Home prices
The cost of the median home in Coral Terrace is $335,100. It is about $16,620 (5%) higher compared to the surrounding areas.Compared to the rest of the country it is roughly $117,600 (54%) higher, and compared to the city of Miami is approximately $17,400 (5%) higher.
Rents
The median rent in Coral Terrace is $1,487 a month. In comparison to its surrounding areas it is roughly $33 (2%) lower.It is about $425 (40%) higher compared to the United States as a whole, and is approximately $304 (25%) higher compared to the city of Miami.
Nearby places
West Miami
West Miami is Coral Terrace's neighbor to the northeast. The housing prices there are pretty similar. West Miami's median home price is $335,800, which is very similar to Coral Terrace. Its rents are similar. The median rent in West Miami is $1,515 per month, which comes out to $28 (1%) higher than Coral Terrace.
Westchester
Westchester is Coral Terrace's neighbor to the west. Its housing prices are similar. Westchester's median home value is $332,600, which is very similar to Coral Terrace. Its rents are a bit less expensive. In Westchester the median monthly rent is $1,383, which comes out to $104 (7%) lower than Coral Terrace.
Olympia Heights
Olympia Heights is Coral Terrace's neighbor to the southwest. Real estate prices there are similar. Olympia Heights's median home price is $348,500, which works out to $13,400 (3%) higher than Coral Terrace. Rents there are a bit more expensive. In Olympia Heights the median rent is $1,702 per month, which comes out to $215 (12%) higher than Coral Terrace.
Glenvar Heights
Glenvar Heights is Coral Terrace's neighbor to the south. Real estate prices there are a bit more expensive. The cost of the median home in Glenvar Heights is $385,200, which works out to $50,100 (13%) higher than Coral Terrace. Rents there are a little less expensive. The median rent in Glenvar Heights is $1,415 per month, which works out to $72 (5%) lower than Coral Terrace.
Fountainebleau
Fountainebleau is Coral Terrace's neighbor to the northwest. Housing prices there are a lot less expensive. The median home in Fountainebleau costs $190,300, which is $144,800 (76%) lower than Coral Terrace. Rent there is a bit more expensive. In Fountainebleau the median rent is $1,586 a month, which works out to $99 (6%) higher than Coral Terrace.