ZIP Code 32311 — Tallahassee, FL Home Prices (2026)

The typical home in ZIP 32311 (Tallahassee, Florida) is worth about $331,000 at roughly $229 per square foot — 16% more expensive than the Tallahassee median and 13% more expensive than the typical U.S. home.

$331,000

Typical home value

$229

Price per sq ft

#5 of 10

Tallahassee ZIPs by value

+16%

vs Tallahassee median

How 32311 compares

ZIP 32311 is a mid-priced ZIP code for Tallahassee: its typical home value of $331,000 ranks #5 of the 10 Tallahassee ZIP codes we track (the citywide range runs from $169,000 in 32304 to $458,000 in 32312). Per square foot it costs about $229, against $202 for Tallahassee as a whole, $229 for Florida, and $195 nationally.

Area	Typical value	$ / sq ft
ZIP 32311	$331,000	$229
Tallahassee, FL	$286,500	$202
Florida	$349,000	$229
United States	$294,000	$195

Home value by size in 32311

Using this ZIP’s rate of about $229 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home size	Estimated value
1,000 sq ft	$229,000
1,500 sq ft	$343,500
2,000 sq ft	$458,000
2,500 sq ft	$572,500
3,000 sq ft	$687,000

Salary needed to buy a home in ZIP 32311

To buy the typical $331,000 home in ZIP 32311 with 20% down, you need a household income of roughly $90,000 a year (about $2,100 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $107,000, because the loan is bigger and mortgage insurance kicks in.

Down payment	Cash down	Monthly payment	Income needed
5% (+PMI)	$16,600	$2,610/mo	$112,000/yr
10% (+PMI)	$33,100	$2,500/mo	$107,000/yr
20%	$66,200	$2,100/mo	$90,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in ZIP 32311

At about $229 per square foot, here is roughly how much home different budgets get you in ZIP 32311:

Budget	Approx. size	What that looks like locally
$150k	660 sq ft	below the local median — condos, smaller or older homes
$200k	870 sq ft	below the local median — condos, smaller or older homes
$250k	1090 sq ft	below the local median — condos, smaller or older homes
$300k	1310 sq ft	around the typical home here
$400k	1750 sq ft	around the typical home here

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 32311 home.

Estimate a specific home in 32311

The estimator below is pre-set to ZIP 32311 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All Tallahassee ZIP codes by home value

Where 32311 sits among Tallahassee’s 10 ZIP codes:

#	ZIP code	Typical value	$ / sq ft
1	32312	$458,000	$224
2	32317	$413,000	$224
3	32309	$402,000	$222
4	32308	$344,000	$226
5	32311 (this page)	$331,000	$229
6	32303	$242,000	$179
7	32301	$212,000	$181
8	32305	$199,000	$175
9	32310	$185,000	$167
10	32304	$169,000	$156

ZIP 32311 home prices: frequently asked

What is the average home price in ZIP code 32311? +

The typical home in ZIP 32311 (Tallahassee, FL) is worth about $331,000 as of 2026. That is 16% more expensive than the Tallahassee median of $286,500 and 13% more expensive than the U.S. median of $294,000.

What is the price per square foot in 32311? +

About $229 per square foot in 32311, versus $202 across Tallahassee and $229 across Florida. At that rate a 1,500 sq ft home runs roughly $343,500 and a 2,500 sq ft home about $572,500.

What salary do you need to buy a house in ZIP 32311? +

For the typical $331,000 home in ZIP 32311, a household income of about $90,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $107,000; with 5% down about $112,000.

Is 32311 an expensive ZIP code? +

Within Tallahassee, 32311 ranks #5 of 10 ZIP codes by typical home value, which makes it a mid-priced ZIP code for Tallahassee. Nationally it is about average.

See the full Tallahassee home values page, all Florida cities, or price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.