Richmond West, Florida real estate market data.

Scott Brown — eXp Realty

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Rough estimate only (28% of income toward housing, ~6.5% illustrative rate, 30-year term) — not a loan offer or pre-qualification. Connect with a lender for real numbers →

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Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Richmond West's median home value — across all owner-occupied homes, not just recent sales — at $448,900. Separately, Miami-Dade County's current median listing price (via Realtor.com data, 2026-06-01) runs $592,450. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Miami-Dade County's FHFA house price index shows a 2.79% annual change in 2025.

Population & Income

Richmond West has an estimated population of 35,988 and a median household income of $96,282, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Richmond West's Census-reported median home value works out to about 4.7x the area's median household income, and median gross rent runs roughly 30% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.