7TH ADDN TO RICHMOND HEIG
Homes for Sale in Miami, FL

7TH ADDN TO RICHMOND HEIG market snapshot (as of July 20, 2026): the median sale price is about $565K ($389 per sq ft over the trailing 12 months of closed sales), and a median 16 days on market for closed sales. The trailing-12-month median is down 2% from the prior 12 months, computed from record-level miami closed sales (3 closings in the current window).

This pocket of Richmond Heights trades on a small number of transactions, so each closing carries outsized weight in the numbers — a useful reminder to look at individual homes here rather than the aggregate.

Three closings is not a statistically deep pool, and that matters for how you read every figure in this snapshot. The $389.12 per-square-foot median is a real data point, but it is more reflective of the specific homes that sold than of a broad neighborhood ceiling or floor. Buyers should treat it as a reference, not a rule.

No community amenities were identified from current MLS listings, which means the value proposition here is the lot, the structure, and the location itself rather than shared facilities. That keeps pricing tied closely to individual condition and layout — exactly what you would expect a 16-day median days-on-market to reward when a home is presented well.

In a market this thinly traded, pulling the right comps and reading them correctly is the whole job. We track every closing in this pocket as it happens, not on a quarterly lag, so pricing conversations — on either side of the table — are grounded in what actually sold, not in an average that three transactions can swing.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.