Foreclosure Homes in Cutler Bay, FL

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View this home at Sw 203rd St Cutler Bay FL 33189
$805,097 EMV
Sw 203rd St
Cutler Bay, FL 33189
4 |
EST. RENT: $3,040
AUCTION: 05-14-2024
4 |
View this home at Bel Aire Dr Cutler Bay FL 33157
$687,833 EMV
Bel Aire Dr
Cutler Bay, FL 33157
3 |
EST. RENT: $2,240
AUCTION: 05-06-2024
3 |
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Cutler Bay, FL Foreclosures

How much do homes sell for in Cutler Bay, FL?
The average home price is currently $533,435.
In Cutler Bay, FL, how many homes are available?
There are currently 15,716 active home listings available in Cutler Bay.
What’s the average rental cost in Cutler Bay, FL?
The average rental price in Cutler Bay is $1,904.
What is the most expensive home in Cutler Bay, Florida?
The most expensive home sold in Cutler Bay had a price of $7,799,900.
What is currently the cheapest priced home in Cutler Bay, FL?
The cheapest home for sale in Cutler Bay is priced at $25,794.

Home Value Estimator For Cutler Bay, FL

There are currently 15,716 real estate properties in Cutler Bay, FL, with a median automated valuation model (AVM) price of $531,112.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cutler Bay, FL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Cutler Bay, FL, is $533,435.00, with the most expensive house in Cutler Bay, FL, topping out at $7,799,900.00 and the cheapest home in Cutler Bay, FL, clocking in at $25,794.00. In other words, there’s something for every potential homebuyer or savvy investor in Cutler Bay, FL!

Rent Prices In Cutler Bay, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cutler Bay, FL, is on a rollercoaster ride. The average rent price in Cutler Bay, FL, is $1,904.00. Indeed, when looking to rent in Cutler Bay, FL, you can expect to pay as little as $750.00 or as much as $4,540.00, with the average rent median estimated to be $1,830.00. The good news is that finding an affordable and desirable property to rent in Cutler Bay, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Cutler Bay, FL In 2024

Cutler Bay is located in Miami-Dade, Florida, with an estimated municipal population of 43,718 residents. All of the best foreclosed homes for sale in Cutler Bay are located in the following zip code areas on 33190 33157 33189. The estimated population per square kilometer (.62 miles) in Cutler Bay is 1,707.

Cost Of Living In Cutler Bay, FL

So, about how much do homes cost in Cutler Bay? The most recent median value of resident-owned homes in Cutler Bay is 286,850. An estimated 68.5 percent of households in Cutler Bay own their homes, with an average family size of 3.72. The median household income in Cutler Bay is 75,101, with34.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cutler Bay, the median commute time of resident workers (in minutes) is 43.9. And last, but certainly not least, are you looking for homes to rent in Cutler Bay? If so, the average rent price paid by renters in Cutler Bay is 1,556, according to recent statistics.

Diversity And Demographics In Cutler Bay, Florida

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Cutler Bay, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Cutler Bay is 37.7, split between 49.1 percent male versus 50.9 female. The percentage of residents who report being married in Cutler Bay is 46.6, with an average family size of 3.72.

The percentage of residents who report their race in Cutler Bay is as follows:

White 80.3%
Black / African American 11.1%
Asian 2%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.2%
Other 3.2%

Looking for family-friendly neighborhoods in and/or near Cutler Bay? Or maybe you are searching for 55+ active adult communities in and/or near Cutler Bay?

The percentage of residents who report their age in Cutler Bay is as follows:

Under 10 13.9%
Aged 10-19 12.9%
20s 12.5%
30s 13.7%
40s 14%
50s 13.8%
60s 8.8%
70s 7%
80+ 3.4%

Best Schools In Cutler Bay, Florida

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Cutler Bay with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cutler Bay.

Pros And Cons Of Living In Cutler Bay, Florida

How do you know that living in -- or moving to -- Cutler Bay is right where you need to be? Perhaps you grew up in Cutler Bay or already live nearby; therefore, the decision to buy a home in Cutler Bay is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cutler Bay for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Cutler Bay:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Cutler Bay.

Reasons To Move To Cutler Bay, Florida, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Cutler Bay can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cutler Bay, meanwhile, can field multiple offers from more qualified buyers.

Cutler Bay, FL Foreclosures


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