The housing market in Cutler Bay, FL (33190) is doing exceptionally well. The median value of a home in this area is $403,900, significantly higher than the US median house value of $338,100. Furthermore, the 1-year house appreciation rate for Cutler Bay was 22.93%, much higher than the national average of 8.27%. This shows that home values are increasing quickly in this area and that it is an excellent place to invest in real estate.
The median home cost in Cutler Bay (zip 33190) is $403,900. Home appreciation the last 10 years has been 179.0%. Home Appreciation in Cutler Bay (zip 33190) is up 25.1%.
Average Age of Homes
- The median age of Cutler Bay (zip 33190) real estate is 16 years old
The Rental Market in Cutler Bay (zip 33190)
- Renters make up 47.9% of the Cutler Bay (zip 33190) population
- 0.2% of houses and apartments in Cutler Bay (zip 33190), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.