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Tallahassee, FL Real Estate


According to census data in the year 2000 there were 68,397 housing units in Tallahassee. This represents a 23.9% growth from 55,221 in 1990.

Of those housing units, 68,161 were located in either urbanized areas or urban clusters, and 236 were located in what is classified as a rural area.

Homeownership rate in Tallahassee is about 43.9%. Tallahassee's vacancy rate, including seasonal lodging, is about 7.6%. Average household size is 2.18 people.

The majority of houses, apartments or condos in Tallahassee were built after 1979.

Statistics

Housing Size

Housing Units by Size
Studio Type3.10%
One Bedroom19.90%
Two Bedrooms32.10%
Three Bedrooms32%
Four Bedrooms11.50%
Five Bedrooms or more1.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1978
Median Value of occupied units$102,500
Median Price asked for vacant units$93,300

Rented Homes, Apartments and Condos

Average Household Size2.01
Median year structure was built1980
Median Monthly Rent asked for vacant units$470

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage7.70%
Home Equity Loan7.50%
Simple Mortgage58.20%
Debt Free26.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.1%