Cutler Bay, FL housing market

The median sale price in Cutler Bay, FL was $600K in May 2026, up 3.0% year over year, measured across homes that actually closed that month (Redfin). The three months through May 2026 averaged $587K, easing from $621K across the three months before that. That puts prices 5.5% below the strongest three-month stretch on record here, which ended in Feb 2026 at $621K. Zillow's home value index, which models the entire housing stock rather than only the homes that changed hands, reads $567K for Jun 2026, down 0.8% year over year.

Buyers had 220 homes to choose from in May 2026, down 12.3% year over year (Redfin). At the current sales pace that standing inventory works out to 4.2 months of supply; convention treats four to six months as a balanced market, which puts Cutler Bay, FL squarely inside it. 64 homes came to market in May 2026, down 9.9% year over year, against 53 closings, up 20.4% year over year. Homes that sold in May 2026 took a median of 74 days to go under contract, 19 days slower than this market's usual May pace.

Competition is measurable in the closings themselves: 19% settled above asking, and the average sale landed at 98% of its final list price. 15% of listings carried a price cut in May 2026.

This page tracks 10 monthly housing series for Cutler Bay, FL — median sale price, ZHVI home value, inventory (active), median days on market, months of supply, homes sold, and more — sourced from Redfin, Zillow ZHVI, running from Aug 2016 through Jun 2026. Chart any of them below, switch between levels and year-over-year change, or add nearby Florida markets to compare side by side.