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

In July 2026, the median home sale price in Miami (33189), FL was $585,000, with homes selling in an average of 65 days — slower than the 50-day average last year, suggesting buyers have more negotiating room. A total of 205 homes sold in this period, down from 250 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 $599,950 in July 2026, compared to $585,000 in July 2025.

Miami (33189), FL Market Trend for Houses

Median List Price
The median list price of houses in Miami (33189), FL, was $640,000 in July 2026, compared to $619,000 in July 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 $249,000 in July 2026, compared to $402,500 in July 2025.

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

Median List Price
The median list price of lots/land in Miami (33189), FL, was $112,800 in July 2026, compared to $440,000 in July 2025.

Miami (33189), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Miami (33189), FL, was $1,075,000 in July 2026, compared to $850,000 in July 2025.

Miami (33189), FL Housing Market Analysis

There are currently 94 homes listed for sale in Miami (33189), FL, an increase of 36.23% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $632,760 (up 1.21% year-over-year), and the average price per square foot is $333 compared to $350 in 2025. Properties spend an average of 122 days on the market before going under contract.
94
for sale
54
for rent
205
sold
Median Price
$600K
Median SQFT Price
$333
SF Range
760 - 3,088 SF
Beds
1 - 6
Avg. Dom
122 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 6.49%
Local Unemployment 3.6%

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

21401 SW 112th Ave, Cutler Bay FL 33189
New
For Sale
$1,499,000
Commercial
0 room(s)
Cutler Bay
21401 SW 112th Ave, Cutler Bay FL 33189
New
For Sale
$325,000
House
2 bds · 1 ba · 1,015 sqft
CUTLER CREEK CLUB SEC 2, Cutler Bay
10375 SW 209th Ln, Cutler Bay FL 33189
New
For Sale
$515,000
House
3 bds · 2 ba · 1,402 sqft
LAKES BY THE BAY SEC 8, Cutler Bay
21460 SW 90th Ct, Cutler Bay FL 33189
New
For Sale
$920,000
House
4 bds · 3 ba · 2,894 sqft
CENTENNIAL SEC 3, Cutler Bay
8611 SW 207th Ter, Cutler Bay FL 33189
New
For Sale
$879,000
House
5 bds · 3 ba · 2,800 sqft
SAGA BAY SEC 1 PT 6, Cutler Bay
8020 SW 198th St, Cutler Bay FL 33189
New
For Sale
$595,000
House
3 bds · 2 ba · 1,712 sqft
CUTLER RIDGE SEC 5, Cutler Bay
10020 Bahia Dr, Cutler Bay FL 33189
For Sale
$599,900
House
3 bds · 2 ba · 1,104 sqft
BENSON MANOR, Cutler Bay
10451 SW 201st Ter, Cutler Bay FL 33189
For Sale
$600,000
House
3 bds · 2 ba · 1,469 sqft
S CORAL HOMES SEC 3, Cutler Bay
10241 Dominican Dr, Cutler Bay FL 33189

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