OLD CUTLER SOUTH in Palmetto Bay

OLD CUTLER SOUTH
Homes for Sale in Palmetto Bay, FL

Community in Palmetto Bay · Miami-Dade County · ZIP 33157
Median sale $1.06M
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Built fromLive miami data14 years of closingsUpdated twice daily
Live · OLD CUTLER SOUTH Housing Pulse miami + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$1.06M
Median sold · 12 mo
up 8.7% vs the prior 12 months
+8.7%
1-yr price change
n = 3 and 3 sales in the two windows
$533/sf
Sold $/sqft · 12 mo
peak $639 in 2024
82.7%
Sale vs ask
Miami-Dade median: 97.8%
Tempo
17days
Median DOM · closed
5 days at the 2022 low
3
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
67%
Cash buyers · OLD CUTLER SOUTH
2 of 3 sales, 12 mo ending July 2026
Track record · 14 years of records
1,892sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Old Cutler South is pricing on a per-square-foot basis right now, with the median landing at $1,060,000 and price per square foot near $532.77. That combination tells you condition and finish level are doing most of the work in this market, not lot size or square footage alone. A buyer comparing two listings here should expect the spread between an updated home and one needing work to be wide, even on the same street.

With median days on market at 17 and pricing up 8.7% year over year, this is a market moving with some urgency but not overheated chaos. Sellers with a well-presented home are seeing offers come together quickly. Buyers who wait on a decision past a first or second showing are often negotiating from behind rather than from a position of leverage.

OLD CUTLER SOUTH Housing Pulse · Momentum Research · as of July 20, 2026

OLD CUTLER SOUTH right now

🟢 Still climbing. The trailing-12-month median ($1.06M) is up 8.7% from the prior 12 months ($975K). With about 2 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 closed sales, 12-month windows ending July 20. Confidence: Low (3 and 3 sales in the two windows).

What's unique here: the median sale price is about 2x the typical Miami-Dade County sale ($1.06M vs $507K, trailing 12 months, miami records).

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

Updated July 20, 2026 · Live data: miami, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

OLD CUTLER SOUTH market snapshot (as of July 20, 2026): the median sale price is about $1.06M ($533 per sq ft over the trailing 12 months of closed sales), and a median 17 days on market for closed sales. The trailing-12-month median is up 9% from the prior 12 months, computed from record-level miami closed sales (3 closings in the current window).

Old Cutler South sits in Miami-Dade County and trades at a median price of $1,060,000, with recent activity limited to a small handful of closings — a signal to treat any single data point here as directional rather than exact.

Best for

  • A buyer with financing ready who can move quickly once a well-priced listing appears
  • A seller with a recently updated or well-maintained home who wants to price near current per-square-foot levels
  • A buyer comfortable making a decision without a wide field of comparable listings to shop against

Probably not for

  • A buyer who wants to compare a large number of similar listings before committing
  • A seller expecting to price well above recent per-square-foot levels based on condition alone
  • A buyer relying purely on the year-over-year percentage as a guarantee of future value

Windows contain 0 to 6 sales each (3 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.

Median sale price · trailing 12 mo
$500K$750K$1M20122014201620182020202220242026
Up 8.7% year over year.
Every sale since 2012 · price vs size
$0$500K$1M2k2k2k3k
34 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$200$400$60020122014201620182020202220242026
Up from $207 in 2012 to a $639 peak in 2024; $533 now.
Median days on market · closed sales
204020122014201620182020202220242026
5 days at the 2022 low; 17 now.
Sale price vs original ask · median
90%100%20122014201620182020202220242026
82.7% now vs Miami-Dade 97.8%.
Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 6 a year; 3 in the current window.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,099/mo
Miami-Dade County typical true cost to own
$158/mo
Miami-Dade County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

31% 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 (2026-08-18).

OLD CUTLER SOUTH Market Scorecard

Balanced

OLD CUTLER SOUTH is currently a balanced market., and homes go under contract in about 35 days.

$1,060,000
Median sold
$614
List $/sqft
35
Days on mkt
1/0/0
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: miami, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in OLD CUTLER SOUTH

Live MLS inventory for OLD CUTLER SOUTH. 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 OLD CUTLER SOUTH listings as of 2026-08-05, 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.

If we were buying in OLD CUTLER SOUTH 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 OLD CUTLER SOUTH.

Best Buy
Buyers and sellers focused on a single, well-priced transaction rather than a broad selection of comparable inventory.
Biggest Risk
Thin closing volume means any single sale can swing the perceived median significantly.
Sweet Spot
Move-in ready homes priced near the per-square-foot benchmark tend to attract the fastest activity.
Avoid If
Skip this community if you need a large pool of active comparables to feel confident in a price.

What the numbers are actually telling you

A median days-on-market figure of 17 in this community points to a market where correctly priced, presentable homes do not sit. That is a meaningfully different posture than a market where sellers have to chase price cuts. For sellers, it argues for pricing at or near recent comparable levels rather than testing the ceiling. For buyers, it means the comfortable, unhurried search window some buyers expect elsewhere may not apply here.

The year-over-year change of 8.7% is a rear-view signal, not a forecast — it reflects what already closed, not what will happen next. Combined with a small closings window of only three recent transactions, it is worth reading this data as a snapshot of current conditions rather than a guaranteed trend. Anyone relying on this number to plan a purchase or listing timeline should pair it with a direct look at what is active and pending right now.

The location and the amenities are priced into every listing in OLD CUTLER SOUTH. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

With only a handful of recent closings feeding the public data, Old Cutler South is a community where broad market stats can mislead if taken at face value. Momentum pulls the current MLS activity directly — active listings, pending contracts, and true comparables — so pricing and offer strategy are based on what is actually happening on the ground, not a lagging average.

OLD CUTLER SOUTH in 15 seconds.

Best forBuyers and sellers focused on a single, well-priced transaction rather than a broad selection of comparable inventory.
Biggest advantageA market with short days-on-market that rewards homes priced and presented correctly from day one.
Biggest riskThin closing volume means any single sale can swing the perceived median significantly.
Sweet spotMove-in ready homes priced near the per-square-foot benchmark tend to attract the fastest activity.
Avoid ifSkip this community if you need a large pool of active comparables to feel confident in a price.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed OLD CUTLER SOUTH sales matched to your home.

What is your OLD CUTLER SOUTH home worth?

Get a no-obligation home value based on real comparable sales in OLD CUTLER SOUTH, 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 homes for sale in OLD CUTLER SOUTH on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in OLD CUTLER SOUTH?
The median sale price in OLD CUTLER SOUTH was $1.06M over the 12 months ending July 20, 2026 (3 closed sales, miami).
How long do homes in OLD CUTLER SOUTH take to sell?
Homes that closed in the 12 months ending July 20, 2026 took a median 17 days on market (3 sales, miami).
Do cash buyers compete in OLD CUTLER SOUTH?
Cash buyers took 67% of OLD CUTLER SOUTH sales in the 12 months ending July 2026 (2 of 3 closings, miami).
Who is the best real estate agent for OLD CUTLER SOUTH?
The best agent for OLD CUTLER SOUTH 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 OLD CUTLER SOUTH.
How do I find a top Palmetto Bay real estate agent who knows OLD CUTLER SOUTH?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows OLD CUTLER SOUTH and the wider Palmetto Bay area.
Can Momentum Realty connect me with an agent for OLD CUTLER SOUTH?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your OLD CUTLER SOUTH purchase or sale - no call center and no pressure.
A buyer with financing ready who can move quickly once a well-priced listing appearsExcellent fit
A seller with a recently updated or well-maintained home who wants to price near current per-square-foot levelsExcellent fit
A buyer comfortable making a decision without a wide field of comparable listings to shop againstExcellent fit
A buyer who wants to compare a large number of similar listings before committingProbably not
A seller expecting to price well above recent per-square-foot levels based on condition aloneProbably not
A buyer relying purely on the year-over-year percentage as a guarantee of future valueProbably not

Data sources & freshness

Community market statsmiami closed sales, 12-month windows ending July 20, 2026
Under-contract sharesmiami records, as of 2026-07-18
Historical depthClosed-sale records back to 2012 (34 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 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 member average and 8 days faster, and we’ll price yours against live your area comps.

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More Palmetto Bay & Miami & Miami-Dade County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Miami & Miami-Dade County or the full Neighborhood Finder.

Thinking of selling in OLD CUTLER SOUTH? 3 recorded closings; median 17 days on market (window ending 2026-07-20). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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