Old Town TallahasseeOld Town Tallahassee is a neighborhood located in the midtown area of the city. It is bordered by Leon High School to the south, and Tallahassee Memorial Healthcare to the north. The proximity to the Capitol Building, schools, and medical facilities makes Old Town a popular neighborhood.
Old Town Tallahassee Homes for Sale
One unique feature about Old Town Tallahassee is that it is one of the city’s original neighborhoods. Many of the homes for sale in Old Town Tallahassee were built in the 1940s, and many of the historic elements that keep the homes unique have been retained. This is primarily thanks to historic preservation efforts that began in the late 1990s.
Homes and home prices in Old Town vary, depending on the year they were built and the level of care the houses received over the years. There are some “fixer-uppers” for under $200,000 as well as newer construction, craftsman-style homes with all the latest upgrades and amenities, including hardwood floors, gas fireplaces, granite countertops and stainless steel appliances.
Old Town Market Update
In the past 6 months, there has been a 9% decrease in the average price per square foot in Old Town Tallahassee homes for sale. It is worth noting that this is a smaller community and homes do not frequently go for sale. There are a number of homes for rent in the area. Approximately 56% of the neighborhood is comprised of renters.
The average sales price for an Old Town home is $293,125, which is up from the previous 6-month average of $199,750. Additionally, there’s a mix of remodeled homes and older homes, so prices may have a wide range.
Currently, the average number of days homes in Old Town remain on the market is 33 days. With the market as it is right now, buyer’s can expect to pay 97% of the seller’s asking price.
In July 2021, two detached, single family homes were sold in the neighborhood - one was on Terrace Street (a 2-bed, 2-bath, 1,028 sq. ft. home) and the other on Hillcrest Street (a 3-bed, 2-bath, 1,431 sq. ft. home).
In August 2021, 4 homes sold in the Old Town area. The average listing price was $295,000 and the average sale price was $293,125 (or $1,875 under asking). On average, homes sold in 22 days, with a high of 34 and low of 0. The homes range from sold at $190,000 (3-bed, 1-bath at 1,154 sq.ft) to $400,000 (4-bed, 2-bath at 2,961 sq.ft).
Shopping and Amenities near Old Town Tallahassee
In addition to the neighborhood’s historic nature and location, residents of the Old Town Tallahassee community appreciate the nearby conveniences afforded to them. This includes restaurants like Uptown Cafe, The Lunchbox and the Miccosukee Root Cellar, as well as nearby parks like Cascades and Lafayette Park.
Major Streets located in Old Town Tallahassee FL
Buyers interested in homes for sale in Old Town Tallahassee should take a drive through the community to experience it for themselves. Below are some of the roads with homes for sale.
Claude Pichard Drive
If you love the convenient location that Old Town Tallahassee has to offer, you may also want to explore homes for sale in the nearby Midtown Tallahassee community, which is right around the corner.
For additional information about homes for sale in Old Town Tallahassee, scroll down. Here, you’ll find information about school zones, market trends, neighborhood demographics, and more.