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Real Estate Market Trends and Analytics in Miami (33189), FL

In August 2026, the median home sale price in Miami (33189), FL was $589,000, with homes selling in an average of 69 days — slower than the 51-day average last year, suggesting buyers have more negotiating room. A total of 205 homes sold in this period, down from 249 last year.
View all properties for sale in Miami (33189), FL

Miami (33189), FL Market Trend

Median List Price
The median list price of Miami (33189), FL, was $612,000 in August 2026, compared to $577,500 in August 2025.

Miami (33189), FL Market Trend for Houses

Median List Price
The median list price of houses in Miami (33189), FL, was $645,000 in August 2026, compared to $610,000 in August 2025.

Miami (33189), FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in Miami (33189), FL, was $290,000 in August 2026, compared to $394,750 in August 2025.

Miami (33189), FL Market Trend for Lots/Land

Median List Price
The median list price of lots/land in Miami (33189), FL, was $113,895 in August 2026, compared to $440,000 in August 2025.

Miami (33189), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Miami (33189), FL, was $900,000 in August 2026, compared to $850,000 in August 2025.

Miami (33189), FL Housing Market Analysis

There are currently 90 homes listed for sale in Miami (33189), FL, an increase of 36.36% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $613,861 (down 0.11% year-over-year), and the average price per square foot is $344 compared to $347 in 2025. Properties spend an average of 127 days on the market before going under contract.
93
for sale
54
for rent
203
sold
Median Price
$614K
Median SQFT Price
$346
SF Range
760 - 3,088 SF
Beds
1 - 6
Avg. Dom
128 days
Year Built
1954 - 2026
Monthly brief
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Housing & Mortgage & Foreclosure Risk Score

Housing & Mortgage

Median Home Value $357K
Median Monthly Mortgage $2K/mo
Median Rent $1K/mo
Homeownership Rate 59.0%
Cost Burden 29.7%

Foreclosure Risk Score

31/100 MODERATE
30-Year Mortgage Rate 6.58%
Local Unemployment 3.9%

Risk score based on economic indicators, lis pendens filings, and census data. Not financial advice.

Data powered by brokerone.io

Properties in Miami (33189), FL

For Sale
$699,000
House
4 bds · 3 ba · 2,098 sqft
LAKES BY THE BAY SEC 10, Cutler Bay
9002 SW 212th Ter, Cutler Bay FL 33189
New
For Sale
$315,000
Condo/Co-op
2 bds · 2 ba · 991 sqft
CUTLER LAKES CONDO, Cutler Bay
21130 SW 87th Ave # 304, Cutler Bay FL 33189
New
For Sale
$624,900
House
4 bds · 3 ba · 1,711 sqft
CUTLER RIDGE PINES, Cutler Bay
8721 SW 200TH Terrace, Cutler Bay FL 33189
New
For Sale
$632,000
House
3 bds · 2 ba · 1,547 sqft
CUTLER RIDGE SEC 6,Cutler Bay, Cutler Bay
9920 Pan American Dr, Cutler Bay FL 33189
New
For Sale
$419,999
Townhouse
3 bds · 2 ba · 1,293 sqft
SAGA BAY TOWNHOMES, Cutler Bay
8408 SW 208th Ter, Cutler Bay FL 33189
New
For Sale
$760,000
House
4 bds · 2 ba · 1,644 sqft
POINT ROYALE SEC TWO, Cutler Bay
20053 SW 103rd Ave, Cutler Bay FL 33189
New
For Sale
$625,000
House
3 bds · 2 ba · 1,799 sqft
CUTLER RIDGE SEC 4, Cutler Bay
9395 Nassau Dr, Cutler Bay FL 33189
New
For Sale
$649,990
House
4 bds · 3 ba · 2,061 sqft
PRECIOUS HOMES AT LAKES B, Cutler Bay
8961 SW 215th Ter, Cutler Bay FL 33189

Market Trends nearby