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Coral Hills

Learn about the people, housing, costs and businesses in Coral Hills, Maryland

Median Home$340,982
Median Rent$1,644/month
Population10,318
Leading IndustriesFinance & Insurance · Information & Media8% finance & insurance
Home Value Growth⬆⬆+11.6% over 2 years
Retirees23% of residentsslightly above average
Homeowners73% of occupied units
NotableTransit82/100 · excellent transit access
NotableVeteran Community10% of residents · top 14% nationally
Coral Hills
MD

Frequently Asked Questions

What are today's mortgage rates in Coral Hills?

As of today, the 30-year fixed mortgage rate for Coral Hills is approximately 6.960% (6.998% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Coral Hills?

The median home value in Coral Hills is $341k. The median monthly rent is $1,644. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Coral Hills?

Home values in Coral Hills have increased 11.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Coral Hills?

Based on a typical all-in ownership cost of $1,724/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $74k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Coral Hills is $80k/year.

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What industries drive the economy in Coral Hills?

The largest employment sectors in Coral Hills are public administration (20%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.