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Tallahassee, Florida · updated every night
Bank-owned and price-cut homes for sale in Tallahassee, FL
Looking to buy a home in Tallahassee, Florida for less than it's worth? 97 bank-owned, short-sale and price-cut homes are for sale here today, with a typical asking price of $249,000. 30 are priced at least 10% below our estimate of their value.
Homes listed
97
97 added in the last 7 days
Typical asking price
$249,000
From $50,000 to $575,846
10% or more below our estimate
30
Of 91 homes with an estimate
Typical gap on those
30%
Below our estimate, not a valuation
Best-rated homes in Tallahassee right now
Chosen by our rating, which weighs price against value and how easily the home would resell. Homes in the US are shown to members: a free account takes a minute and no card.
Rated AAIllustration, not this homeTallahassee, Florida
2-bedroom apartment
- Price band
- Under $75k
- Street and price
65% below our estimate
Create a free account to see it
Rated AAIllustration, not this homeTallahassee, Florida
3-bedroom apartment
- Price band
- $150k to $250k
- Street and price
53% below our estimate
Create a free account to see it
Rated AAIllustration, not this homeTallahassee, Florida
3-bedroom apartment
- Price band
- $150k to $250k
- Street and price
51% below our estimate
Create a free account to see it
Rated AAIllustration, not this homeTallahassee, Florida
3-bedroom apartment
- Price band
- $75k to $150k
- Street and price
67% below our estimate
Create a free account to see it
Rated AAIllustration, not this homeTallahassee, Florida
2-bedroom apartment
- Price band
- Under $75k
- Street and price
65% below our estimate
Create a free account to see it
Rated AAIllustration, not this homeTallahassee, Florida
2-bedroom apartment
- Price band
- Under $75k
- Street and price
51% below our estimate
Create a free account to see it
Why they are priced low
- Slow to sell93
- Short sale (lender must agree)3
- Bank-owned1
- Below market value1
A home can carry more than one label, so these can add up to more than the total.
By asking price
- Under $75k5
- $75k to $150k12
- $150k to $250k32
- $250k to $400k28
- Over $400k20
By bedrooms
- 1 bedroom4
- 2 bedrooms22
- 3 bedrooms48
- 4 or more23
Plus 44 plots of land, not counted in these figures.
Buying a home below market value in Tallahassee
How many bank-owned, short-sale and price-cut homes are for sale in Tallahassee?
We list 97 in Tallahassee, Florida today, 97 of them added in the last 7 days. The list is refreshed every night, so the number changes as homes sell and new ones come to market.
How much do they cost?
The asking price runs from $50,000 to $575,846. The middle figure is $249,000.
Can I really buy a home in Tallahassee for less than it's worth?
Sometimes, not always. Of the 91 homes here with a valuation we can compare against, 30 are priced at least 10% below it, and the typical gap among those is 30%. Our estimate is worked out from official home values and asking prices in the same ZIP code; it is not a survey, so treat it as a starting point and check any home yourself.
Why would a home sell below market value?
Usually for a reason you can check: a bank selling a foreclosed home as-is, a short sale the lender must approve, a seller who has cut the price, or a home that has sat unsold for months. We show the reason at the top of each home's page.
How do I see the homes and their addresses?
A free account lets you browse the homes and unlock one full address each month. Paid membership opens every address, with the negotiation range, viewing requests and alerts for new homes.
Guides for buyers
Other places
Figures are counted from the homes on CasaAlpha Deals for this place and change every night. Valuations are the court valuer's where a court publishes one, otherwise our estimate or a data provider's; none is a survey or an official valuation of the home today. Nothing here is advice; check the details of any home with a professional before you offer or bid.