Coral Gables, FL Real Estate
According to census data in the year 2000 there were 17,796 housing units in Coral Gables.
This represents a 7.5% growth from 16,561 in 1990.
Of those housing units, 17,796 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Coral Gables is about 66.1%.
Coral Gables's vacancy rate, including seasonal lodging, is about 6%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Coral Gables were built after 1958.
|Housing Units by Size|
|Five Bedrooms or more||6.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.56|
|Median year structure was built||1957|
|Median Value of occupied units||$336,800|
|Median Price asked for vacant units||$278,100|
Rented Homes, Apartments and Condos
|Average Household Size||1.82|
|Median year structure was built||1960|
|Median Monthly Rent asked for vacant units||$719|
Owners Finance Status
|Second Mortgage & Equity Loan||0.50%|
|Home Equity Loan||10.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20%|