Cutler Bay, FL (33189) housing scorecard.
85 homes for sale in 33189 right now, median $609,000 · all 78 homes for sale in Cutler Bay
As of 2026-09-24, the typical home in Cutler Bay, FL (33189) is worth $550,267, up about 7.0% a year over five years; the Momentum Market Score is 29/100 (expensive against incomes and tight for buyers). Data from Zillow, Realtor.com and the U.S. Census; score by Momentum Realty.
Home value, rent, cap rate, 5-year growth, price versus incomes and our 0 to 100 Momentum Market Score for ZIP 33189, free.
The typical home costs about 8.28 times the local median income, about 66.9% richer than the Florida norm, so value is stretched here. Gross rent yield is around 6.11%. Values are up roughly 7.0% a year over the last five years. Owning the typical home at today's 6.95% 30-year rate takes about 52.6% of a median income in principal and interest, the affordability squeeze in one number. About 21.8% of listings have cut their price.
Typical home value, last 13 months
What drives the score
Each bar ranks this ZIP against every other Florida ZIP (0 = lowest, 100 = highest) on that input, then weighted into the score. Full methodology.
Common questions
Is Cutler Bay, FL (33189) a buyer's or seller's market?
By the Momentum Market Score, Cutler Bay, FL (33189) reads frothy (29 out of 100), meaning it is expensive against incomes and tight for buyers. The score blends value versus incomes, price cuts, inventory growth, affordability and rent yield.
What is the typical home value in Cutler Bay?
About $550,267 (Zillow Home Value Index, 2026-09-24), up roughly 7.0% a year over five years.
Where does this data come from?
Zillow Research (home value, rent), Realtor.com (days on market, listings), U.S. Census (income, population), Freddie Mac via FRED (rate). Score and derived metrics by Momentum Realty, methodology here.
Data: Zillow Research, Realtor.com, U.S. Census Bureau ACS, and Freddie Mac 30-Year Fixed Rate Mortgage Average [MORTGAGE30US] via FRED. Score by Momentum Realty.
Housing distress & ownership in ZIP 33189
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period August 2026 through August 2026. Deemed reliable but not guaranteed.
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