Coral Terrace, FL has a median housing value of $410,000, which is significantly higher than the US median housing value of $338,100. Furthermore, while the US has seen a 1 year house appreciation rate of 8.27%, Coral Terrace, FL has experienced an even higher appreciation rate of 22.93%. This makes it a great place to invest in real estate; with its high prices and substantial appreciation rate, it is no surprise that many people have chosen to purchase homes in Coral Terrace, FL.
The median home cost in Coral Terrace is $410,000. Home appreciation the last 10 years has been 179.0%. Home Appreciation in Coral Terrace is up 25.1%.
Average Age of Homes
- The median age of Coral Terrace real estate is 61 years old
The Rental Market in Coral Terrace
- Renters make up 30.7% of the Coral Terrace population
- 1.2% of houses and apartments in Coral Terrace, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.