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Featured local agent — Cutler Bay, FL
Sarah Mitchell
Compass Real Estate · Cutler Bay, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Cutler Bay, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$600,000median sale price
How is the Cutler Bay, FL housing market right now?
The median home sale price in Cutler Bay, FL is $600,000, up 3.0% year-over-year. Homes sell in an average of 74 days with 220 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Cutler Bay a buyer's or seller's market?
Cutler Bay, FL is currently a leaning buyer's, based on 4.2 months of supply and homes selling in about 74 days. How we determine this →
Homes sold
53
Last 12 weeks
Days on market
74
Average pace
Active listings
220
4.2 months supply
Sale-to-list
97.7%
Below asking
What does the Cutler Bay housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $600,000 |
| Median list price | $607,450 |
| Year-over-year price change | +3.0% |
| Average days on market | 74 days |
| Active inventory | 220 listings |
| Months of supply | 4.2 months |
| Sale-to-list price ratio | 97.7% |
| Median price per sq ft | $325/sq ft |
| Homes sold (latest month) | 53 |
| New listings (latest month) | 64 |
| Listings with a price cut | 15.4% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Cutler Bay by property type?
How the Cutler Bay, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $646,250 | $341/sq ft | 44 | 68 days |
| Condo / Co-op | $290,000 | $238/sq ft | 6 | 75 days |
| Townhouse | $395,000 | $261/sq ft | 3 | 202 days |
Source: Redfin · Updated monthly
The Cutler Bay housing market is currently classified as a leaning buyer's with a median sale price of $600,000. Prices have risen 3.0% compared to last year, with homes spending an average of 74 days on market, indicating 4.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.9x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Cutler Bay
There are currently 220 homes listed for sale in Cutler Bay, Florida. The median listing price is $607K.
Active listings
220
Homes on market
Median list price
$607K
Avg. days on market
74
Days until sale
New this week
64
Newly listed
Who lives in Cutler Bay?
Population
44,483
Median income
$82,155/yr
Median age
40.5 years
Owner-occupied
69.6%
College grads
32.2%
Avg commute
40 min
Source: U.S. Census Bureau ACS
What are homes worth in Cutler Bay?
Zillow home value
$567,260
Zillow rent index
$2,642/mo
Price-to-rent ratio
17.9x
Price-to-income
6.9x
Source: Zillow Research
What is it like to live in Cutler Bay?
Cutler Bay is a community of approximately 44K residents with a median age of 40.5 years.The median household income is $82,155, which reflects a relatively affluent area with strong earning potential. 32.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 69.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 40 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Cutler Bay offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Cutler Bay?
10 schools tracked · 5,920 students
The largest public schools serving Cutler Bay, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
CUTLER BAY MIDDLE
Grades 6-8 · 973 students
MATER ACADEMY BAY ELEMENTARY
Grades K-5 · 966 students
DR. EDWARD L. WHIGHAM ELEMENTARY SCHOOL
Grades PK-5 · 696 students
GULFSTREAM ELEMENTARY SCHOOL
Grades PK-5 · 618 students
CUTLER BAY SENIOR HIGH SCHOOL
Grades 9-12 · 576 students
CORAL REEF MONTESSORI ACADEMY CHARTER SCHOOL
Grades K-8 · 510 students
MATER ACADEMY BAY MIDDLE SCHOOL
Grades 6-8 · 487 students
CUTLER RIDGE ELEMENTARY SCHOOL
Grades PK-5 · 404 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Cutler Bay, FL?
Want a head-to-head view? Compare Cutler Bay side-by-side with any other U.S. city using our market-comparison tool.
Is Cutler Bay a good real estate investment market?
For investors evaluating Cutler Bay, the price-to-rent ratio of 17.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 3.0% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Cutler Bay's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Cutler Bay's median home price.
Frequently asked questions
What is the average home price in Cutler Bay?
The median home sale price in Cutler Bay is $600,000, up 3.0% from last year.
How long do homes stay on market in Cutler Bay?
Homes typically spend 74 days on market before going under contract.
What is the median income in Cutler Bay?
The median household income is $82,155 per year.
Is Cutler Bay a buyer's or seller's market?
With 4.2 months of supply, Cutler Bay is currently a leaning buyer's.
What is the Zillow home value estimate for Cutler Bay?
The Zillow Home Value Index (ZHVI) for Cutler Bay is $567,260, representing the typical home value in the area.
What is the median condo price in Cutler Bay?
The median condo/co-op sale price in Cutler Bay, FL is $290,000, compared to $646,250 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Cutler Bay?
The median single-family home price in Cutler Bay, FL is $646,250 (about $341 per square foot).
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