Coral Gables

Overview for Coral Gables, FL

49,243 people live in Coral Gables, where the median age is 39 and the average individual income is $82,686. Data provided by the U.S. Census Bureau.

49,243

Total Population

39 years

Median Age

High

Population Density Population Density This is the number of people per square mile in a neighborhood.

$82,686

Average individual Income

Welcome to Coral Gables

Nestled in the heart of Miami, Coral Gables stands as a sophisticated and meticulously planned community, often referred to as "The City Beautiful." Known for its Mediterranean Revival architecture, tree-lined streets, and a commitment to preserving its historic charm, Coral Gables offers an unparalleled living experience. The city is home to an array of upscale boutiques, art galleries, and world-class dining establishments, notably along the iconic Miracle Mile. From elegant fine dining to trendy cafes, the culinary scene in Coral Gables caters to a diverse range of palates, making it a culinary destination for residents and visitors alike.

Coral Gables is also renowned for its top-notch schools, with a commitment to education evident in its exemplary public and private institutions. The city's dedication to green spaces and cultural enrichment is evident in attractions like the Fairchild Tropical Botanic Garden and the Coral Gables Museum. Residents can indulge in a variety of entertainment options, including live performances at the historic Miracle Theatre or leisurely strolls through the picturesque Venetian Pool, a natural spring-fed pool with cascading waterfalls.

The real estate market in Coral Gables is characterized by a mix of luxurious single-family homes, elegant condominiums, and historic estates. The Coral Gables lifestyle appeals to those seeking a combination of upscale living, cultural richness, and a strong sense of community. With its commitment to preserving its historic character while embracing modern amenities, Coral Gables stands as a premier destination for those looking to invest in a refined and vibrant community within the Miami metropolitan area.

Why Live in Coral Gables, FL

Coral Gables — fondly known as "The City Beautiful" — is one of South Florida's most distinctive and enduring communities, built in the 1920s by developer George Merrick on a foundation of Mediterranean Revival architecture, tree-lined boulevards, and the conviction that a planned city could be genuinely beautiful. Its iconic Mediterranean Revival architecture, lush tree-lined streets, excellent schools, and convenient access to Miami continue to draw serious home buyers who want the depth of history and civic character that most Miami-area communities were never built to provide.

Coral Gables has mandatory architectural standards, well-funded city services, excellent schools — public and private — and consistently strong demand from domestic and international buyers. It is one of the most defensible luxury markets in South Florida. The combination of the Biltmore Hotel, Miracle Mile's dining and retail corridor, the University of Miami, the Venetian Pool, and some of the finest private waterfront estates in the country gives Coral Gables a lifestyle completeness that its neighbors in Miami-Dade consistently envy.

Coral Gables, FL Real Estate

The average Coral Gables home value is $1,338,114, up 1.6% over the past year, with homes going to pending in around 24 days. That citywide average masks enormous variation between market tiers — entry-level condos start below $500K, single-family homes in the broader Coral Gables market start around $800K to $1.2M, the luxury and waterfront tier starts at $2.5M to $4M, and the top of the market in Gables Estates and Journey's End runs to $80M and beyond.

Over the past twelve months, Coral Gables recorded 585 closed sales, with roughly 309 available for sale. The market may look balanced on paper, but different neighborhoods, streets, and price points are moving at different speeds — broad averages can be misleading. Low inventory in the most desirable areas means well-prepared sellers often see competitive offers when homes are marketed effectively. New York homebuyers searched to move into Coral Gables more than any other out-of-metro, followed by Washington and San Francisco — a migration pattern reflecting both Florida's tax advantages and Coral Gables' specific prestige.

Frequently Asked Questions About Coral Gables, FL Real Estate

What is the average home price in Coral Gables, FL?
The average Coral Gables home value is $1,338,114, up 1.6% over the past year. The median sale price in March 2026 was $1,785,000. Entry-level condos start below $500K, single-family homes start around $800K to $1.2M, and the luxury and waterfront tier starts at $2.5M to $4M, with Gables Estates and Journey's End properties trading to $80M and beyond.

What types of homes are available in Coral Gables, FL?
Coral Gables offers Mediterranean Revival and Spanish-inspired single-family homes throughout its residential core, gated waterfront estates with deep-water dockage in Gables Estates, Cocoplum, and Journey's End, condominiums ranging from entry-level to luxury, and a range of architectural styles from original 1920s Merrick-era construction to fully renovated and new custom residences.

Is Coral Gables a good place for families?
Yes. Coral Gables has mandatory architectural standards, well-funded city services, and excellent schools both public and private, alongside the University of Miami's cultural and academic programming, Miracle Mile's walkable dining and retail, and a community character that is as family-oriented as any neighborhood in the Miami area.

How are the commuting options from Coral Gables?
Coral Gables is connected to downtown Miami via the Metrorail at the Douglas Road and University stations, and to Brickell and the financial district via US-1. The Coral Gables Trolley provides free service throughout the city's commercial and residential corridors. Most residents rely primarily on personal vehicles, but the city's walkability near Miracle Mile and the Biltmore reduces car dependence for daily errands.

What is the lifestyle like in Coral Gables?
Life in Coral Gables is defined by the city's Mediterranean character, its extraordinary civic infrastructure — the Biltmore Hotel, the Venetian Pool, Matheson Hammock Park, the Miracle Mile dining and retail scene — and the quiet, shaded streets of a neighborhood that has consistently prioritized beauty, standards, and community over commercial expedience for a century.

Is Coral Gables a good real estate investment?
Ultra-prime waterfront in Coral Gables has pulled away from inland values over the past decade — the waterfront premium has expanded, not compressed. Cocoplum is up 175% and Gables Estates is up 162% over ten years. Coral Gables is one of the most defensible luxury markets in South Florida, with mandatory architectural standards, low new supply, strong international demand, and Florida's tax advantages combining to sustain long-term value in a way that few Miami-Dade markets can reliably replicate.

Around Coral Gables, FL

There's plenty to do around Coral Gables, including shopping, dining, nightlife, parks, and more. Data provided by Walk Score and Yelp.

5

Car-Dependent

Walking Score

27

Somewhat Bikeable

Bike Score

Points of Interest

Explore popular things to do in the area, including BE Pilates, Za Yoga, and Le Réflexion Salon.

Name	Category	Distance	Reviews	Ratings by Yelp
Visit the BE Pilates page on Yelp Search 151 Sevilla Ave on Google Maps	Active	4.85 miles	4 reviews	5/5 stars
Visit the Za Yoga page on Yelp	Active	3.16 miles	3 reviews	5/5 stars
Visit the Le Réflexion Salon page on Yelp Search 2255 S Douglas Rd on Google Maps	Beauty	4.97 miles	8 reviews	5/5 stars
Visit the Terry Jacobs Make Up Studio page on Yelp	Beauty	3.81 miles	6 reviews	5/5 stars
Visit the Hair Station page on Yelp Search 5604 Sunset Dr on Google Maps	Beauty	2.9 miles	7 reviews	4.9/5 stars

Demographics and Employment Data for Coral Gables, FL

Population Households Employment

Coral Gables has 18,941 households, with an average household size of 2.28. Data provided by the U.S. Census Bureau. Here’s what the people living in Coral Gables do for work — and how long it takes them to get there. Data provided by the U.S. Census Bureau. 49,243 people call Coral Gables home. The population density is 3,809.3 and the largest age group is Data provided by the U.S. Census Bureau.

49,243

Total Population

High

Population Density Population Density This is the number of people per square mile in a neighborhood.

39

Median Age

46 / 54%

Men vs Women

Population by Age Group

0-9:

0-9 Years

10-17:

10-17 Years

18-24:

18-24 Years

25-64:

25-64 Years

65-74:

65-74 Years

75+:

75+ Years

Education Level

Less Than 9th Grade
High School Degree
Associate Degree
Bachelor Degree
Graduate Degree

18,941

Total Households

2.28

Average Household Size

$82,686

Average individual Income

Households with Children

With Children:

Without Children:

Marital Status

Married

Single

Divorced

Separated

Blue vs White Collar Workers

Blue Collar:

White Collar:

Commute Time

0 to 14 Minutes

15 to 29 Minutes

30 to 59 Minutes

60+ Minutes

Schools in Coral Gables, FL

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Primary Schools ()

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High Schools ()

Mixed Schools ()

The following schools are within or nearby Coral Gables. The rating and statistics can serve as a starting point to make baseline comparisons on the right schools for your family. Data provided by the U.S. Census Bureau.

Type

Name