Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$291,390+1.5% YoY · prices are rising
Market right nowBalanced marketMore homes for sale than last year, 16% have cut their price
Income needed to buy, per year$63,167About 1.0× the local median income ($64,847): affordable for a typical household
Days on market60 daysAbout the same pace as a year ago
Next 12 months+0.2%Zillow expects prices to stay about flat
The typical home in Leon County, FL is worth $291,390, up 1.5% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $278,023, so the area is 4.8% overvalued. It is a balanced market: homes take about 60 days to sell, listings are up 5% from a year ago, 16% of listings have had a price cut. Zillow expects prices to rise about 0.2% over the next year. A household needs about $63,167 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $64,847. Typical rent is $1,473 a month, or $1,690 for a house. In the latest IRS figures, 2,089 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$291,390
Change in 1 year
+1.5%
Overvalued %
+4.8%
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Fair home value
$278,023
Change in 5 years
+17.5%
Zillow forecast, next 12 months
+0.2%
Home value to income
4.5×
Monthly mortgage payment (20% down)
$1,579
Income needed to afford it
$63,167
Property tax rate
0.79%
Rent and investing
Typical rent
$1,473
Typical rent for houses
$1,690
Price-to-rent ratio
16.5×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,424
Gross rental yield
6.07%
Cap rate (estimate)
3.94%
Market activity
Listings vs a year ago
+5.0%
Days on market
60
Listings with a price cut
15.7%
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Homes for sale
960
Pending sales per 100 listings
31
Asking price per sq ft
$200
People and jobs
Median household income
$64,847
Population change (1 year)
+0.1%
Unemployment rate
5.7%
Show 4 more
Population
299,048
Income adjusted for cost of living
$69,060
Net moves in (IRS)
−2,089
Cost of living (US = 100)
93.9
Schools, risk and environment
School rating (1 to 10)
5.8
FEMA hazard risk score (0 to 100)
93.4
Unhealthy air days a year
1
Show 4 more
Flood risk score
91.5
Wildfire risk score
90.0
Walkability (1 to 20)
9.7
Road, rail and air noise
54 dB
Questions people ask
Is Leon County, FL overvalued?
Home prices in Leon County, FL are slightly above what local incomes have historically supported: fair value is about $278,023, so the area is 4.8% overvalued.
Is Leon County, FL a buyer's or seller's market?
Leon County, FL is a balanced market: homes take about 60 days to sell, listings are up 5% from a year ago, 16% of listings have had a price cut.
Are home prices going down in Leon County, FL?
Home values in Leon County, FL are up 1.5% over the last year. Zillow's forecast for the next 12 months is +0.2%.
How much do you need to earn to buy a home in Leon County, FL?
A household needs about $63,167 a year to afford the typical home in Leon County, FL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $64,847.