Balanced MarketJune 2026

Cutler Bay Housing Market Report

Live MLS data · 100 active listings · $635K median · Updated June 2026

TL;DR

The Cutler Bay housing market has 100 active listings with a median asking price of $635K as of June 2026. 26% of listings have had a price reduction. Average price per square foot is $368, with homes spending an average of 71 days on market — a balanced market.

100

Active Listings

$635K

Median Price

$368

Avg $/sqft

71

Avg Days on Market

26%

Price Reduced

Price Distribution

Under $300K
13 (13%)
$300K–$500K
21 (21%)
$500K–$750K
31 (31%)
$750K–$1M
19 (19%)
$1M–$2M
13 (13%)
$2M+
3 (3%)

By Property Type

House
$749K
Condos
$258K
Townhouses
$400K

Median Price by Bedrooms — Cutler Bay

BedroomsActive ListingsMedian Price
Studio/1 BR13$228K
2 BR9$340K
3 BR34$630K
4 BR29$749K
5+ BR15$1.2M

ELLA AI Market Analysis — Cutler Bay

The Cutler Bay real estate market currently has 100 active listings as of June 2026, with a median asking price of $635K and an average of $368/sqft. Homes are spending an average of 71 days on market — conditions are relatively balanced between buyers and sellers.

Townhouses represent the best value in Cutler Bay right now, with an average price per square foot of $279 and a median asking price of $400K. There are currently 13 active townhouses listings available.

With 26% of listings having reduced their price and an average DOM of 71 days, Cutler Bay offers opportunities for both buyers and sellers. ELLA's IQ score analyzes each listing individually to identify the best-value opportunities.

Frequently Asked Questions — Cutler Bay Real Estate Market

What is the average home price in Cutler Bay right now?

As of June 2026, the median asking price in Cutler Bay is $635K, with an average of $715K. Prices range from $55K to $3.5M. The average price per square foot is $368.

Is Cutler Bay a buyer's or seller's market?

Cutler Bay is currently a balanced market. Homes average 71 days on market with 26% showing price reductions. Well-priced properties still move at a fair pace, and both sides can negotiate effectively.

How long do homes stay on the market in Cutler Bay?

As of June 2026, homes in Cutler Bay spend an average of 71 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.

What is the most affordable property type in Cutler Bay?

Townhouses are currently the most affordable by price per square foot in Cutler Bay, averaging $279/sqft with a median price of $400K. There are 13 active townhouses listings available.

How much can I save buying in Cutler Bay with Casa Simple?

Based on the median home price of $635K in Cutler Bay, Casa Simple buyers typically receive savings of $4K–$9K at closing. This is a closing cost credit — you pay nothing extra. The exact amount depends on purchase price and plan.

What is the average HOA fee in Cutler Bay?

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.

Ready to buy in Cutler Bay?

ELLA analyzes every listing in Cutler Bay with an AI-powered IQ score. Get up to $9K back at closing.

Cutler Bay Housing Market Report — June 2026 | Casa Simple