CENTURY 21 Edge

Homes for sale inCoral Gables, Florida

Mediterranean streets and tree-canopied living near Miami

295

Homes for sale

$2,250,000

Median list price

$1,193

Avg price / sqft

67

Median days on market

Coral Gables is one of South Florida's most deliberate places — a planned Mediterranean Revival city of coral-rock facades, banyan-lined boulevards and strict architectural standards that have held for a century. It suits buyers who want walkable elegance close to Miami's core, with everything from historic estates in the Coral Gables Biltmore section to waterfront homes along the canals toward Biscayne Bay. The pace is refined rather than flashy, and the sense of permanence here is rare in Miami-Dade County.

The market reflects that prestige: 295 active listings with a median list price of $2,250,000 and an average of $1,193 per square foot, and 207 of those homes carry asking prices above $1 million. Homes take their time, with a median of 67 days on market, so there's room to be selective. Buyers with smaller budgets should look to the condominium market, where listings start far lower than the single-family estates, and keep an eye on just reduced listings.

Coral Gables is in Miami-Dade County, Florida.

Quick facts

$164,000 – $175M price range

2,227 sqft median home

$4,000/mo median rent

Living in Coral Gables

Coral Gables was conceived in the 1920s as one of America's first planned communities, and that original vision still defines daily life here. The city was laid out around Mediterranean Revival architecture, coral-rock construction, grand entrances and tree-lined boulevards, with a design code that keeps the look remarkably consistent nearly a century later. The result is a place that feels settled and intentional rather than improvised — mature canopy, walkable blocks and an architecture-forward identity you don't find in most of South Florida.

The city sits just southwest of downtown Miami in Miami-Dade County, close enough to the region's business and cultural core to feel urban, but residential and quiet at street level. It appeals to buyers who value permanence and craftsmanship: professionals, established families, and anyone willing to pay a premium for a neighborhood with real history and consistent standards.

It is not a budget market, and the lifestyle leans refined rather than casual. If your priority is walkability, architecture and proximity to Miami with a calmer tone, Coral Gables delivers. If you want inexpensive square footage or a brand-new subdivision feel, you'll find the fit harder here — though the inventory is more varied than its reputation suggests.

Neighborhoods and communities in Coral Gables

Coral Gables is organized into named sections that each carry their own character, and many appear directly in the active listings. The Coral Gables Biltmore section surrounds the historic core and is among the most prestigious addresses, while the Coral Gables Riviera and Granada sections offer established single-family streets with the city's signature architecture. The Coral Gables Industrial and Section E areas round out the single-family landscape with their own mix of homes.

For buyers drawn to the water, areas like Kings Bay sit toward the canals and bay access that feed the city's 53 active waterfront homes. These are where you'll find dockage and the two dockominiums in the current inventory, along with homes with direct water views toward Biscayne Bay.

Condominium living clusters in named buildings such as Puerta De Palmas Condo and the David William Hotel Condo, which bring a lower entry point and a more lock-and-leave lifestyle than the estates. With 112 active condominiums across the city, these buildings are the most realistic path into Coral Gables for buyers who don't need a single-family lot. Reviewing gated communities, of which there are 37 active, is worth it for buyers prioritizing security and privacy.

Homes for sale in Coral Gables: prices and housing

The numbers make the market clear: 295 active listings, a median list price of $2,250,000, and an average of $1,193 per square foot against a median home size of about 2,227 square feet. Prices range enormously, from $164,000 at the entry condominium level up to $175,000,000 at the top of the estate market. A full 207 of the active listings are priced above $1 million, so this is fundamentally a luxury market with a smaller affordable segment underneath.

The housing mix is led by 163 single-family residences, followed by 112 condominiums, 17 townhouses and 2 dockominiums. Segment counts show 53 waterfront listings, 37 gated, 13 in golf settings, 9 with a pool, and 5 in 55+ communities. There are also 40 new construction listings, a meaningful share for a city this established.

On carrying costs, the median property tax is roughly $15,880 per year, a direct reflection of high assessed values. HOA data isn't reported in the current dataset, which is common for single-family homes that often carry no association — condominium buildings, by contrast, will each have their own dues to confirm. Homes sit a median of 67 days on market, so buyers generally have time to analyze a property, and tracking just reduced listings can surface sellers open to negotiation.

Schools in Coral Gables

Coral Gables falls within Miami-Dade County Public Schools, the fourth-largest district in the country. The current dataset does not list the specific assigned elementary, middle and high schools for the area, and because school zoning is tied to a home's exact address, those assignments can vary street by street.

Before making an offer, verify the assigned schools for any specific property directly with Miami-Dade County Public Schools using the home's address. Zoning boundaries change periodically, and the only reliable confirmation is the district's own lookup tool rather than third-party summaries.

Beyond the public system, the Coral Gables area is also home to a range of private and parochial schools and sits near several of the region's higher-education institutions. Families should weigh both public zoning and private options as part of evaluating a particular home.

Getting around Coral Gables

Specific drive times aren't included in the current dataset, but Coral Gables' location just southwest of downtown Miami is well established. The city is woven into Miami-Dade's main road network and is an easy reach from the region's core business and cultural districts.

Within the city itself, the planned layout means wide, named boulevards and a street grid that is far more navigable and walkable than much of South Florida. Many of the named sections — Riviera, Granada, Biltmore — are residential enough to walk or bike, which is part of the appeal for buyers who want to be out of the car for everyday errands.

For commuters, confirm current drive times to your specific workplace, since traffic in greater Miami varies significantly by time of day. The city's central position generally keeps major employment centers, the airport and the coast within a reasonable radius.

Is Coral Gables a good place to live?

For the right buyer, Coral Gables is one of the most rewarding places to own in South Florida. You get a century-old planned city with enforced architectural standards, mature tree canopy, walkable streets and genuine proximity to Miami — a combination that holds value and a sense of place. The variety is real too: 53 waterfront listings, 37 gated options, 40 new-construction homes and 112 condominiums give different buyers a way in.

The honest trade-off is cost. With a median list price of $2,250,000, an average of $1,193 per square foot and property taxes near $15,880 a year, this is a premium market where 207 of 295 active listings exceed $1 million. Buyers on tighter budgets will be looking at condominiums rather than single-family lots, and even those carry association dues to weigh.

If your priorities are architecture, walkability, water access and a settled, prestigious address close to Miami, Coral Gables is hard to beat — and the 67-day median market pace means you can shop deliberately. If you need maximum square footage per dollar or a low-cost-of-ownership profile, you'll feel the stretch here. Knowing which side of that trade-off matters most to you is the key to deciding.

Fresh on the market

Newest homes in Coral Gables

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The numbers that matter

The Coral Gables market

597

Sold, last 12 months

$1,500,000

Median sold price

94%

Sale-to-list ratio

What sellers actually get vs asking

59 days

Median time to sell

Coral Gables vs Miami-Dade County

Median list price

Coral Gables$2.3M
Miami-Dade Co.$598K

Price per sqft

Coral Gables$1193
Miami-Dade Co.$479

Days on market

Coral Gables67d
Miami-Dade Co.76d

Homes on the market

▲ 100.0% yr/yr

122Apr ’24Jul ’25

Homes sold per month

011Apr ’24Jul ’25

Live Stellar MLS data — listings and closed sales in Coral Gables, FL. Rolling medians smooth single-month swings in thin markets.

For the school run

School zones with homes for sale

Assigned schools as reported on active MLS listings — always verify zoning with the district.

Beyond the listings

Living in Coral Gables

01

Mediterranean architectural legacy

The city's century-old design code keeps coral-rock, barrel-tile and arched facades consistent across neighborhoods like the Biltmore and Riviera sections.

02

Deep waterfront inventory

With 53 active waterfront listings, Coral Gables offers canal and bay access toward Biscayne Bay that's hard to match inland.

03

A true luxury market

Of 295 active listings, 207 are priced above $1 million, with a median list price of $2,250,000.

04

Condos widen the entry point

112 active condominiums, including addresses like Puerta De Palmas and the David William Hotel Condo, bring the starting price well below the estate market.

05

New construction choices

40 new-construction listings give buyers modern builds alongside the historic housing stock.

Population

49,802

Median age

39.1

Median income

$134,216

Median home value

$1,089,900

What people here are into

Lifestyles

Top 4% in the U.S.

Wealth Signaling

Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.

Relationships

Top 6% in the U.S.

Networking

Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.

Entertainment

Top 10% in the U.S.

Party Life

The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.

Beliefs

Top 14% in the U.S.

Mindfulness & Spirituality

Seeking peace and well-being through meditation, gratitude and spirituality.

Entertainment

Top 15% in the U.S.

Film Lovers

Movie buffs and binge watchers expressing their love for movies, storytelling, and the film making process.

Active

Top 16% in the U.S.

Yoga Advocates

Improving flexibility, strength, and overall well-being is the yogi's aim. This population is looking for the right community, instruction, and accessories.

What it really costs

Owning here

Owning the median Coral Gables home

≈ $13,388/mo

Principal & interest $11,855
Property tax $1,323
Insurance (est.) $210

$2,250,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

0%

In a FEMA flood zone

Most homes here sit outside high-risk zones

$4,000/mo

Median rent

268 homes for rent right now

Straight answers

Coral Gables real estate FAQs

Is Coral Gables a good place to live?+

It's one of South Florida's most established and walkable communities, built around Mediterranean Revival architecture and mature tree canopy. The city suits buyers who want proximity to Miami with a quieter, more residential character. The trade-off is cost — this is a premium market where most homes sit well above $1 million.

Is Coral Gables expensive?+

Yes, it's one of Miami-Dade's pricier markets, with a median list price of $2,250,000 and an average of $1,193 per square foot. Of the 295 active listings, 207 are priced above $1 million. There is a wider range than the median suggests, though, from $164,000 to $175,000,000.

What do homes cost in Coral Gables?+

The median list price is $2,250,000, with active prices spanning from $164,000 up to $175,000,000. The lower end is largely condominiums, while single-family homes make up the bulk of the higher tiers. Median home size is about 2,227 square feet.

How is the Coral Gables housing market?+

There are 295 active listings and homes take a median of 67 days to sell, which gives buyers time to evaluate rather than rush. The pace is measured for a luxury market. Watching just reduced listings can reveal negotiating room.

What are HOA fees and property taxes like?+

Median HOA data isn't available in the current dataset, which is typical since many single-family homes carry no HOA at all. The median property tax runs about $15,880 per year, reflecting the high property values. Condominium buildings like Puerta De Palmas will carry their own association dues, so confirm them per building.

What about schools in Coral Gables?+

Coral Gables is served by Miami-Dade County Public Schools, but specific assigned schools aren't listed in the current dataset. Because zoning is address-specific, confirm the exact assigned schools for any home with the district before you make an offer. Several private and parochial options also operate in the area.

Is there new construction in Coral Gables?+

Yes — there are 40 active new construction listings, which is substantial for an established city. These range from contemporary single-family builds to new condominium units. They offer modern layouts and systems alongside the area's historic housing stock.

What kind of homes can I find in Coral Gables?+

The housing mix includes 163 single-family residences, 112 condominiums, 17 townhouses and even a couple of dockominiums. Buyers wanting water access will find 53 waterfront homes, while there are also 37 gated and 13 golf-oriented listings. That spread lets very different budgets and lifestyles find a fit.

Keep exploring

Nearby areas

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS. Market statistics are computed from listing and sold data and change as the market moves.

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