Richmond Heights, FL

Buyer's market+11.3% YoY

Housing market overview · Updated weekly

$545,450median sale price

Homes sold

4

Last 12 weeks

Days on market

69

Average pace

Active listings

35

8.8 months supply

Sale-to-list

94.8%

Below asking

The Richmond Heights housing market is currently classified as a buyer's market with a median sale price of $545,450. Prices have risen 11.3% compared to last year, with homes spending an average of 69 days on market, indicating 8.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Richmond Heights

There are currently 35 homes listed for sale in Richmond Heights, Florida. The median listing price is $519K.

Active listings

35

Homes on market

Median list price

$519K

Avg. days on market

69

Days until sale

New this week

11

Newly listed

Price drops:28.6%of listings
Sale-to-list:94.8%

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Frequently asked questions

What is the average home price in Richmond Heights?

The median home sale price in Richmond Heights is $545,450, up 11.3% from last year.

How long do homes stay on market in Richmond Heights?

Homes typically spend 69 days on market before going under contract.

Is Richmond Heights a buyer's or seller's market?

With 8.8 months of supply, Richmond Heights is currently a buyer's market.

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