Housing in Cutler Bay, FL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$602,500

Median List Price

$622,000

Price Per Sq Ft

$363

Days on Market

98

Active Inventory

234

Months of Supply

9.0

Buyer's market

Zillow Home Value

$555,399

ZHVI — January 2026

Zillow Rent Index

$2,836

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 0.4%List Price 7.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

7.7%

Off Market in 2 Weeks

13.9%

Sale-to-List Ratio

97.5%

Buyer's market

Sold Above Asking
7.7%
Under Contract in 2 Wks
13.9%
Listings with Price Drops
21.8%

Market Activity

Source: Redfin

Homes Sold

26

New Listings

68

Pending Sales

43

Homes Sold 25.7%New Listings 19.3%Pending 30.6%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$363

Median List $/SF

$357

Sale $/SF 16.0%List $/SF 11.2%Mar 24Jan 26

Cutler Bay vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Cutler Bay is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$420,800

Median Rent

$1,893

Total Housing Units

15,138

Vacancy Rate

4.0%

Owner Occupied

69.6%

Renter Occupied

30.4%

Median Property Tax

$3,749

per year

Monthly Cost (w/ Mortgage)

$2,014

Housing Types

Single Family
81.3%
Multi-Family
18.4%
Mobile Home
0.3%

The current median sale price in Cutler Bay, FL is $602,500 according to Redfin data. Homes spend a median of 98 days on the market. 7.7% of homes sold above asking price. The market has 9.0 months of supply. The median price per square foot is $363. Zillow's observed rent index is $2,836/month. About 69.6% of housing units are owner-occupied. The median year homes were built is 1985. There are 15,138 total housing units.