Cities with the fastest growing home prices in Tallahassee metro area

Written by:
November 23, 2022
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Cities with the fastest growing home prices in Tallahassee metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Tallahassee, FL metro area using data from Zillow. Cities are ranked by 1-year price change as of December 2022. The typical home value in the United States increased over the last year by +8.4%% to $356,819. All 12 cities and towns with data available were included in the list.

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1 / 12
Stacker

#12. Gretna, FL

- 1-year price change: +$13,611 (+24.0%)
- 5-year price change: +$25,125 (+55.5%)
- Typical home value: $70,387 (#12 most expensive city in metro)
2 / 12
Stacker

#11. Chattahoochee, FL

- 1-year price change: +$14,964 (+20.2%)
- 5-year price change: +$28,318 (+46.7%)
- Typical home value: $88,975 (#11 most expensive city in metro)
3 / 12
Stacker

#10. Quincy, FL

- 1-year price change: +$24,523 (+20.3%)
- 5-year price change: +$51,763 (+55.4%)
- Typical home value: $145,259 (#10 most expensive city in metro)
4 / 12
Stacker

#9. Lamont, FL

- 1-year price change: +$28,421 (+18.0%)
- 5-year price change: +$74,211 (+66.0%)
- Typical home value: $186,724 (#9 most expensive city in metro)
5 / 12
Stacker

#8. Tallahassee, FL

- 1-year price change: +$34,736 (+14.4%)
- 5-year price change: +$100,380 (+56.9%)
- Typical home value: $276,747 (#3 most expensive city in metro)

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6 / 12
Stacker

#7. Havana, FL

- 1-year price change: +$37,653 (+16.2%)
- 5-year price change: +$90,107 (+50.2%)
- Typical home value: $269,542 (#5 most expensive city in metro)
7 / 12
Stacker

#6. Saint Marks, FL

- 1-year price change: +$39,657 (+22.8%)
- 5-year price change: +$79,936 (+59.9%)
- Typical home value: $213,410 (#8 most expensive city in metro)
8 / 12
Stacker

#5. Sopchoppy, FL

- 1-year price change: +$39,851 (+20.5%)
- 5-year price change: +$84,972 (+57.0%)
- Typical home value: $233,931 (#7 most expensive city in metro)
9 / 12
Stacker

#4. Midway, FL

- 1-year price change: +$41,544 (+18.7%)
- 5-year price change: +$95,756 (+57.0%)
- Typical home value: $263,788 (#6 most expensive city in metro)
10 / 12
Stacker

#3. Monticello, FL

- 1-year price change: +$42,229 (+18.4%)
- 5-year price change: +$95,055 (+54.0%)
- Typical home value: $271,241 (#4 most expensive city in metro)

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Stacker

#2. Crawfordville, FL

- 1-year price change: +$55,312 (+23.2%)
- 5-year price change: +$113,102 (+62.6%)
- Typical home value: $293,802 (#2 most expensive city in metro)
12 / 12
Stacker

#1. Panacea, FL

- 1-year price change: +$66,657 (+19.9%)
- 5-year price change: +$150,166 (+59.8%)
- Typical home value: $401,275 (#1 most expensive city in metro)

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