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Richmond Heights Housing Market Report June 2025•Miami-Dade County, Florida

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Housing Prices in Richmond Heights, FL

How much do homes in Richmond Heights, FL cost?

Housing Market Conditions

Is Richmond Heights, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Richmond Heights is a Buyer's Market

Difference Since June 2024

At the same time last year, Richmond Heights was a Seller's Market.

Insight

Richmond Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$535,000$383/SqFt
+$60,000
+12.6%

Based on all homes sold in the last 12 months

Insight

Homes in Richmond Heights have sold for 12.6% more than they did a year ago.

Summary: The median home sold price in Richmond Heights was $535,000 in June 2025, up 12.6% from last year, and the median price per square foot was $383.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
The Falls
+35.8%
Richmond Heights
+12.6%
Richmond
+5.4%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJun 2024Jun 2025Change YoY
1--
N/A
2$350K$405K
+15.7%
3$450K$500K
+11.1%
4$540K$564.5K
+4.5%
5$477K$585K
+22.6%

Summary: Richmond Heights housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +15.7%. The home price for 3 bedroom homes increased by +11.1%. The home price for 4 bedroom homes increased by +4.5%. The home price for 5 bedroom homes increased by +22.6%.

How does Richmond Heights, FL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Richmond Heights, FL

Housing supply in Richmond Heights, FL

How many homes are available in Richmond Heights, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
36Last MonthJun 2025
282 months agoMay 2025
+28.6 %
Change MoMMay – Jun

Summary: The Richmond Heights real estate market had 36 homes for sale in Jun 2025, a 28.6 % increase compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
3Last MonthJun 2025
82 months agoMay 2025
-62.5 %
Change MoMMay – Jun

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
100
0.0%
232
-33.3%
3816
+100.0%
41313
0.0%
545
+25.0%

Summary: Richmond Heights housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -33.3%. The inventory for 3 bedroom homes increased by +100.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +25.0%.

Asking Price vs. Sold Price

How much do homes in Richmond Heights, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price3 Homes

Insight

If you're buying a home in Richmond Heights, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Richmond Heights in June 2025, down by 62.5% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Richmond Heights, FL

How long does it take to sell a home in Richmond Heights, FL?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Many homes in Richmond Heights are selling fast, if you're buying plan to act quickly.

Summary: During June 2025, 3 homes were sold in Richmond Heights; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
44 DaysThis YearJun 2025
17 Days1 year agoJun 2024
+151.4 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in Richmond Heights had an average listing age of 44 days in Jun 2025, up by 151.4% compared to the previous year.

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Newest Listings in Richmond Heights, FL

What homes are available in Richmond Heights, FL?

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MLS Disclaimers and Copyright

Based on information from Miami MLS, for the period 07/01/2023 - 07/01/2025

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 12:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.