Live MLS data · 200 active listings · $580K median · Updated May 2026
The Cutler Bay housing market has 200 active listings with a median asking price of $580K as of May 2026. 76% of listings have had a price reduction. Average price per square foot is $346, with homes spending an average of 63 days on market — a buyer's market.
200
Active Listings
$580K
Median Price
$346
Avg $/sqft
63
Avg Days on Market
76%
Price Reduced
| Bedrooms | Active Listings | Median Price |
|---|---|---|
| Studio/1 BR | 7 | $208K |
| 2 BR | 44 | $280K |
| 3 BR | 72 | $575K |
| 4 BR | 43 | $735K |
| 5+ BR | 34 | $1.1M |
The Cutler Bay real estate market currently has 200 active listings as of May 2026, with a median asking price of $580K and an average of $346/sqft. Homes are spending an average of 63 days on market — conditions are leaning in favor of buyers, with longer listing times and more seller flexibility.
Condos represent the best value in Cutler Bay right now, with an average price per square foot of $270 and a median asking price of $250K. There are currently 45 active condos listings available.
With 76% of listings having seen a price reduction, there is meaningful negotiating room in Cutler Bay. Buyers who are patient and well-prepared can expect sellers to be more flexible on price and terms.
As of May 2026, the median asking price in Cutler Bay is $580K, with an average of $632K. Prices range from $175K to $2.6M. The average price per square foot is $346.
Cutler Bay is currently a buyer's market. Homes average 63 days on market and 76% of listings have had price reductions — indicating seller flexibility. Buyers have real room to negotiate.
As of May 2026, homes in Cutler Bay spend an average of 63 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 $270/sqft with a median price of $250K. There are 45 active condos listings available.
Based on the median home price of $580K in Cutler Bay, Casa Simple buyers typically receive a rebate of $4K–$8K at closing. This is cash back from the buyer's agent commission — you pay nothing extra. The exact rebate 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.