diff --git a/README.md b/README.md
index 0f5f051..b61e7e6 100644
--- a/README.md
+++ b/README.md
@@ -4,7 +4,7 @@ A tilemap editor for Game Boy, GBC, GBA, or SNES projects. Specifically meant to
 
 Inspired by tools like [Tilemap Creator](https://github.com/erandis-vol/Tilemap-Creator), [NTME](https://www.pokecommunity.com/showthread.php?t=149454), [GSC Town Map Editor](https://hax.iimarckus.org/topic/97/) and [Karteneditor](https://i.imgur.com/70jDfdM.png), but implemented with C++ and [FLTK](http://www.fltk.org/), and with support for multi-platform tilemaps as well as Pokémon-specific formats.
 
-Latest release: [**3.2.0**](https://github.com/Rangi42/tilemap-studio/releases/tag/v3.2.0)
+Latest release: [**3.2.1**](https://github.com/Rangi42/tilemap-studio/releases/tag/v3.2.1)
 
 Follow the steps in [INSTALL.md](INSTALL.md) to install the release copy of Tilemap Studio, or the longer instructions to build it yourself from source.
 
diff --git a/src/version.h b/src/version.h
index 653439e..59164c5 100644
--- a/src/version.h
+++ b/src/version.h
@@ -1,11 +1,11 @@
 #ifndef VERSION_H
 #define VERSION_H
 
-#define PROGRAM_VERSION 3,2,0
+#define PROGRAM_VERSION 3,2,1
 #ifdef _DEBUG
-#define PROGRAM_VERSION_STRING "3.2.0 [DEBUG]"
+#define PROGRAM_VERSION_STRING "3.2.1 [DEBUG]"
 #else
-#define PROGRAM_VERSION_STRING "3.2.0"
+#define PROGRAM_VERSION_STRING "3.2.1"
 #endif
 
 #define PROGRAM_EXE_NAME "tilemapstudio"