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

In October 2026, the median home sale price in Miami (33189), FL was $595,000, with homes selling in an average of 72 days — slower than the 52-day average last year, suggesting buyers have more negotiating room. A total of 204 homes sold in this period, down from 241 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 $600,000 in October 2026, compared to $577,500 in October 2025.

Miami (33189), FL Market Trend for Houses

Median List Price
The median list price of houses in Miami (33189), FL, was $692,500 in October 2026, compared to $625,000 in October 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 October 2026, compared to $394,750 in October 2025.

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

Median List Price
The median list price of lots/land in Miami (33189), FL, was $113,395 in October 2026, compared to $400,000 in October 2025.

Miami (33189), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Miami (33189), FL, was $875,000 in October 2026, compared to $850,000 in October 2025.

Miami (33189), FL Housing Market Analysis

There are currently 125 homes listed for sale in Miami (33189), FL, an increase of 83.82% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $613,556 (down 2.39% year-over-year), and the average price per square foot is $339 compared to $361 in 2025. Properties spend an average of 108 days on the market before going under contract.
126
for sale
53
for rent
204
sold
Median Price
$600K
Median SQFT Price
$340
SF Range
600 - 2,934 SF
Beds
1 - 6
Avg. Dom
108 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 6.71%
Local Unemployment 3.7%

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
$599,000
House
3 bds · 2 ba · 1,420 sqft
PRECIOUS HOMES AT LAKES BY, Cutler Bay
8950 SW 215TH Terrace, Cutler Bay FL 33189
For Sale
$719,900
House
4 bds · 2 ba · 1,782 sqft
CENTURY STAR SUB, Cutler Bay
20221 SW 85th Ct, Cutler Bay FL 33189
For Sale
$455,000
Townhouse
3 bds · 2 ba · 1,225 sqft
CUTLER CREEK CLUB SEC 1, Cutler Bay
20816 SW 103rd Pl, Cutler Bay FL 33189
For Sale
$700,000
House
3 bds · 2 ba · 2,017 sqft
SAGA BAY SEC 1 PT 7, Cutler Bay
20565 SW 80th Pl, Cutler Bay FL 33189
New
For Sale
$475,000
Townhouse
3 bds · 2 ba · 1,934 sqft
OLD CUTLER COVE ADDN, Cutler Bay
9030 SW 203rd Ter, Cutler Bay FL 33189
New
For Sale
$70,000
Commercial
0 room(s)
Miami
20920 S Dixie Hwy, Miami FL 33189
New
For Sale
$699,000
House
4 bds · 3 ba · 2,315 sqft
SAGA BAY SEC 1 PT 7, Cutler Bay
20205 SW 79th Ct, Cutler Bay FL 33189
New
For Sale
$599,999
House
4 bds · 2 ba · 1,665 sqft
CENTENNIAL SEC 1, Cutler Bay
8514 SW 209th Ln, Cutler Bay FL 33189

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