American, 6.7% Hispanic or Latino, 3.8% two or more races, 2.1% Asian, 0.7% another race, and 0.1% American Indian or Alaska Native.

Nearby public schools

SchoolAddressDistance
WILLIAM J MONTFORD III MIDDLE SCHOOL5789 PIMLICO DR, TALLAHASSEE, FL5.7 mi
ROBERTS ELEMENTARY SCHOOL5777 PIMLICO DR, TALLAHASSEE, FL5.8 mi
LAWTON CHILES HIGH SCHOOL7200 LAWTON CHILES LN, TALLAHASSEE, FL6.4 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 32309?

$400,007 as of August 2026, the latest month Zillow has published observed data for.

Is 32309 an expensive ZIP code in the Tallahassee, FL area?

32309 ranks 4th of 23 ZIP codes in the Tallahassee, FL area by typical home value, more expensive than about 87% of ZIP codes in the metro.

How much have home values in 32309 changed over the past year?

+2.7% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 32309?

The typical home price is 21.2× the observed annual rent in this ZIP code ($1,576/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 32309?

33,962, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 32309?

WILLIAM J MONTFORD III MIDDLE SCHOOL (5.7 mi), ROBERTS ELEMENTARY SCHOOL (5.8 mi), LAWTON CHILES HIGH SCHOOL (6.4 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 32309?

No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Tallahassee, FL forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.