Cutler Bay, FL 33157 Real Estate Market Report

ZIP Code: 33157
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Cutler Bay, FL is $699,888, reflecting a stable market despite signs of cooling. This indicates that the neighborhood has increased 0% since 2023, suggesting a plateau in home values. The current market conditions are characterized by elevated inventory levels and longer selling times, with properties spending a median of 198 days on the market. This extended duration may indicate that buyers are gaining leverage as sellers adjust their expectations in response to the changing dynamics.

Overall, the market temperature is assessed as neutral, with a balance between supply and demand. The median listing price stands at $774,900, which creates a notable gap compared to the median sold price, potentially leading to pricing friction as sellers navigate buyer expectations. Additionally, the rental market remains steady, with a median market rent of $2,530, indicating modest growth in rental demand amidst these shifting conditions.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Cutler Bay FL 33157 average around 6.12%, which is 0.78% higher than the national average of 5.34% reported for the start of 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. $699,888 is the median sold price, indicating a stable market despite recent cooling trends.

2. Properties are spending a median of 198 days on market, suggesting slower sales velocity and potential buyer leverage.

3. The median listing price of $774,900 creates a significant gap compared to the sold price, indicating pricing friction in the market.

4. Market temperature is neutral, reflecting a balance between supply and demand conditions.

5. The rental market shows a median market rent of $2,530, indicating steady growth in rental demand.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.