The story of this market
The typical home in ZIP 32351 sells for about $229,000, or $150 per square foot.
Prices are down 21.03% from a year ago, which gives buyers more room to negotiate. Homes take about 63 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $849 a month.
ZIP 32351 — Quincy
The 32351 housing market is currently experiencing a correction, with median sold prices showing a significant year-over-year decline. High inventory relative to sales volume suggests a cooling trend, driven by broader economic pressures in Gadsden County. Buyers are finding more leverage, as evidenced by the moderate days-on-market and price-cut activity.
This ZIP is best suited for budget-conscious buyers, outdoor enthusiasts seeking lakefront access, and those working in the Tallahassee periphery who prioritize affordability over proximity to the urban core.
Median prices moved down 21.0% year over year.
Homes spend a median of 63 days on market with 7.8 months of supply — a balanced-paced market.
17% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.6% · poverty 34.0% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 32351, Gadsden County FL
Schools in the Gadsden County district serving this area generally face significant performance challenges compared to state averages.
The area is subject to regional wind and storm risks common to North Florida, with specific flood-risk zones identified near Lake Talquin.
Economic momentum is largely tied to regional agricultural and public sector employment in Gadsden County, with limited large-scale industrial development.
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.
Residents primarily commute via US-90 or I-10 toward Tallahassee for employment, with typical drive times ranging from 25 to 40 minutes.
The area is defined by its proximity to Lake Talquin, offering significant opportunities for fishing, boating, and outdoor recreation.
The rental market is characterized by lower-cost housing stock with moderate vacancy pressure and limited institutional investor presence.
The local economy is anchored by agriculture, manufacturing, and government services within Gadsden County, with many residents commuting to Tallahassee for broader employment opportunities.
Transportation is heavily reliant on private vehicles, with I-10 and US-90 serving as the primary corridors for regional connectivity.
Development is primarily focused on low-density residential and rural land use, with no major high-density urban projects currently reported.
The Gadsden County Property Appraiser manages assessments, focusing on agricultural and residential valuations.
Parcels are subject to Gadsden County School District taxes and regional water management district levies.
Property insurance premiums in this region are influenced by Florida's statewide wind-risk exposure and the proximity to inland water bodies.
Florida is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Florida law requires sellers to disclose known material defects that are not readily observable to a buyer.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Havana Springs4.914.6 mi
- Lake Talquin State Park4.57.3 mi
- Lake Talquin State Forest4.67.6 mi
- Bear Creek Educational Forest4.81.9 mi
- Tallahassee Museum4.718.5 mi
- Torreya State Park4.619.1 mi
- Mission San Luis4.719.6 mi
- Lichgate on High Road4.719.9 mi
- Gadsden Arts Center & Museum4.89.6 mi
- Coe Landing County Park Campground4.59.9 mi
- Lake Talquin State Park4.57.3 mi
- Lake Talquin State Forest4.67.6 mi
- Pat Thomas Park4.43.4 mi
- Williams Boat Landing4.47.6 mi
- Ingram's Marina LLC4.53.2 mi
- Golf Club of Quincy4.510.5 mi
- Tallahassee International Airport4.218.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A major regional attraction offering boating, fishing, and hiking trails along the lakefront.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.