Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

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

In August 2026, the median home sale price in Miami (33189), FL was $592,000, with homes selling in an average of 70 days — slower than the 50-day average last year, suggesting buyers have more negotiating room. A total of 206 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 $620,000 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 $662,250 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 $265,000 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 $1,050,000 in August 2026, compared to $850,000 in August 2025.

Miami (33189), FL Housing Market Analysis

There are currently 101 homes listed for sale in Miami (33189), FL, an increase of 53.03% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $617,094 (up 0.42% year-over-year), and the average price per square foot is $346 compared to $347 in 2025. Properties spend an average of 114 days on the market before going under contract.
101
for sale
51
for rent
206
sold
Median Price
$620K
Median SQFT Price
$346
SF Range
543 - 3,206 SF
Beds
1 - 6
Avg. Dom
114 days
Year Built
1954 - 2026
Monthly brief
Not ready to start your search?
Tell us what you're watching. Once a month, we'll send a short market brief on the neighborhoods and buildings you're tracking. No spam.

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
$679,000
House
3 bds · 2 ba · 1,774 sqft
PELICAN BAY AT OLD CUTLER, Cutler Bay
20922 SW 88th Pl, Cutler Bay FL 33189
For Sale
$679,000
House
4 bds · 2 ba · 1,712 sqft
PINE TREE MANOR SEC 2, Cutler Bay
9281 Martinique Dr, Cutler Bay FL 33189
New
For Sale
$665,000
House
4 bds · 2 ba · 2,203 sqft
OLD CUTLER COVE, Cutler Bay
20200 SW 90th Ave Rd, Cutler Bay FL 33189
New
For Sale
$750,000
House
3 bds · 2 ba · 1,840 sqft
SAGA BAY SEC 1 PT 5, Cutler Bay
8144 SW 205th Ter, Cutler Bay FL 33189
New
For Sale
$265,000
Condo/Co-op
2 bds · 2 ba · 1,113 sqft
LE CLUB AT OLD CUTLER CON, Cutler Bay
8670 SW 212th St # 105, Cutler Bay FL 33189
New
For Sale
$169,990
Condo/Co-op
· 1 ba · 543 sqft
COVE CONDO PHASE I,The Cove, Cutler Bay
21121 SW 85th Ave # 308, Cutler Bay FL 33189
New
For Sale
$415,000
Townhouse
3 bds · 2 ba · 1,504 sqft
SANTA BARBARA, Cutler Bay
8549 SW 214th Ln, Cutler Bay FL 33189
New
For Sale
$710,000
House
3 bds · 2 ba · 1,778 sqft
CUTLER RIDGE SEC 4, Cutler Bay
20001 Ranch Rd, Cutler Bay FL 33189

Market Trends nearby