Home Values in Coral Springs, Florida — 2026 Market Report
Updated March 2026 | Buyer's Market | +7.8% YoY
The median home value in Coral Springs, Florida is $445,000 as of March 2026, which is above the national median of $400,000. Home values in Coral Springs have increased by 7.8% over the past year and 45.6% over the last five years. With a population of 134,394 and a median household income of $68,250, the price-to-income ratio stands at 6.5x, making Coral Springs affordable for the average household.
Coral Springs Housing Market Conditions
| Metric | Coral Springs | National Avg |
|---|---|---|
| Median Home Value | $445,000 | $400,000 |
| YoY Appreciation | +7.8% | +3.8% |
| 5-Year Appreciation | +45.6% | +22.4% |
| Price per Sq Ft | $215 | $222 |
| Days on Market | 36 days | 45 days |
| Months of Supply | 5 | 3.5 |
| List-to-Sale Ratio | 97.4% | 98.5% |
| Monthly Homes Sold | 76 | — |
| Foreclosure Rate | 0.72% | 0.3% |
Home Value Trends in Coral Springs
A homeowner who purchased at the median price of $305,632 five years ago in Coral Springs would have gained approximately $139,368 in equity, representing a 45.6% return on investment. Over the past year alone, the typical homeowner gained $32,199 in home equity.
Affordability in Coral Springs, FL
With a median household income of $68,250 and a median home price of $445,000, the price-to-income ratio in Coral Springs is 6.5x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $3,487 compared to estimated monthly ownership costs of $2,432 gives a rent-vs-buy ratio of 0.70. In Coral Springs, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in Coral Springs
The effective property tax rate in Florida is 0.86%. On a home valued at $445,000, the estimated annual property tax bill is $3,827, or approximately $319/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in Coral Springs is 108.5 (100 = national average), indicating living costs are near the national average.
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Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in Coral Springs, FL?
The median home value in Coral Springs, Florida is $445,000 as of March 2026. Home values have changed +7.8% over the past year, with a 5-year appreciation of 45.6%.
Is Coral Springs a buyer's or seller's market?
Coral Springs is currently a buyer's market with 5 months of housing supply. Homes spend an average of 36 days on market, and the list-to-sale price ratio is 97.4%. Supply and demand are relatively balanced.
Are home values going up in Coral Springs?
Yes, home values in Coral Springs have increased by 7.8% over the past year. The 5-year appreciation rate is 45.6%, meaning a home worth $305,632 five years ago is now worth $445,000.
Is it better to rent or buy in Coral Springs?
The average monthly rent in Coral Springs is $3,487, while estimated monthly homeownership costs are approximately $2,432. The price-to-rent ratio is 10.6. Based on current conditions, buying may be more cost-effective than renting in this market.
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Disclaimer: Home value data for Coral Springs, Florida is based on publicly available market data and estimates. Actual home values may vary based on property condition, location within the city, and current market conditions. Data is updated regularly but may not reflect the most recent transactions. Last updated: March 2026.