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2025 Compare Cities Housing:
Coral Gables, FL vs Carmel, IN

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Highlights
- The median age of a home in Coral Gables is 52.8% older than the median age of a home in Carmel.
 Coral Gables, FLCarmel, INUnited States
 Median Home Age53  Unlock42
 Median Home Cost  Unlock$493,000$338,100
 Home Appr. Last 12 months25.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock62.9%57.0%
 Home Appr. Last 10 yrs.179.0%  Unlock101.1%
 Property Tax Rate  Unlock$9.1$11.0
 Homes Owned55.3%  Unlock57.4%
 Housing Vacant  Unlock5.8%11.2%
 Homes Rented30.5%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Coral Gables, FLCarmel, INUnited States
 Average Rent  Unlock$1,890$1,840
 Studio Apartment$1,680  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,230$1,180
 2 Bedroom Home or Apartment$2,380  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,920$1,860
 4 Bedroom Home or Apartment$3,710  Unlock$2,160
 space1
 Vacant Housing
 Coral Gables, FLCarmel, INUnited States
 Vacant For Rent  Unlock2.2%1.9%
 Vacant Rented0.6%  Unlock0.4%
 Vacant For Sale  Unlock1.1%0.7%
 Vacant Sold0.8%  Unlock0.4%
 Vacant Vacation  Unlock0.3%3.6%
 Vacant Other3.1%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Coral Gables, FLCarmel, INUnited States
 Less Than $20,000  Unlock0.6%2.6%
 $20,000 to $39,9990.2%  Unlock2.4%
 $40,000 to $59,999  Unlock0.1%2.8%
 $60,000 to $79,9990.3%  Unlock3.9%
 $80,000 to $99,999  Unlock0.8%4.5%
 $100,000 to $149,9991.3%  Unlock11.3%
 $150,000 to $199,999  Unlock6.6%13.0%
 $200,000 to $299,9994.5%  Unlock20.1%
 $300,000 to $399,999  Unlock25.2%13.6%
 $400,000 to $499,9997.0%  Unlock8.3%
 $500,000 to $749,999  Unlock14.6%9.7%
 $750,000 to $999,99919.9%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock2.4%2.2%
 $1,500,000 to $1,999,9998.8%  Unlock0.8%
 $2,000,000 and over  Unlock0.6%1.1%
 space3
 Housing Units By Year Built
 Coral Gables, FLCarmel, INUnited States
 2015 and Newer0.5%  Unlock0.2%
 2010 to 2014  Unlock21.1%13.6%
 2000 to 200912.3%  Unlock13.6%
 1990 to 1999  Unlock22.9%13.6%
 1980 to 19897.4%  Unlock13.2%
 1970 to 1979  Unlock13.1%14.8%
 1960 to 19696.9%  Unlock13.6%
 1950 to 1959  Unlock3.3%10.0%
 1940 to 19497.3%  Unlock4.7%
 1939 or Earlier  Unlock1.0%12.2%
Transportation
Reviews for Coral Gables    7 Reviews
Robert  · Miami, FL
Expensive
Over 9 years ago

Housing is too  More

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Guillermo · Miami, FL
A place for the better educated in Florida.
Over 17 years ago

I have lived in Florida, specifically, in Miami-Dade for about 18 years. Having found a glass ceiling up north due to my handicapping name (Guillermo, it could have been  More

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J. · Miami, FL
People Like Working Where They Like Living.
Over 17 years ago

As Coral Gables City Founder George Merrick formulated the initial elements of his dream city in the 1920's , he identified spacious park and open space locations,  More

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Reviews for Carmel    26 Reviews
Roxane · Medora, IN
Midwest upper middle class town
Over 6 years ago

I moved to Carmel from France and I lived there for 20 years. I moved to Indianapolis recently (I miss Carmel). I liked Carmel because it is clean, safe, pretty, it has  More

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Randal · Verona, WI
Prosperous EdgeCity Suburb Filled with Roundabouts
Over 7 years ago

This place has just about every corporate chain hotel imaginable. I come for business, and it is a nice place to do business. Carmel seems to sucking the corporate  More

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H · Indianapolis, IN
Carmel is the best
Over 10 years ago

Carmel is hands down the best place to live in  More

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Learn More About Coral Gables, Florida
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