The story of this market
The typical home in ZIP 32346 sells for about $194,900, or $195 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 75 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $984 a month.
ZIP 32346 — Panacea
The 32346 ZIP code is a thin-data market characterized by limited supply and slow turnover. Market activity is minimal, with current metrics reflecting a quiet, rural-coastal environment rather than the high-velocity trends seen in the nearby Tallahassee urban core.
This area is primarily suited for retirees and those seeking a quiet, coastal lifestyle, given the high concentration of seniors and limited family-oriented infrastructure.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 75 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 15.7% · poverty 4.3% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 32346
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Florida) — Statewide Uniform Property Tax Lien Priority & Tax Deed Sale Enforcement: Unpaid real ad valorem and non-ad valorem taxes become a first-priority sovereign lien on January 1 of the tax year, superior to all mortgages and private liens. If unpaid by April 1 following the tax year, tax certificates are sold via competitive bidding under § 197.432. State (Florida) — Community Development District (CDD) Special Assessment & Financing Lien Mandate: Binds the parcel to non-ad valorem assessments levied directly by the CDD board to fund infrastructure bonds (capital assessments) and operations/maintenance (O&M assessments). State (Florida) — Florida Constitutional Homestead Exemption & Save Our Homes (SOH) Assessment Cap: Reduces taxable value by up to $50,000: base $25,000 exemption applies to all taxing authorities (including school districts); second $25,000 exemption applies to assessed value between $50,000 and $75,000 for non-school millage. State (Florida) — Florida Ad Valorem Real Property Assessment & Tax Mechanics: Parcels are assessed annually at 100% just value (market value) as of January 1 by county property appraisers. Tax formula: Tax Bill = (Taxable Value / 1,000) * Total Levied Millage Rate. Assessed Value = Just Value - Assessment Limitations.
The local economy is largely influenced by the broader Tallahassee MSA, with limited commercial activity within the ZIP itself.
Data not available via standard ACS ZCTA tables.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.