Cutler Hammock in Palmetto Bay

Cutler Hammock
Homes for Sale in Palmetto Bay, FL

All 15 homes for sale in Palmetto Bay, FL · median $315,000 · 70 homes for sale in 33157 · Miami-Dade County homes for sale

Community in Palmetto Bay · Miami-Dade County · ZIP 33157
Median sale $1.33M
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Photo via MIAMI MLS

Built fromLive MIAMI MLS dataUpdated twice daily

As of November 2026, Cutler Hammock in Palmetto Bay, FL has 2 homes for sale. Over the 12 months ending 2026-11-10, 4 recorded sales closed at a median of $1,325,000, $463 per square foot, a median 97 days on market, sellers accepting 86% of original asking. Homes listed or recently sold were built 1974–1983. 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).

Live · Cutler Hammock Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$1.33M
Median sold · 12 mo
$463/sf
Sold $/sqft · 12 mo
peak $463 in 2026
85.7%
Sale vs ask
Miami-Dade median: 94.4%
Tempo
6.0mo
Supply
3 to 6 months is the balanced band
97days
Median DOM · closed
97 days at the 2026 low
33%
Under contract
Miami-Dade: 13% (2,241 of 16,748)
2 · 1
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 4 a year
Track record · 0 years of records
2,864sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 22, 2026

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.

Figures in this note are as of July 22, 2026. The live market numbers elsewhere on this page update nightly and are newer.

Cutler Hammock Housing Pulse · Momentum Research · as of November 10, 2026

Cutler Hammock right now

🟡 Balanced market. 6.0 months of supply and 33% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of MIAMI MLS records, as of November 10, 2026. Confidence: Medium (3 active and pending listings, 4 closed sales in 12 months).

What's unique here: the median sale price is about 2x the typical Miami-Dade County sale ($1.33M vs $550K, trailing 12 months, MIAMI MLS records).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated November 13, 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 November 10, 2026): the median sale price is about $1.33M ($463 per sq ft over the trailing 12 months of closed sales), a median 97 days on market for closed sales, and 6.0 months of supply, a balanced market.

In ZIP 33157 (Palmetto Bay), 121 homes closed in the last 12 months at a median of $656K ($386/sq ft), with a median 47 days on market. Right now 114 active and 31 pending listings put supply at about 11.3 months — a buyer's 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.

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.

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 2026-11-13, 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 2026 through 2026. Tap any home to ask about it.

Every Home for Sale in Cutler Hammock Right Now (3)

All 3 active and pending Cutler Hammock listings with a detail page, newest first, refreshed twice a day from the MLS.

  • 17843 SW 77th Ct · $1,650,000 · 5 bd / 4 ba · pending · listed Oct 2, 2026 · listed by Coldwell Banker Realty
  • 7521 SW 175th St · $1,875,000 · 5 bd / 4 ba · listed Sep 25, 2026 · listed by Innovations Realty, Inc.
  • 7440 SW 174th St · $2,475,500 · 5 bd / 4 ba · listed Sep 15, 2026 · listed by Florida Realty of Miami Corp

If we were buying in Cutler Hammock today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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.

Best Buy
Buyers and sellers dealing in a higher price tier with realistic expectations about a thin resale market.
Biggest Risk
With only five closings feeding this snapshot, any single sale can distort what the numbers appear to say.
Sweet Spot
Homes priced and presented in line with the community's $508.29 per square foot benchmark tend to align best with recent activity.
Avoid If
Skip this community if you need a large pool of recent comps to validate a price with confidence.

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.

Jon Brooks · Founder, Momentum Realty

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.

Best forBuyers and sellers dealing in a higher price tier with realistic expectations about a thin resale market.
Biggest advantageSellers benefit from a median 32-day pace, which leaves room to hold a firm price without rushing a decision.
Biggest riskWith only five closings feeding this snapshot, any single sale can distort what the numbers appear to say.
Sweet spotHomes priced and presented in line with the community's $508.29 per square foot benchmark tend to align best with recent activity.
Avoid ifSkip this community if you need a large pool of recent comps to validate a price with confidence.
The takeaway

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.

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.

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Real comps, not an automated estimate.

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. 5 on record.

Cutler Hammock key facts
LocationPalmetto Bay, Miami-Dade County, FL · ZIP 33157
Sale prices, last 12 months$1,325,000 median across 4 closed sales · $463 per sq ft
Days on market (closed sales)97 median
For sale right now2 active, 1 pending · median asking $2,175,250 · 6.0 months of supply

Data as of November 10, 2026. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2026 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “Cutler Hammock key facts,” movewithmomentum.com/neighborhoods/cutler-hammock, data as of November 10, 2026.

Just listed in Cutler Hammock

The newest homes for sale in Cutler Hammock right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.

Checked against the MLS nightly. All new listings in this market.

How much local inventory is already under contract

17% 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 (2026-11-11).

What it really costs to own in Cutler Hammock

The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.

Property taxCurrent owners' bills run a median of $12,481/yr across 3 listings here (MLS tax records, 2026-11-13).
Home and flood insuranceThe average Citizens Property Insurance premium in Miami-Dade County is $1,891/yr (56,357 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction.
Roof and ageMedian build year 1974 across 3 listings. An original roof here would be about 52 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails.

Email me new listings in Cutler Hammock

One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Cutler Hammock

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Cutler Hammock will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

Frequently Asked Questions

What is the median home price in Cutler Hammock?
The median sale price in Cutler Hammock was $1.33M over the 12 months ending November 10, 2026 (4 closed sales, MIAMI MLS).
How long do homes in Cutler Hammock take to sell?
Homes that closed in the 12 months ending November 10, 2026 took a median 97 days on market (4 sales, MIAMI MLS).
Is Cutler Hammock a buyer's or seller's market right now?
As of November 10, 2026, Cutler Hammock is roughly balanced: 6.0 months of supply at the current sales pace (MIAMI MLS live counts).
Who is the best real estate agent for Cutler Hammock?
The best agent for Cutler Hammock is one who actively works Palmetto Bay and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Cutler Hammock.
How do I find a top Palmetto Bay real estate agent who knows Cutler Hammock?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Cutler Hammock and the wider Palmetto Bay area.
Can Momentum Realty connect me with an agent for Cutler Hammock?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Cutler Hammock purchase or sale - no call center and no pressure.
Where is Cutler Hammock, and what county is it in?
Cutler Hammock is in Palmetto Bay, Miami-Dade County, FL, ZIP 33157.
Buyers with a defined budget in the upper price tier who are comfortable making a decision without a deep bench of comparable sales.Excellent fit
Sellers who can price based on condition and finish level rather than leaning on a large recent sales history.Excellent fit
Buyers willing to move deliberately over several weeks rather than expecting a fast-paced bidding environment.Excellent fit
Buyers who want to lean heavily on recent comparable sales before committing to an offer.Probably not
Sellers expecting a high-volume market with frequent, easy-to-track pricing signals.Probably not
Anyone assuming the year-over-year change reflects a stable, ongoing trend rather than a small-sample fluctuation.Probably not

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: November 13, 2026)
Community market statsMIAMI MLS closed sales, 12-month windows ending November 10, 2026
Under-contract sharesMIAMI MLS records, as of 2026-11-10
Historical depthClosed-sale records back to 2026 (4 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.

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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. A Momentum agent can price yours against live local comps.

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