Short Sale Listings in Coral Gables, FL

Foreclosure Homes in Coral Gables, FL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Coral Gables, FL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Coral Gables, FL and much more. Save thousands at closing with home foreclosure listings in Coral Gables, FL — up to 75% off market value!

Top Reasons To Live In Coral Gables, FL In 2023

Coral Gables is located in Miami-Dade, Florida, with an estimated municipal population of 49,700 residents. All of the best foreclosed homes for sale in Coral Gables are located in the following zip code areas on Foreclosure.com: 33146 33143 33134 33158 33156 33114 33206 33234. The estimated population per square kilometer (.62 miles) in Coral Gables is 1,484.

Cost Of Living In Coral Gables, FL

So, about how much do homes cost in Coral Gables? The most recent median value of resident-owned homes in Coral Gables is 845,803. An estimated 63.5 percent of households in Coral Gables own their homes, with an average family size of 3.23. The median household income in Coral Gables is 100,843, with50.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Coral Gables, the median commute time of resident workers (in minutes) is 25.1. And last, but certainly not least, are you looking for homes to rent in Coral Gables? If so, the average rent price paid by renters in Coral Gables is 1,693, according to recent statistics.

Diversity And Demographics In Coral Gables, Florida

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Coral Gables, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Coral Gables is 40.1, split between 47.7 percent male versus 52.3 female. The percentage of residents who report being married in Coral Gables is 48, with an average family size of 3.23.

The percentage of residents who report their race in Coral Gables is as follows:

Looking for family-friendly neighborhoods in and/or near Coral Gables? Or maybe you are searching for 55+ active adult communities in and/or near Coral Gables?

The percentage of residents who report their age in Coral Gables is as follows:

Best Schools In Coral Gables, Florida

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Coral Gables with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Coral Gables.

Pros And Cons Of Living In Coral Gables, Florida

How do you know that living in -- or moving to -- Coral Gables is right where you need to be? Perhaps you grew up in Coral Gables or already live nearby; therefore, the decision to buy a home in Coral Gables is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Coral Gables for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Coral Gables:

• What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
• What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
• What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
• What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Coral Gables.

Reasons To Move To Coral Gables, Florida, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Coral Gables can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Coral Gables, meanwhile, can field multiple offers from more qualified buyers.