Tallahassee, FL home prices
Typical home $281,169 · +1.2% in a year · income needed $78,900
The Tallahassee, FL metro area ranks 364 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +1.2% in a year and +18.5% over five years. With 20% down at 7.11%, the typical home costs about $1,840 a month including 0.79% property tax (Leon County rate).
Mortgage on the typical Tallahassee home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $56,234 | $224,935 | $1,513 | $0 | $327 | $1,840 | $78,900 |
| 10% down | $28,117 | $253,052 | $1,702 | $105 | $327 | $2,134 | $91,500 |
| 5% down | $14,058 | $267,111 | $1,797 | $111 | $327 | $2,235 | $95,800 |
| 3.5% down (FHA) | $9,841 | $276,077 | $1,857 | $124 | $327 | $2,308 | $98,900 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.79% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Tallahassee area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Leon County, FL | $291,390 | +1.5% | 0.79% |
| Gadsden County, FL | $199,661 | -0.3% | 0.53% |
| Wakulla County, FL | $285,880 | +0.9% | 0.64% |
| Jefferson County, FL | $305,552 | +4.4% | 0.62% |
What can you afford in Florida on your salary? · Florida home prices · Salaries in Florida
Frequently asked questions
How much is a house in Tallahassee?
The typical home in the Tallahassee, FL metro area is worth $281,169 (Zillow, September 2026).
What salary do you need to buy a house in Tallahassee?
About $78,900 a year for the typical home with 20% down at 7.11%.