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Coral Terrace, FL

Full City Profile · Florida · Miami-Dade County County

3.0 /5.0
B Good
24,051 Population 7,158/sq mi density
$77,396 Median Income $35,646 per capita
$496,500 Home Value $651,201 Zillow
$1,707 Median Rent 35.0% income on rent
77°F Avg Temperature 330 sunny days/yr
206 Violent Crime/100K 2,125 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$77,396 median income, 1.9% unemployment
B
Affordability
3.0 / 5.0
$496,500 home value, $1,707/mo rent
F
Safety
1.0 / 5.0
206 violent crimes/100K
B
Education
3.4 / 5.0
30.2% bachelor's degree or higher

Housing Overview

Median Home Value
$496,500
76% above
US avg: $281,900
Median Rent
$1,707/mo
47% above
US avg: $1,163/mo
Homeownership Rate
61.5%
6% below US avg (65.4%)
Total Housing Units
8,435
Median year built: 1957

Home Value by Source

Census Median
$496,500
Zillow (ZHVI)
$651,201
Median Sale Price
$720,000
Median List Price
$975,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

61.5%
Owner-Occupied
38.5%
Renter-Occupied
62%
39%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent: $1,707/mo

Market Indicators (Redfin)

Median Days on Market
58 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
10
Price Drops
22.9%
of listings with price reduction
Price Per Sq Ft
$405
Active Inventory
70
homes for sale

Affordability & Housing Stock

Rent Burden
35.0%
of renters spending 30%+ of income on housing
13% above US avg (31.0%)
Median Year Built
1957
Average age of housing stock: 69 years
Homeownership Rate
61.5%

Complete Housing Data

Home Values

Census Median Value$496,500
Zillow Home Value (ZHVI)$651,201
Median Sale Price$720,000
Median List Price$975,000
Price Per Sq Ft$405

Rent

Census Median Rent$1,707
FMR Studio$1,212
FMR 1-Bedroom$1,296
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,971
FMR 4-Bedroom$2,261

Market

Days on Market58
Sale-to-List Ratio0.9%
Price Drops22.9%
Homes Sold10
Active Inventory70
Price Per Sq Ft$405

Ownership & Stock

Owner-Occupied61.5%
Renter-Occupied38.5%
Homeownership Rate61.5%
Total Housing Units8,435
Median Year Built1957
Rent Burden35.0%