Housing in Coral Way at a glance
- Population
- about 58,126
- Housing units
- about 25,165
- Median value, owner-occupied homes
- $535,000Miami: $518,100 (+3%)
- Median gross rent
- $1,880 a monthMiami: $1,758 (+7%)
- Owner-occupied homes
- 42.5%Miami: 30.8%
- Homes built before 1980
- 66.8%
- Median year built
- 1962
Start with the neighbours: Coconut Grove reports $1,345,000 in owner value, Little Havana $488,000 and Flagami $461,000, and Coral Way lands between them at $535,000. That is 3% over the Miami figure and puts the area in 5th place among the 10 sectors. Rent tells a similar story, since renters pay $1,880, running 7% above Miami's level and 4th on the list. Ownership is the sharper contrast. Households that own total 42.5%, which takes 3rd place and sits well above Miami's 30.8%, while Little Havana falls to 18.7%. Age matters too, with pre-1980 homes accounting for 66.8% of the stock and 1962 as its midpoint. Flagami, by contrast, with its $461,000 value and $1,620 rent, falls short of the city on value and rent alike. Coral Way lies toward the city's south-west, an older, owner-leaning pocket of the south-west where costs run above Miami's.
Questions about Coral Way
What is the median home value in Coral Way, Miami?
$535,000 for owner-occupied homes, against $518,100 for Miami as a whole (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary). It is the owners' own estimate of their home's value, not a sale price.
What is the median rent in Coral Way?
$1,880 a month in gross rent (rent plus utilities paid by the renter), against $1,758 in Miami (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary).
Do most people in Coral Way own or rent?
Most rent: 42.5% of occupied homes are owner-occupied, against 30.8% in Miami (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary).
Data and method
Data as of: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (retrieved 2026-11-02).
Estimate from the 16 census tracts whose internal point lies within the official boundary: counts are summed, and each median is recomputed from the summed value, rent and year-built brackets (grouped median, linear interpolation). The gap with the city is measured with the same method on the whole city.
Coral Way is one of the 10 most populous of 11 NET (neighborhood enhancement team) areas of Miami: estimated population about 58,126 (Payotte estimate: Census ACS 2020-2024 populations of the census tracts whose internal point lies inside the boundary; boundaries from City of Miami GIS, NET Areas, consulted 2026-11-02).
Sources: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates, tables B01003, B25001, B25003, B25034, B25063, B25064, B25075, B25077; U.S. Census Bureau, 2024 Gazetteer files (census tract internal points). City figures: the same survey, published for Miami as a whole. Home values are owners' estimates, not sale prices.
Near Coral Way
The closest sectors of Miami, by distance between population centres.
Other sectors of Miami
Five trades, one spot each
Payotte lists one professional per trade in Coral Way. No one is listed yet: every spot is open.
- Real estate agentOpen spot
- Mortgage loan officerOpen spot
- Home inspectorOpen spot
- Real estate attorneyOpen spot
- AppraiserOpen spot
Work in one of these trades in Coral Way? Ask for your spot.