MLS data updated Oct 26, 2026
Richmond CoveReal Estate Market Report · October 2026
Richmond Cove real estate market report · Palm Bay, FL
Palm Bay, FL
Richmond Cove is a residential community in Palm Bay, Florida. This live report tracks active and pending listings, 12-month sale prices and days on market, and public-record sales for the surrounding ZIP.
Median sold: $315K · Median days on market: 216 · Sold-to-list: 100.0% · Source: Stellar MLS, last 12 mo
About 16 months of inventory — supply is outpacing demand, so buyers have room to negotiate (over 6 months = buyer's market).
Aggregate statistics from Stellar MLS closed sales over the last 12 months and live MLS inventory. A market read, not an appraisal of any home or a listing of individual sales.
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Richmond Cove by the numbers
12 listings are active in Richmond Cove right now, priced from $285K to $332K, with a median of $307K. Every active listing is a single-family home. Where living area is reported, the 2- to 4-bedroom properties run 1,250 to 2,104 square feet of living area. 100% of them were built in the last three years; the full range is 2025 to 2027. The range is tight: the top price is within 16% of the bottom one.
The median active listing has been on the market 50 days; recent sales have closed near $183 per square foot.
9 sales closed here in the last 12 months at a median of $315K, about 0.8 a month against 16 months of current inventory.
Figures are aggregates of the active listings shown on this page and of 12-month MLS sales, as of October 30, 2026.
Under Contract
2 homes pending in Richmond Cove · Avg. $323K
Richmond Cove · 4th Quarter 2026
9 sales · Stellar MLS · last 12 mo
$315K
Median Sale Price
216 days
Median Days on Market
100.0%
Sold-to-List
$183
Median $/sqft
Currently For Sale
12 active listings in Richmond Cove
$182/sqft
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$170/sqft
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$200/sqft
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$177/sqft
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$207/sqft
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$158/sqft
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$157/sqft
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$174/sqft
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$215/sqft
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$198/sqft
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$200/sqft
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$233/sqft
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| Beds | Baths | Sq Ft | List Price | $/Sq Ft | DOM |
|---|---|---|---|---|---|
| 3 | 2 | 1,570 | $284,990 | $182 | 53 |
| 3 | 2 | 1,802 | $306,990 | $170 | 46 |
| 3 | 2 | 1,552 | $309,990 | $200 | 261 |
| 4 | 2 | 1,806 | $319,990 | $177 | 324 |
| 3 | 2 | 1,443 | $297,990 | $207 | 46 |
| 4 | 2 | 2,104 | $331,990 | $158 | 39 |
| 4 | 2 | 2,104 | $329,990 | $157 | 39 |
| 3 | 2 | 1,802 | $313,990 | $174 | 39 |
| 2 | 2 | 1,337 | $286,990 | $215 | 46 |
| 3 | 2 | 1,552 | $307,990 | $198 | 261 |
| 3 | 2 | 1,525 | $304,990 | $200 | 324 |
| 3 | 2 | 1,250 | $290,990 | $233 | 394 |
Richmond Cove Market — Common Questions
Is Richmond Cove a buyer's or seller's market in 2026?+
Richmond Cove is currently a buyer's market with about 16 months of inventory. About 16 months of inventory — supply is outpacing demand, so buyers have room to negotiate (over 6 months = buyer's market).
What is the median home sale price in Richmond Cove?+
Based on Stellar MLS closed sales over the last 12 months, the median sale price in Richmond Cove is approximately $315K.
How many homes are for sale in Richmond Cove?+
There are currently 12 active listings in Richmond Cove, with homes selling at roughly 0.8 per month. That works out to about 16 months of inventory.
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Report generated October 30, 2026 at 11:21 AM ET · Powered by Stellar MLS
MLS Data:Active and pending listing data is sourced from the Stellar MLS as distributed by MLS GRID. Listings courtesy of Stellar MLS as distributed by MLS GRID. IDX information 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. The MLS GRID does not guarantee the accuracy of this data, which may not reflect all real estate activity in the area.
Sold Data: Sales analysis is derived from Florida Department of Revenue public property records (arm's-length transactions). Ryan Solberg and MaxLife Realty LLC are not affiliated with Richmond Coveor its HOA. This report is not intended to solicit properties already listed for sale nor to cause a breach of an existing agency relationship. Data should be independently verified. E&OE.
Based on information submitted to the MLS GRID as of October 26, 2026 at 3:00 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Moving to Richmond Cove
Utilities & Services
Richmond Cove is in Brevard County, Florida. Here's who to call to get power, water, and trash service set up in your name before closing.
Electric
Florida Power & Light (FPL) · (888) 988-8249Essentially all of Brevard County.
Water & Sewer
City of Cocoa Utilities (regional) · (321) 433-8400Cocoa, Rockledge, Merritt Island, Cape Canaveral, Cocoa Beach, Viera/Suntree, Port St. John, and much of central/north Brevard.
City of Melbourne Water & Sewer · (321) 608-7100South Brevard — Melbourne, Melbourne Beach, Indialantic, Satellite Beach, and nearby unincorporated areas.
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information 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.
Based on information submitted to the MLS GRID as of October 26, 2026 at 3:00 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA