Cutler Hammock
Homes for Sale in Palmetto Bay, FL
All 17 homes for sale in Palmetto Bay, FL · median $281,999 · 53 homes for sale in 33157 · Miami-Dade County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via MIAMI MLS
As of September 2026, Cutler Hammock in Palmetto Bay, FL has 1 home for sale. Over the 12 months ending 2026-09-20, 10 recorded sales closed at a median of $1,325,000, $508 per square foot, a median 37 days on market, sellers accepting 97% of original asking (-10% versus the prior year). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $23,310 ($22,600 with the full homestead exemption).
| Location | Palmetto Bay, Miami-Dade County, FL · ZIP 33157 |
|---|---|
| Sale prices, last 12 months | $1,325,000 median across 10 closed sales · $508 per sq ft · -10.2% vs the prior 12 months |
| Days on market (closed sales) | 37 median |
| For sale right now | 1 active, 1 pending · median asking $2,475,500 |
Data as of September 20, 2026. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “CUTLER HAMMOCK key facts,” movewithmomentum.com/neighborhoods/cutler-hammock, data as of September 20, 2026.
Last 30 days in Cutler Hammock: 1 new listing (median asking $2,475,500), 1 under contract right now. As of September 23, 2026, Listing information provided by the Southeast Florida MLS (SEFMLS) / MIAMI Association of REALTORS(R). Information is deemed reliable but not guaranteed by the MLS to be accurate.
Cutler Hammock is pricing at a median of $1,175,000, with a median price per square foot of $508.29 — a combination that points to larger or more finished homes trading in a tight window of activity. With only five closings feeding this snapshot, treat any single data point here as directional, not definitive.
The year-over-year figure is down 20.3%, which in a low-volume segment like this can reflect a genuine cooling or simply a different mix of homes selling this year versus last. A market heat score of 47 reads as roughly balanced — not a seller's sprint, not a buyer's giveaway. Homes are moving in just over 30 days on average, which is a normal, unhurried pace for this price tier.
Cutler Hammock right now
🔴 Off the recent peak. The trailing-12-month median ($1.33M) is down 10.2% from the prior 12 months ($1.48M) and up 194% since 2012. With about 6 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level MIAMI MLS closed sales, 12-month windows ending September 20. Confidence: Low (10 and 3 sales in the two windows).
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· Updated September 26, 2026 · Live data: MIAMI MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Cutler Hammock market snapshot (as of September 20, 2026): the median sale price is about $1.33M ($508 per sq ft over the trailing 12 months of closed sales), and a median 38 days on market for closed sales. The trailing-12-month median is down 10% from the prior 12 months and up 194% since 2012, computed from record-level MIAMI MLS closed sales (10 closings in the current window).
In ZIP 33157 (Palmetto Bay), 572 homes closed in the last 12 months at a median of $588K ($383/sq ft), down 1.6% year over year, with a median 52 days on market. Right now 199 active and 76 pending listings put supply at about 3.6 months — a balanced market. See the live ZIP 33157 housing market and the Miami-Dade County market.
MIAMI REALTORS sales records identify 66 homes in CUTLER HAMMOCK that have changed hands since 2006, built between 1973 and 1993 (median 1975), with a median living area of about 2,772 sq ft and a typical 4-bedroom, 2.5-bath layout; 100% are single-family homes. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Cutler Hammock sits in the upper price tier for Miami-Dade, where a small number of transactions can swing the numbers meaningfully from quarter to quarter. The current snapshot reflects a market in transition rather than a settled trend line.
Who Cutler Hammock is best for.
Best for
- Buyers with a defined budget in the upper price tier who are comfortable making a decision without a deep bench of comparable sales.
- Sellers who can price based on condition and finish level rather than leaning on a large recent sales history.
- Buyers willing to move deliberately over several weeks rather than expecting a fast-paced bidding environment.
Probably not for
- Buyers who want to lean heavily on recent comparable sales before committing to an offer.
- Sellers expecting a high-volume market with frequent, easy-to-track pricing signals.
- Anyone assuming the year-over-year change reflects a stable, ongoing trend rather than a small-sample fluctuation.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level MIAMI MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($1.33M) IS the median in the snapshot above, and the move from 2025 ($1.48M) IS the -10.2% one-year change.
Windows contain 1 to 10 sales each (10 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Deemed reliable but not guaranteed.
36% of homes for sale in ZIP 33157 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-24).
Cutler Hammock Market Scorecard
Cutler Hammock is currently a balanced market., a median asking price of $2,475,500, and homes go under contract in about 4 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: MIAMI MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in Cutler Hammock
Live MLS inventory for Cutler Hammock. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Cutler Hammock listings as of 2026-09-18, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Tap any home to ask about it.
Every Home for Sale in Cutler Hammock Right Now (2)
All 2 active and pending Cutler Hammock listings with a detail page, newest first, refreshed twice a day from the MLS.
- 7440 SW 174th St · $2,475,500 · 5 bd / 4 ba · listed Sep 15, 2026 · listed by Florida Realty of Miami Corp
- 7501 SW 174th St · $2,200,000 · 6 bd / 3 ba · pending · listed Jun 27, 2026 · listed by Alyons Int'l Realty Inc
The Cutler Hammock buying strategy.
If we were buying in Cutler Hammock today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Cutler Hammock.
Reading a thin data set correctly
With a closings window of just five sales, Cutler Hammock is not a high-volume market, and that changes how you should use every number in this snapshot. The median price of $1,175,000 and price per square foot of $508.29 tell you where recent deals landed, but they should not be read as a firm ceiling or floor — the next closing could move both figures noticeably.
The 20.3% year-over-year decline is worth investigating property by property rather than accepting at face value. In a market this size, one larger or more dated home selling instead of a renovated one can produce a swing like this without signaling a broad repricing of the community. A market heat score of 47 and a median 32-day time on market both suggest a segment that is neither under pressure to move fast nor sitting stagnant — buyers have room to be deliberate, and sellers still have leverage on a well-presented listing.
The location and the amenities are priced into every listing in Cutler Hammock. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Cutler Hammock buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (7.1). Basis: Long-Term Appreciation +194% since 2012; Recent Direction -10.2% year-over-year; Pricing Power 96.9% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market with this few closings, pulling the right comparables — and knowing which ones to discount — matters more than in a high-volume neighborhood. We track Cutler Hammock's individual sales as they happen rather than relying on aggregate trend lines that can mislead when the sample is this small.
Cutler Hammock in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Cutler Hammock buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Cutler Hammock sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Cutler Hammock, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Cutler Hammock home worth?
Get a no-obligation home value based on real comparable sales in Cutler Hammock, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Palmetto Bay →
Recently off market in CUTLER HAMMOCK
Homes in CUTLER HAMMOCK that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 4 on record.
- 7201 SW 174th St · off market
- 7844 SW 179th Ter · off market
- 7864 SW 179th Ter · off market
- 7885 SW 179th Ter · off market
Frequently Asked Questions
What is the median home price in Cutler Hammock?
How long do homes in Cutler Hammock take to sell?
Have Cutler Hammock home prices gone up?
Who is the best real estate agent for Cutler Hammock?
How do I find a top Palmetto Bay real estate agent who knows Cutler Hammock?
Can Momentum Realty connect me with an agent for Cutler Hammock?
Where is Cutler Hammock, and what county is it in?
Should you buy in Cutler Hammock?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: September 18, 2026) |
| Community market stats | MIAMI MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (72 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how CUTLER HAMMOCK fits the bigger picture — live prices, inventory, and Momentum Scores:
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