Leon County, Florida Housing Market Prices
Leon County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 29% below the Florida median$219,644
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Median rent 23% below the Florida median$1,291
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Leon County | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $219,644 | $311,338 | $248,835 |
| Price Trend (Annual %) | 3.6% | 11.2% | 7.5% |
| Median Gross Rent | $1,291 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 4.1% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Leon County is about 29% lower than in Florida. Rent is about 23% lower than the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Leon County, up about 3.6% and 4.1% a year respectively. Rent is changing faster.
Median rent in Leon County rose about 39.7% between 2015 and 2024, from $924 to $1,291. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 3.3 yearly household incomes in Leon County.
Buying the median-priced home in Leon County costs roughly 14.2 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Leon County. The price-to-rent ratio in Florida is about 15.6.
| Metric | Leon County | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $219,644 | $311,338 | $248,835 |
| Median Household Income | $66,521 | $74,580 | $80,455 |
| Price-to-Income Ratio | 3.3 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Leon County rose about 17.6%, while median household income rose about 49.5% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Leon County | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 46.8% | 57.7% | 58.5% |
| Rental Rate | 42.2% | 27.7% | 31.2% |
| Vacancy Rate | 11.0% | 14.6% | 10.2% |
| Median Tenure (years) | 13.0 | 13.0 | 15.0 |
| Median Year Moved In | 2013 | 2013 | 2011 |
Leon County has a homeownership rate of 46.8%, lower than the Florida average of 57.7%. Its housing vacancy rate is 11.0%, compared with 14.6% in Florida.
Housing Stock
| Metric | Leon County | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.28 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1989 | 1988 | 1978 |
| Median Number of Rooms | 5.1 | 5.2 | 5.5 |
The typical housing unit in Leon County was built around 1989. On average, 2.3 people live in a home with about 5.1 rooms, staying for about 13.0 years on average.
Leon County, FL Housing Compared With Nearby Counties
Leon County, FL is the largest of the 4 counties compared here, 297,542 residents against a local median of 35,387. The measure that sets Leon County, FL apart most is median rent: $1,291, 52% above the local median of $850.
Median home price tells the same story from another angle: $219,644 against a local median of $316,492, 31% below it. The one measure here that carries a verdict is homeownership, and at 26% below the local median it puts Leon County, FL at the weaker end of the local range. The counties themselves spread $270 on median rent, so Leon County, FL sits at one end of an already wide local range rather than apart from it. Leon County, FL has the highest median rent of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Leon County, FL | 297,542 | $219,644 #3/4 | $1,291 #1/4 | 52.6% #4/4 |
| Gadsden County, FL | 43,710 | $316,492 | $850 | 70.7% |
| Wakulla County, FL | 35,387 | $78,289 | $1,108 | 81.9% |
| Decatur County, GA | 29,195 | $577,247 | $838 | 62.1% |
Frequently Asked Questions
Common questions about the housing market in Leon County, Florida.
What is the median home price in Leon County, Florida?
The median home price in Leon County, Florida is $219,644, lower than the Florida average of $311,338.
What is the average home price in Leon County, Florida?
The typical home price in Leon County, Florida, reported as the median sale price, is $219,644. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Leon County, Florida?
The median gross rent in Leon County, Florida is $1,291 per month, lower than the Florida average of $1,668.
What was the median gross rent in Leon County in 2020?
In 2020, the median gross rent in Leon County, Florida was $1,024 per month.
What is the price-to-rent ratio in Leon County, Florida?
The price-to-rent ratio in Leon County, Florida is about 14.2, meaning it would take roughly 14.2 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Leon County.
Are home prices or rent rising faster in Leon County, Florida?
Both home prices and rent are rising in Leon County, up about 3.6% and 4.1% a year respectively. Rent is changing faster.
What is the homeownership rate in Leon County, Florida?
46.8% of households in Leon County, Florida own their home, lower than the Florida average of 57.7%.
What is the vacancy rate in Leon County, Florida?
The housing vacancy rate in Leon County, Florida is 11.0%, lower than the Florida average of 14.6%.
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