Cutler Bay, FL housing market
The typical Cutler Bay home is worth about $564,000, about the same as a year ago, 50% above the Florida typical home. Homes typically sell in 74 days, below asking.
Home values, sales, trends and how Cutler Bay compares with the towns next door — updated as new data is published.
Cutler Bay at a glance
A balanced market
About 4.2 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Cutler Bay | Florida |
|---|---|---|
| 2017 | $263,000 | $209,000 |
| 2018 | $285,000 | $226,000 |
| 2019 | $306,000 | $242,000 |
| 2020 | $321,000 | $253,000 |
| 2021 | $360,000 | $276,000 |
| 2022 | $428,000 | $340,000 |
| 2023 | $499,000 | $392,000 |
| 2024 | $551,000 | $402,000 |
| 2025 | $575,000 | $397,000 |
| 2026 | $562,000 | $377,000 |
| August 2026 | $564,000 | $376,000 |
Cutler Bay and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Cutler Bay | $564K | +0.3% | 74 | $89,244 |
| Palmetto Bay | — | — | 89 | $142,447 |
| South Miami Heights | — | — | 61 | $65,417 |
| Goulds | — | — | 77 | $61,735 |
6.3 years of income
The typical Cutler Bay home costs about 6.3 years of the town's median household income, more than across Florida (5 years).
How Cutler Bay ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.