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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 $595,000, 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 207 homes sold in this period, down from 247 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 $623,000 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 $659,500 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 $900,000 in August 2026, compared to $850,000 in August 2025.

Miami (33189), FL Housing Market Analysis

There are currently 105 homes listed for sale in Miami (33189), FL, an increase of 59.09% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $619,947 (up 0.88% year-over-year), and the average price per square foot is $347 compared to $347 in 2025. Properties spend an average of 111 days on the market before going under contract.
105
for sale
50
for rent
207
sold
Median Price
$623K
Median SQFT Price
$347
SF Range
543 - 3,206 SF
Beds
1 - 6
Avg. Dom
111 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
$850,000
Commercial
0 room(s)
Cutler Bay
20457 Old Cutler Rd, Cutler Bay FL 33189
For Sale
$559,000
House
3 bds · 2 ba · 1,476 sqft
PINE TREE MANOR SEC 1, Cutler Bay
9354 Caribbean Blvd, Cutler Bay FL 33189
New
For Sale
$650,000
House
3 bds · 2 ba · 1,264 sqft
CUTLER RIDGE SEC 4, Cutler Bay
20510 Jacaranda Rd, Cutler Bay FL 33189
New
For Sale
$759,900
House
4 bds · 2 ba · 2,107 sqft
LAKES BY THE BAY SEC 7, Cutler Bay
9430 SW 215th Ln, Cutler Bay FL 33189
New
For Sale
$519,000
House
3 bds · 2 ba · 1,852 sqft
CUTLER CREEK POINT 1ST RE, Cutler Bay
10330 Puerto Rico Dr, Cutler Bay FL 33189
New
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
New
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

Market Trends nearby