32304 — Tallahassee, FL Home Values
Typical home value $169,245 as of June 2026 · 21st of 23 in Tallahassee, FL
Blue: typical home value (Zillow ZHVI) in ZIP code 32304, June 2021 to June 2026. This page shows observed data only; no forecast.
How 32304 compares in the Tallahassee, FL area
ZIP code 32304 (Tallahassee, FL) has a typical home value of $169,245 as of June 2026, ranking 21st of 23 ZIP codes tracked in the Tallahassee, FL area, more expensive than about 13% of ZIP codes in the metro. Prices here have moved +0.7% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +36.1%, from $124,319 in June 2021 to $169,245 in June 2026. Against observed rent, the typical home here sells for 10.5× the annual rent ($1,348/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
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 32304 has a population of 50,080, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 45.3% White, 37.3% Black or African American, 9.1% Hispanic or Latino, 4% Asian, 3.5% two or more races, 0.7% another race, and 0.1% Native Hawaiian or Pacific Islander.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| SECOND CHANCE AT GHAZVINI LEARNING CENTER | 854 BLOUNTSTOWN STREET, TALLAHASSEE, FL | 0.5 mi |
| SUCCESS ACADEMY AT GHAZVINI LEARNING CENTER | 854 BLOUNTSTOWN ST, TALLAHASSEE, FL | 0.5 mi |
| TALLAHASSEE COLLEGIATE ACADEMY | 444 APPLEYARD DRIVE, TALLAHASSEE, FL | 0.8 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 32304?
$169,245 as of June 2026, the latest month Zillow has published observed data for.
Is 32304 an expensive ZIP code in the Tallahassee, FL area?
32304 ranks 21st of 23 ZIP codes in the Tallahassee, FL area by typical home value, more expensive than about 13% of ZIP codes in the metro.
How much have home values in 32304 changed over the past year?
+0.7% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 32304?
The typical home price is 10.5× the observed annual rent in this ZIP code ($1,348/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 32304?
50,080, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 32304?
SECOND CHANCE AT GHAZVINI LEARNING CENTER (0.5 mi), SUCCESS ACADEMY AT GHAZVINI LEARNING CENTER (0.5 mi), TALLAHASSEE COLLEGIATE ACADEMY (0.8 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 32304?
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.