32346 — Panacea, FL Home Values
Typical home value $432,698 as of June 2026 · 2nd of 23 in Tallahassee, FL
Blue: typical home value (Zillow ZHVI) in ZIP code 32346, June 2021 to June 2026. This page shows observed data only; no forecast.
How 32346 compares in the Tallahassee, FL area
ZIP code 32346 (Panacea, FL) has a typical home value of $432,698 as of June 2026, ranking 2nd of 23 ZIP codes tracked in the Tallahassee, FL area, more expensive than about 96% of ZIP codes in the metro. Prices here have moved -1.1% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +30.1%, from $332,617 in June 2021 to $432,698 in June 2026.
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 32346 has a population of 2,393, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 97.8% White, 0.8% Hispanic or Latino, 0.7% Black or African American, and 0.7% two or more races.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| MEDART ELEMENTARY SCHOOL | 2558 COASTAL HWY, CRAWFORDVILLE, FL | 6.8 mi |
| WAKULLA HIGH SCHOOL | 3237 COASTAL HWY, CRAWFORDVILLE, FL | 8.6 mi |
| WAKULLA MIDDLE SCHOOL | 22 JEAN DR, CRAWFORDVILLE, FL | 10 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 32346?
$432,698 as of June 2026, the latest month Zillow has published observed data for.
Is 32346 an expensive ZIP code in the Tallahassee, FL area?
32346 ranks 2nd of 23 ZIP codes in the Tallahassee, FL area by typical home value, more expensive than about 96% of ZIP codes in the metro.
How much have home values in 32346 changed over the past year?
-1.1% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 32346?
2,393, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 32346?
MEDART ELEMENTARY SCHOOL (6.8 mi), WAKULLA HIGH SCHOOL (8.6 mi), WAKULLA MIDDLE SCHOOL (10 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 32346?
No. Every number on this page is observed Zillow data as of June 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.