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Featured local agent — Coral Terrace, FL
Sarah Mitchell
Compass Real Estate · Coral Terrace, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Coral Terrace, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$767,500median sale price
How is the Coral Terrace, FL housing market right now?
The median home sale price in Coral Terrace, FL is $767,500, up 1.0% year-over-year. Homes sell in an average of 71 days with 64 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Coral Terrace a buyer's or seller's market?
Coral Terrace, FL is currently a leaning buyer's, based on 4.9 months of supply and homes selling in about 71 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
71
Average pace
Active listings
64
4.9 months supply
Sale-to-list
96.4%
Below asking
What does the Coral Terrace housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $767,500 |
| Median list price | $792,500 |
| Year-over-year price change | +1.0% |
| Average days on market | 71 days |
| Active inventory | 64 listings |
| Months of supply | 4.9 months |
| Sale-to-list price ratio | 96.4% |
| Median price per sq ft | $457/sq ft |
| Homes sold (latest month) | 13 |
| New listings (latest month) | 16 |
| Listings with a price cut | 20.3% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Coral Terrace by property type?
How the Coral Terrace, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $767,500 | $457/sq ft | 13 | 71 days |
| Condo / Co-op | $330,000 | $311/sq ft | 1 | 39 days |
| Townhouse | $670,000 | $333/sq ft | 1 | 336 days |
Source: Redfin · Updated monthly
The Coral Terrace housing market is currently classified as a leaning buyer's with a median sale price of $767,500. Prices have risen 1.0% compared to last year, with homes spending an average of 71 days on market, indicating 4.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Coral Terrace
There are currently 64 homes listed for sale in Coral Terrace, Florida. The median listing price is $793K.
Active listings
64
Homes on market
Median list price
$793K
Avg. days on market
71
Days until sale
New this week
16
Newly listed
Who lives in Coral Terrace?
Population
24,051
Median income
$77,396/yr
Median age
45.8 years
Owner-occupied
61.5%
College grads
30.2%
Avg commute
25.9 min
Source: U.S. Census Bureau ACS
What is it like to live in Coral Terrace?
Coral Terrace is a community of approximately 24K residents with a median age of 45.8 years.The median household income is $77,396, which reflects a relatively affluent area with strong earning potential. 30.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 61.5%, showing a blend of owner and renter-occupied properties. The average commute time is 25.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Coral Terrace offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Coral Terrace, FL?
Want a head-to-head view? Compare Coral Terrace side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Coral Terrace?
The median home sale price in Coral Terrace is $767,500, up 1.0% from last year.
How long do homes stay on market in Coral Terrace?
Homes typically spend 71 days on market before going under contract.
What is the median income in Coral Terrace?
The median household income is $77,396 per year.
Is Coral Terrace a buyer's or seller's market?
With 4.9 months of supply, Coral Terrace is currently a leaning buyer's.
What is the median condo price in Coral Terrace?
The median condo/co-op sale price in Coral Terrace, FL is $330,000, compared to $767,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Coral Terrace?
The median single-family home price in Coral Terrace, FL is $767,500 (about $457 per square foot).
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