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Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A home now sells for $440,000, with starter homes approaching $300,000. 

These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still , affordability keeps dropping, and are becoming harder to find as home values . This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were this year.

While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Tallahassee?

To find out, found listings near the $500,000 mark to see what types of homes you can actually afford in Tallahassee right now. Listings below $500,000 were included if necessary.

2664 W Washington Hwy, Monticello, FL 32344
- Price: $499,000
- 8 bedrooms, 4 bathrooms
- Square feet: 4,806
- See 2664 W Washington Hwy, Monticello, FL 32344 on

53 Bedford Loop, Crawfordville, FL 32327
- Price: $496,650
- 5 bedrooms, 3.5 bathrooms
- Square feet: 2,832
- See 53 Bedford Loop, Crawfordville, FL 32327 on

6611 Crooked Creek Rd, Tallahassee, FL 32311
- Price: $499,900
- 5 bedrooms, 2 bathrooms
- Square feet: 2,846
- See 6611 Crooked Creek Rd, Tallahassee, FL 32311 on

50 Bedford Loop, Crawfordville, FL 32327
- Price: $493,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,758
- See 50 Bedford Loop, Crawfordville, FL 32327 on

910 Parkview Dr, Tallahassee, FL 32311
- Price: $499,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,684
- See 910 Parkview Dr, Tallahassee, FL 32311 on

43 Ponderosa Dr, Crawfordville, FL 32327
- Price: $498,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,498
- See 43 Ponderosa Dr, Crawfordville, FL 32327 on

3439 Fl Ga Hwy, Havana, FL 32333
- Price: $495,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,344
- See 3439 Fl Ga Hwy, Havana, FL 32333 on

289 Persimmon Rd, Sopchoppy, FL 32358
- Price: $499,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,744
- See 289 Persimmon Rd, Sopchoppy, FL 32358 on

3089 Sawgrass Cir, Tallahassee, FL 32309
- Price: $499,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,656
- See 3089 Sawgrass Cir, Tallahassee, FL 32309 on

3657 Coastal Hwy, Crawfordville, FL 32327
- Price: $495,500
- 4 bedrooms, 3 bathrooms
- Square feet: 2,600
- See 3657 Coastal Hwy, Crawfordville, FL 32327 on

5442 Burris Ct, Tallahassee, FL 32317
- Price: $499,500
- 4 bedrooms, 3 bathrooms
- Square feet: 2,232
- See 5442 Burris Ct, Tallahassee, FL 32317 on

4448 Argyle Ln, Tallahassee, FL 32309
- Price: $495,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,104
- See 4448 Argyle Ln, Tallahassee, FL 32309 on

855 S Waukeenah St, Monticello, FL 32344
- Price: $499,900
- 4 bedrooms, 3 bathrooms
- Square feet: 1,798
- See 855 S Waukeenah St, Monticello, FL 32344 on

385 Oakwood Trl, Crawfordville, FL 32327
- Price: $499,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,680
- See 385 Oakwood Trl, Crawfordville, FL 32327 on

2541 Lagrange Trl, Tallahassee, FL 32312
- Price: $495,000
- 4 bedrooms, 2 bathrooms
- Square feet: 2,318
- See 2541 Lagrange Trl, Tallahassee, FL 32312 on

116 Country Club Dr, Crawfordville, FL 32327
- Price: $495,000
- 4 bedrooms, 2 bathrooms
- Square feet: 2,254
- See 116 Country Club Dr, Crawfordville, FL 32327 on

39 Wiregrass Ln, Quincy, FL 32351
- Price: $495,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,062
- See 39 Wiregrass Ln, Quincy, FL 32351 on

449 Saint Francis St, Tallahassee, FL 32301
- Price: $499,900
- 3 bedrooms, 3 bathrooms
- Square feet: 1,764
- See 449 Saint Francis St, Tallahassee, FL 32301 on

5902 Shady Rest Rd, Havana, FL 32333
- Price: $499,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,871
- See 5902 Shady Rest Rd, Havana, FL 32333 on

523 Tung Hill Dr, Tallahassee, FL 32317
- Price: $499,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,158
- See 523 Tung Hill Dr, Tallahassee, FL 32317 on

5264 Old Retreat Way, Tallahassee, FL 32317
- Price: $499,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,147
- See 5264 Old Retreat Way, Tallahassee, FL 32317 on

5152 Royal Fern Cir, Tallahassee, FL 32317
- Price: $499,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,912
- See 5152 Royal Fern Cir, Tallahassee, FL 32317 on

2134 La Rochelle Dr, Tallahassee, FL 32308
- Price: $500,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,525
- See 2134 La Rochelle Dr, Tallahassee, FL 32308 on

3325 Mariana Oaks Dr, Tallahassee, FL 32311
- Price: $499,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,976
- See 3325 Mariana Oaks Dr, Tallahassee, FL 32311 on

516 E 7Th Ave, Tallahassee, FL 32303
- Price: $499,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,962
- See 516 E 7Th Ave, Tallahassee, FL 32303 on

283 Martin Farms Rd, Crawfordville, FL 32327
- Price: $500,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,853
- See 283 Martin Farms Rd, Crawfordville, FL 32327 on

107 Tarn Way, Monticello, FL 32344
- Price: $499,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,774
- See 107 Tarn Way, Monticello, FL 32344 on

469 Olivia Rose Ave, Tallahassee, FL 32317
- Price: $499,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,738
- See 469 Olivia Rose Ave, Tallahassee, FL 32317 on

122 Ocean View Dr, Crawfordville, FL 32327
- Price: $495,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,560
- See 122 Ocean View Dr, Crawfordville, FL 32327 on

231 Lafayette Cir, Tallahassee, FL 32303
- Price: $494,900
- 2 bedrooms, 1.5 bathrooms
- Square feet: 2,048
- See 231 Lafayette Cir, Tallahassee, FL 32303 on