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Coral Gables, FL Housing

 
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As of 2006-2010, median price of a house in Coral Gables is $690,100, which is much higher than the state average of $164,200 and is much higher than the national average of $179,900. The Coral Gables median house value has grown by 104.90% since 2000. The growth rate for the price of a house in Coral Gables is much higher than the state average rate of 55.64% and is much higher than the national average rate of 50.42%. The median year that a house in Coral Gables was built is 1961, which is older than the median year for a house built in the state which is 1984 and is older than the median year for a house built in the USA which is 1975.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 11,409 Owner Occupied Houses in Coral Gables, FL, #28
Coral Gables, FL
690,100 USD
Florida
205,600 USD
U.S.
188,400 USD
Median House Price Growth Since 2000, #282
Coral Gables, FL
104.90%
Florida
55.64%
U.S.
50.42%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2006-2010 data. View historical house value data.

Housing Occupancy

 Coral Gables, FL%FloridaU.S.
Total Housing Units20,266, see rank100%8,989,580131,704,730
Occupied Housing Units17,94688.55%, see rank82.55%88.62%
Owner Occupied11,45256.51%, see rank55.61%57.69%
Renter Occupied6,49432.04%, see rank26.94%30.93%
Vacant Housing Units2,32011.45%, see rank17.45%11.38%
For Rent8904.39%, see rank4.13%3.14%
For Sale Only3671.81%, see rank2.21%1.44%
Rented or Sold, Not Occupied1570.77%, see rank0.53%0.48%
For Seasonal, Recreational, or Occasional Use5672.80%, see rank7.31%3.53%
For Migrant Workers00.00%, see rank0.02%0.02%
Other Vacant3391.67%, see rank3.26%2.77%

*Based on 2010 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #878
Coral Gables, FLFloridaU.S.
196119841975

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2006-2010 data. View historical year structure built data.

Mortgage Status

 Coral Gables, FL%FloridaU.S.
Owner-Occupied Units11,409100%4,986,62976,089,650
With a Mortgage7,59966.61%, see rank65.36%67.94%
Without a Mortgage3,81033.39%, see rank34.64%32.06%

*Based on 2006-2010 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Coral Gables, FL
3,060 USD
Florida
1,586 USD
U.S.
1,524 USD

Owner Costs Distribution
Monthly Owner CostsCoral Gables, FL%FloridaU.S.
$299 or Less00.00%, see rank0.19%0.22%
$300 to $49900.00%, see rank1.43%1.85%
$500 to $699360.47%, see rank4.48%5.39%
$700 to $9992693.54%, see rank12.95%14.41%
$1,000 to $1,4994315.67%, see rank26.86%27.08%
$1,500 to $1,9991,02413.48%, see rank21.70%19.94%
$2,000 to $2,9991,95525.73%, see rank21.11%19.39%
$3,000 or More3,88451.11%, see rank11.27%11.73%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Coral Gables, FL
30.50% of the Total Income
Florida
29.30% of the Total Income
U.S.
25.00% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Coral Gables, FL%FloridaU.S.
10% or Less4235.57%, see rank3.63%4.85%
10% to 20%1,61521.25%, see rank21.88%28.90%
20% to 30%1,63321.49%, see rank25.84%28.42%
30% to 40%97112.78%, see rank16.88%15.27%
40% or More2,81937.10%, see rank31.07%22.15%

*Based on 2006-2010 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Coral Gables, FL
1,001 USD
Florida
472 USD
U.S.
431 USD

Owner Costs Distribution
Monthly Owner CostsCoral Gables, FL%FloridaU.S.
$199 or Less210.55%, see rank8.30%8.92%
$200 to $2991163.04%, see rank13.28%16.68%
$300 to $4993128.19%, see rank33.07%35.65%
$500 to $6993699.69%, see rank22.82%20.07%
$700 or More2,99278.53%, see rank22.54%18.68%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Coral Gables, FL
16.20% of the Total Income
Florida
14.10% of the Total Income
U.S.
12.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Coral Gables, FL%FloridaU.S.
10% or Less1,18631.13%, see rank33.27%38.92%
10% to 20%1,03427.14%, see rank32.46%31.98%
20% to 30%63216.59%, see rank14.06%12.67%
30% to 40%3469.08%, see rank6.91%5.90%
40% or More56714.88%, see rank11.74%9.51%

*Based on 2006-2010 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Coral Gables, FL%FloridaU.S.
Total Housing Units19,383100%8,863,057130,038,080
1-unit, Detached10,83755.91%, see rank54.07%61.62%
1-unit, Attached9024.65%, see rank6.15%5.74%
2 Units3421.76%, see rank2.25%3.88%
3 or 4 Units7814.03%, see rank3.85%4.47%
5 to 9 Units6703.46%, see rank5.09%4.84%
10 or More Units5,76529.74%, see rank18.70%12.68%
Mobile Home, Boat, RV, Van, etc.860.44%, see rank9.89%6.76%

*Based on 2006-2010 data. View historical units in structure data.

Rooms

 Coral Gables, FL%FloridaU.S.
Total Housing Units19,383100%8,863,057130,038,080
1 Room3181.64%, see rank1.24%1.59%
2 Rooms7263.75%, see rank2.38%2.62%
3 Rooms2,55113.16%, see rank9.95%9.02%
4 Rooms2,54313.12%, see rank21.68%16.85%
5 Rooms3,95720.41%, see rank23.45%20.93%
6 Rooms2,69513.90%, see rank18.57%18.56%
7 Rooms2,78614.37%, see rank11.22%12.38%
8 Rooms1,5307.89%, see rank6.29%8.39%
9 Rooms or More2,27711.75%, see rank5.21%9.65%
Median Rooms5.40, see rank-5.105.50

*Based on 2006-2010 data. View historical rooms data.

Bedrooms

 Coral Gables, FL%FloridaU.S.
Total Housing Units19,383100%8,863,057130,038,080
No Bedroom3511.81%, see rank1.41%1.84%
1 Bedroom3,11216.06%, see rank10.97%11.32%
2 Bedrooms5,68329.32%, see rank34.24%27.20%
3 Bedrooms5,62229.00%, see rank38.34%39.80%
4 Bedrooms2,96915.32%, see rank12.76%15.80%
5 or More Bedrooms1,6468.49%, see rank2.28%4.04%

*Based on 2006-2010 data. View historical bedrooms data.

House Heating Fuel

 Coral Gables, FL%FloridaU.S.
Total Housing Units16,453100%7,152,844114,235,996
Utility Gas2981.81%, see rank4.77%49.91%
Bottled, Tank, or LP Gas930.57%, see rank1.54%5.38%
Electricity15,37593.45%, see rank91.50%34.20%
Fuel Oil, Kerosene, etc.530.32%, see rank0.34%7.07%
Coal or Coke00.00%, see rank0.00%0.12%
Wood100.06%, see rank0.21%1.97%
Solar Energy00.00%, see rank0.03%0.03%
Other Fuel00.00%, see rank0.05%0.42%
No Fuel Used6243.79%, see rank1.56%0.90%

*Based on 2006-2010 data. View historical house heating fuel data.

Gross Rent

Monthly RentalCoral Gables, FL%FloridaU.S.
Occupied Units Paying Rent4,637100%2,056,56235,969,315
$199 or Less00.00%, see rank1.55%2.25%
$200 to $29900.00%, see rank2.05%3.41%
$300 to $4991042.24%, see rank4.81%9.80%
$500 to $6991433.08%, see rank12.66%19.41%
$700 to $9991,23626.66%, see rank33.87%29.88%
$1,000 to $1,4991,81339.10%, see rank32.57%23.51%
$1,500 to $1,99963613.72%, see rank8.72%7.56%
$2,000 or More70515.20%, see rank3.78%4.16%
Median$1,174, see rank-$957$841

*Based on 2006-2010 data. View historical gross rent data.

Vehicle Available

 Coral Gables, FL%FloridaU.S.
Occupied Housing Units16,453100%7,152,844114,235,996
No Vehicles Available9195.59%, see rank6.46%8.85%
1 Vehicles Available6,34238.55%, see rank40.30%33.28%
2 Vehicles Available6,51539.60%, see rank38.62%37.87%
3 or More Vehicles Available2,67716.27%, see rank14.62%20.00%

*Based on 2006-2010 data. View historical vehicle available data.


 
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