Live MLS data · 100 active listings · $614K median · Updated August 2026
The Cutler Bay housing market has 100 active listings with a median asking price of $614K as of August 2026. 19% of listings have had a price reduction. Average price per square foot is $361, with homes spending an average of 58 days on market — a balanced market.
100
Active Listings
$614K
Median Price
$361
Avg $/sqft
58
Avg Days on Market
19%
Price Reduced
| Bedrooms | Active Listings | Median Price |
|---|---|---|
| Studio/1 BR | 8 | $215K |
| 2 BR | 16 | $300K |
| 3 BR | 40 | $600K |
| 4 BR | 24 | $725K |
| 5+ BR | 12 | $850K |
The Cutler Bay real estate market currently has 100 active listings as of August 2026, with a median asking price of $614K and an average of $361/sqft. Homes are spending an average of 58 days on market — conditions are relatively balanced between buyers and sellers.
Condos represent the best value in Cutler Bay right now, with an average price per square foot of $275 and a median asking price of $280K. There are currently 20 active condos listings available.
With 19% of listings having reduced their price and an average DOM of 58 days, Cutler Bay offers opportunities for both buyers and sellers. ELLA's IQ score analyzes each listing individually to identify the best-value opportunities.
As of August 2026, the median asking price in Cutler Bay is $614K, with an average of $627K. Prices range from $115K to $2.5M. The average price per square foot is $361.
Cutler Bay is currently a balanced market. Homes average 58 days on market with 19% showing price reductions. Well-priced properties still move at a fair pace, and both sides can negotiate effectively.
As of August 2026, homes in Cutler Bay spend an average of 58 days on market before going under contract. This varies by price range and property type — condos and lower-priced homes typically move faster. ELLA's IQ score flags listings that have been sitting longer than expected, often indicating negotiation opportunity.
Condos are currently the most affordable by price per square foot in Cutler Bay, averaging $275/sqft with a median price of $280K. There are 20 active condos listings available.
Based on the median home price of $614K in Cutler Bay, Casa Simple buyers typically receive savings of $4K–$8K at closing. This is a closing cost credit — you pay nothing extra. The exact amount depends on purchase price and plan.
HOA fees are not aggregated at the city level in our market report. Fees vary widely by building, community, and property type — condos typically have higher fees than single-family homes. Each listing on Casa Simple shows the HOA fee when available. For condo buildings, visit the building's dedicated page to see estimated average HOA fees.
ELLA analyzes every listing in Cutler Bay with an AI-powered IQ score. Get up to $8K back at closing.