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Featured local agent — Richmond West, FL
Sarah Mitchell
Compass Real Estate · Richmond West, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Richmond West, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$657,500median sale price
How is the Richmond West, FL housing market right now?
The median home sale price in Richmond West, FL is $657,500, down 1.1% year-over-year. Homes sell in an average of 73 days with 92 active listings. The market is currently a buyer's 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 West a buyer's or seller's market?
Richmond West, FL is currently a buyer's market, based on 5.1 months of supply and homes selling in about 73 days. How we determine this →
Homes sold
18
Last 12 weeks
Days on market
73
Average pace
Active listings
92
5.1 months supply
Sale-to-list
98.6%
Below asking
What does the Richmond West housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $657,500 |
| Median list price | $687,835 |
| Year-over-year price change | -1.1% |
| Average days on market | 73 days |
| Active inventory | 92 listings |
| Months of supply | 5.1 months |
| Sale-to-list price ratio | 98.6% |
| Median price per sq ft | $380/sq ft |
| Homes sold (latest month) | 18 |
| New listings (latest month) | 24 |
| Listings with a price cut | 22.8% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Richmond West by property type?
How the Richmond West, 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 | $660,000 | $383/sq ft | 17 | 73 days |
| Condo / Co-op | $450,000 | $338/sq ft | 1 | 168 days |
| Townhouse | $440,000 | $376/sq ft | 1 | 72 days |
Source: Redfin · Updated monthly
The Richmond West housing market is currently classified as a buyer's market with a median sale price of $657,500. Prices have fallen 1.1% compared to last year, with homes spending an average of 73 days on market, indicating 5.1 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 West
There are currently 92 homes listed for sale in Richmond West, Florida. The median listing price is $688K.
Active listings
92
Homes on market
Median list price
$688K
Avg. days on market
73
Days until sale
New this week
24
Newly listed
Who lives in Richmond West?
Population
35,988
Median income
$96,282/yr
Median age
41.4 years
Owner-occupied
82.7%
College grads
31.0%
Avg commute
40.4 min
Source: U.S. Census Bureau ACS
What is it like to live in Richmond West?
Richmond West is a community of approximately 36K residents with a median age of 41.4 years.The median household income is $96,282, which reflects a relatively affluent area with strong earning potential. 31.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 82.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 40.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Richmond West offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Richmond West, FL?
Want a head-to-head view? Compare Richmond West 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 West?
The median home sale price in Richmond West is $657,500, down 1.1% from last year.
How long do homes stay on market in Richmond West?
Homes typically spend 73 days on market before going under contract.
What is the median income in Richmond West?
The median household income is $96,282 per year.
Is Richmond West a buyer's or seller's market?
With 5.1 months of supply, Richmond West is currently a buyer's market.
What is the median condo price in Richmond West?
The median condo/co-op sale price in Richmond West, FL is $450,000, compared to $660,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Richmond West?
The median single-family home price in Richmond West, FL is $660,000 (about $383 per square foot).
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