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Indian Head Acres Real Estate Report

Jun. 20, 2011

If you want to discover a charming in-town place to live, then you might want to consider Indian Head Acres. This popular Tallahassee neighborhood is fighting through a difficult housing market in a far more successful manner than many others.

Before we get into the actual home sales report, you should know that Indian Head Acres has possibly the coolest street names of any neighborhood in Tallahassee. Do you know what a Nene is?

The streets were named using authentic Seminole Indian names, and “nene” is the word for trail.

Indian Head Acres Street Names And Meanings

♦ Humpin Nene – First Trail * ♦ Atapha Nene – Dogwood Trail
♦ Hokolin Nene – Second Trail ♦ Heechee Nene – Tobacco Trail
♦ Toochin Nene – Third Trail ♦ Chuli Nene – Pine Trail
♦ Ostin Nene – Fourth Trail ♦ Chocksaka Nene – Bridle Trail
♦ Chowkeebin Nene – Fifth Trail ♦ Wekewa Nene – Spring Trail
♦ Apakin Nene – Sixth Trail ♦ Hasosaw Nene – East Trail
♦ Kolopakin Nene – Seventh Trail ♦ Wahalaw Nene – North-South Trail
♦ Chinnapakin Nene – Eighth Trail ♦ Atchena Nene – Cedar Trail
♦ Ostipakin Nene – Ninth Trail ♦ Ohbah Nene – Owl Trail

* Humpin Nene – First Trail (Jim Lee Road was going to have this name, but it never happened)

It is very rare that you find a community with such thought used to create the street names, so I hope you enjoy knowing a little more about this community.

Indian Head Acres Home Prices

Since the peak of the market in 2007, average home prices in Indian Head Acres are down about 32%, which is consistent with the rest of the Tallahassee real estate market. In the graph below, arms length sales are in green, while distressed sales are in red. It is interesting to note that Indian Head Acres has only recorded two distressed property sales thus far.

Indian Head Acres Home Prices

Home Values In Indian Head Acres

Home values have declined roughly 24% since the peak of the housing market, which is far better than most neighborhoods in Tallahassee. Perhaps it is due to the minimal number of distressed home sales, but more likely it is because Indian Head Acres did not see the same high level of appreciation during the boom as most subdivisions found from 2004 to 2006.

Indian Head Acres Home Values

As with the rest of Tallahassee, home values will continue to drop as the shrinking buyer pool will not keep up with the glut of inventory of homes in Tallahassee. This is not a short term trend, and we will see declining values for years to come. If you need to sell a home in Indian Head Acres, you should check out our Progressive Home Selling Plan Video. It gets homes sold fast.

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Tallahassee Housing News

Blog by Joe Manausa
Tallahassee, Florida

Information about the Tallahassee housing market and real estate discussion for everywhere.

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