Leon County, Florida Housing Market
In Leon County, Florida, the median home value is $301,800, with a median monthly rent of $1,291. This places Leon County at #614 nationally out of 3134 counties by median home value, and #31 within Florida.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,231
- Establishments: 10,634
- BLS QCEW, 2025
Housing Supply
- Single-family: 617
- Multi-family: 1,430
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 113,682 (avg $83,045)
- Outflow: 110,381 (avg $82,762)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Leon County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 32305 | 262.6 | -2.27% | 2025 |
| 2 | 32311 | 270.4 | -4.13% | 2025 |
| 3 | 32317 | 264.6 | -0.33% | 2025 |
| 4 | 32310 | 253.9 | -4.18% | 2025 |
| 5 | 32312 | 260.1 | -2.55% | 2025 |
| 6 | 32304 | 284.2 | +9.98% | 2025 |
| 7 | 32301 | 254.7 | -1.08% | 2025 |
| 8 | 32308 | 268.1 | +1.93% | 2025 |
| 9 | 32303 | 256.6 | +3.56% | 2025 |
| 10 | 32309 | 274.3 | +5.12% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
📝 Editor's Insight
None
How Leon County Compares
| Metric | Leon County | Florida Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $301,800 | $284,325 | $227,706 |
| Median Gross Rent | $1,291 | $1,303 | $968 |
| Owner Occupancy Rate | 52.6% | 74.6% | 73.3% |
| Price/Rent Ratio | 19.5 | 17.6 | 18.7 |
Market Analysis
The median home value in Leon County is 6.1% above the Florida state average and 32.5% above the U.S. national average. The median rent of $1,291/month is 0.9% below the state average.
With a price-to-rent ratio of 19.5, the buy-vs-rent decision in Leon County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Leon County has an owner-occupancy rate of 52.6%, compared to 74.6% in Florida and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Brazoria County | Texas | $301,600 | $1,454 |
| Elko County | Nevada | $301,400 | $1,164 |
| Pennington County | South Dakota | $302,200 | $1,120 |
| Glynn County | Georgia | $301,300 | $1,135 |
| Lancaster County | Pennsylvania | $301,100 | $1,357 |
Other Counties in Florida
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Pasco County | $300,900 | $1,505 | 75.7% |
| Duval County | $303,500 | $1,475 | 58.2% |
| Bay County | $310,500 | $1,484 | 66.8% |
| Clay County | $312,500 | $1,551 | 75.9% |
| Volusia County | $313,000 | $1,467 | 73.7% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).