Homes Under $500K in Coral Gables, FL

There are 37 homes under $500K for sale in Coral Gables, Florida right now, priced from $250K to $499K. The median list price is $379,000. That puts this segment 81% below the overall Coral Gables median of $1,975,000 across 311 active listings.

These homes average 794 square feet of living area on lots averaging 0.10 acres. Average pricing runs $481 per square foot versus $1,853 citywide. The median year built is 1970.

This segment averages 103 days on market, 9 days faster than the Coral Gables average of 112. The median closed-sale price in Coral Gables is $1,400,000. Deals close at 94.8% of list price. The absorption rate is 11.6%.

The largest concentration is in Puerta De Palmas Condo, with 5 available listings. The rest is spread across 18 other communities and 3 ZIP codes.

María Delgado works the South Florida market daily and can send you the full list with photos, association documents and recent comparables — in English or Spanish.