Coral Terrace is a mid-sized community of roughly 34,300 residents in Florida, with a price point above the national middle.
| State | Florida |
|---|---|
| Population | 34,300 |
| Median home value | $490,000 |
| Active listings | 48 |
| Median across Florida communities we track | $410,000 |
The Coral Terrace housing market
At $490,000, the median home value sits about 20% above the median of the 145 communities we track in Florida.
Roughly 48 active listings at last count. That is enough to compare alternatives but not enough to be casual about a property you actually want.
Search homes in Coral Terrace
Current listings for Coral Terrace are maintained on the following site:
- Luxury homes for sale in Coral Terrace — coralterraceluxuryhomes.com
These are external sites operated independently of 1PropertyHub. We do not control their listings, pricing, or availability, and we are not a party to any transaction arising from them.
Buying in Coral Terrace
At this level, the appraisal is worth watching. Contract prices in appreciating submarkets regularly run ahead of the closed sales an appraiser has to work from.
Before you make an offer, work out what the monthly payment actually looks like at this price level. Our mortgage calculator includes property tax, insurance, and mortgage insurance rather than just principal and interest, and the affordability calculator solves backwards from your income to a purchase price a lender would support. If you are weighing a purchase against continuing to rent, the rent vs buy calculator accounts for transaction costs on both ends.
Investing in Coral Terrace
For rental investors, the questions here are rent-to-price ratio, the property tax burden, insurance cost, and the depth of the tenant pool at this population size. Underwrite with honest vacancy, management, maintenance, and capital reserves rather than rent minus mortgage — see our cash flow calculator and the rental underwriting guide. Verify short-term rental rules with the municipality before assuming any STR strategy will be permitted.
Nearby communities in Florida
- North Palm Beach, FL
- Palm Beach Shores, FL
- Daytona Beach Shores, FL
- Lynn Haven, FL
- Ruskin, FL
- Saint Pete Beach, FL
- Saint Petersburg Beach, FL
- St Petersburg Beach, FL
Frequently asked questions
What is the median home value in Coral Terrace, FL?
The median home value in Coral Terrace is approximately $490,000. At $490,000, the median home value sits about 20% above the median of the 145 communities we track in Florida. Values move with the market and vary widely by neighborhood, condition, and lot — treat this as a starting point and verify against recent closed sales before pricing an offer.
How many homes are for sale in Coral Terrace?
There were roughly 48 active listings at last count. Roughly 48 active listings at last count. That is enough to compare alternatives but not enough to be casual about a property you actually want. For current inventory, see Luxury homes for sale in Coral Terrace.
What should I know before buying in Coral Terrace?
At this level, the appraisal is worth watching. Contract prices in appreciating submarkets regularly run ahead of the closed sales an appraiser has to work from. Beyond the property itself, confirm the property tax rate and any exemptions with the county assessor, and get an insurance quote before you are under contract — both vary far more by location than buyers expect. Our Florida state guide covers closing practice and property law.