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Featured local agent — Richmond Heights, FL
Sarah Mitchell
Compass Real Estate · Richmond Heights, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Richmond Heights, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$495,000median sale price
How is the Richmond Heights, FL housing market right now?
The median home sale price in Richmond Heights, FL is $495,000, down 10.2% year-over-year. Homes sell in an average of 94 days with 24 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Richmond Heights a buyer's or seller's market?
Richmond Heights, FL is currently a balanced market, based on 2.7 months of supply and homes selling in about 94 days. How we determine this →
Homes sold
9
Last 12 weeks
Days on market
94
Average pace
Active listings
24
2.7 months supply
Sale-to-list
97.0%
Below asking
What does the Richmond Heights housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $495,000 |
| Median list price | $569,500 |
| Year-over-year price change | -10.2% |
| Average days on market | 94 days |
| Active inventory | 24 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 97.0% |
| Median price per sq ft | $411/sq ft |
| Homes sold (latest month) | 9 |
| New listings (latest month) | 6 |
| Listings with a price cut | 8.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Richmond Heights by property type?
How the Richmond Heights, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $495,000 | $411/sq ft | 9 | 94 days |
| Townhouse | $409,995 | $381/sq ft | 2 | 41 days |
Source: Redfin · Updated monthly
The Richmond Heights housing market is currently classified as a balanced market with a median sale price of $495,000. Prices have fallen 10.2% compared to last year, with homes spending an average of 94 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Richmond Heights
There are currently 24 homes listed for sale in Richmond Heights, Florida. The median listing price is $570K.
Active listings
24
Homes on market
Median list price
$570K
Avg. days on market
94
Days until sale
New this week
6
Newly listed
Who lives in Richmond Heights?
Population
9,489
Median income
$63,750/yr
Median age
40.6 years
Owner-occupied
68.6%
College grads
20.3%
Avg commute
34.7 min
Source: U.S. Census Bureau ACS
What is it like to live in Richmond Heights?
Richmond Heights is a community of approximately 9K residents with a median age of 40.6 years.The median household income is $63,750, which represents a working-class community with solid middle-income opportunities. 20.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 68.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 34.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Richmond Heights offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Richmond Heights, FL?
Want a head-to-head view? Compare Richmond Heights side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Richmond Heights?
The median home sale price in Richmond Heights is $495,000, down 10.2% from last year.
How long do homes stay on market in Richmond Heights?
Homes typically spend 94 days on market before going under contract.
What is the median income in Richmond Heights?
The median household income is $63,750 per year.
Is Richmond Heights a buyer's or seller's market?
With 2.7 months of supply, Richmond Heights is currently a balanced market.
How much does a single-family home cost in Richmond Heights?
The median single-family home price in Richmond Heights, FL is $495,000 (about $411 per square foot).
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