Housing in Coral Gables, FL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$1,650,000

Median List Price

$2,200,000

Price Per Sq Ft

$864

Days on Market

92

Active Inventory

327

Months of Supply

9.3

Buyer's market

Zillow Home Value

$1,464,736

ZHVI — January 2026

Zillow Rent Index

$3,238

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 22.2%List Price 51.9%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

2.9%

Off Market in 2 Weeks

21.3%

Sale-to-List Ratio

93.2%

Buyer's market

Sold Above Asking
2.9%
Under Contract in 2 Wks
21.3%
Listings with Price Drops
16.5%

Market Activity

Source: Redfin

Homes Sold

35

New Listings

97

Pending Sales

47

Homes Sold 36.4%New Listings 18.3%Pending 29.9%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$864

Median List $/SF

$991

Sale $/SF 12.1%List $/SF 12.1%Mar 24Jan 26

Coral Gables vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Coral Gables is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$1,007,500

Median Rent

$2,121

Total Housing Units

21,906

Vacancy Rate

13.5%

Owner Occupied

63.9%

Renter Occupied

36.1%

Median Property Tax

$9,001

per year

Monthly Cost (w/ Mortgage)

$3,003

Housing Types

Single Family
52.5%
Multi-Family
47.2%
Mobile Home
0.3%

The current median sale price in Coral Gables, FL is $1,650,000 according to Redfin data. Homes spend a median of 92 days on the market. 2.9% of homes sold above asking price. The market has 9.3 months of supply. The median price per square foot is $864. Zillow's observed rent index is $3,238/month. About 63.9% of housing units are owner-occupied. The median year homes were built is 1968. There are 21,906 total housing units.