ZIP Code 32317 — Tallahassee, FL Home Prices (2026)

The typical home in ZIP 32317 (Tallahassee, Florida) is worth about $413,000 at roughly $224 per square foot — 44% more expensive than the Tallahassee median and 40% more expensive than the typical U.S. home.

$413,000
Typical home value
$224
Price per sq ft
#2 of 10
Tallahassee ZIPs by value
+44%
vs Tallahassee median

How 32317 compares

ZIP 32317 is one of the pricier ZIP codes in Tallahassee: its typical home value of $413,000 ranks #2 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 $224, against $202 for Tallahassee as a whole, $229 for Florida, and $195 nationally.

AreaTypical value$ / sq ft
ZIP 32317$413,000$224
Tallahassee, FL$286,500$202
Florida$349,000$229
United States$294,000$195

Home value by size in 32317

Using this ZIP’s rate of about $224 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home sizeEstimated value
1,000 sq ft$224,000
1,500 sq ft$336,000
2,000 sq ft$448,000
2,500 sq ft$560,000
3,000 sq ft$672,000

Salary needed to buy a home in ZIP 32317

To buy the typical $413,000 home in ZIP 32317 with 20% down, you need a household income of roughly $112,000 a year (about $2,620 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $134,000, because the loan is bigger and mortgage insurance kicks in.

Down paymentCash downMonthly paymentIncome needed
5% (+PMI)$20,700$3,260/mo$140,000/yr
10% (+PMI)$41,300$3,120/mo$134,000/yr
20%$82,600$2,620/mo$112,000/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 32317

At about $224 per square foot, here is roughly how much home different budgets get you in ZIP 32317:

BudgetApprox. sizeWhat that looks like locally
$200k890 sq ftbelow the local median — condos, smaller or older homes
$250k1120 sq ftbelow the local median — condos, smaller or older homes
$300k1340 sq ftbelow the local median — condos, smaller or older homes
$400k1790 sq ftaround the typical home here
$500k2230 sq ftaround 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 32317 home.

Estimate a specific home in 32317

The estimator below is pre-set to ZIP 32317 — 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 32317 sits among Tallahassee’s 10 ZIP codes:

#ZIP codeTypical value$ / sq ft
132312$458,000$224
232317 (this page)$413,000$224
332309$402,000$222
432308$344,000$226
532311$331,000$229
632303$242,000$179
732301$212,000$181
832305$199,000$175
932310$185,000$167
1032304$169,000$156

ZIP 32317 home prices: frequently asked

What is the average home price in ZIP code 32317? +
The typical home in ZIP 32317 (Tallahassee, FL) is worth about $413,000 as of 2026. That is 44% more expensive than the Tallahassee median of $286,500 and 40% more expensive than the U.S. median of $294,000.
What is the price per square foot in 32317? +
About $224 per square foot in 32317, versus $202 across Tallahassee and $229 across Florida. At that rate a 1,500 sq ft home runs roughly $336,000 and a 2,500 sq ft home about $560,000.
What salary do you need to buy a house in ZIP 32317? +
For the typical $413,000 home in ZIP 32317, a household income of about $112,000 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 $134,000; with 5% down about $140,000.
Is 32317 an expensive ZIP code? +
Within Tallahassee, 32317 ranks #2 of 10 ZIP codes by typical home value, which makes it one of the pricier ZIP codes in Tallahassee. Nationally it is relatively expensive.

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.