Riviera Beach, FL—33404
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Riviera Beach, FL
As of Oct '25, the median home price in Riviera Beach, FL is $422,000, with a year-over-year change of -7.0%. This indicates that home prices in Riviera Beach, FL are decreasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $422,000 | -7.0% |
| Single Family | $310,000 | -4.9% |
| Condos | $715,000 | -8.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $320,000 | -8.8% |
2 Bed | $564,000 | -9.2% |
3 Bed | $331,000 | -5.2% |
4 Bed | $417,000 | -4.1% |
| 5 Bed | $609,000 | -5.0% |
% of Housing Stock
Rental Trends — Riviera Beach, FL
As of July '25, Rentcast reports the average rent in Riviera Beach, FL is $3,670, with a year-over-year rent change of -1.6%. Per bedroom, the median rent as of July '25 in Riviera Beach, FL is studios: $1,250, 1-bedrooms: $2,280, 2-bedrooms: $4,090, 3-bedrooms: $3,620, 4-bedrooms: $4,190. The most common rental property sizes in Riviera Beach, FL are 2-bedroom and 3-bedroom, accounting for 42.7% and 30.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,850 | $3,670 |
| Studio Rent | $1,200 | $1,250 |
| 1 Bed Rent | $1,850 | $2,280 |
| 2 Bed Rent | $3,500 | $4,090 |
| 3 Bed Rent | $2,500 | $3,620 |
| 4 Bed Rent | $2,900 | $4,190 |
% of Rental Stock
Property Listings — Riviera Beach, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Riviera Beach, FL is 88. This is a increase of 7.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $660,000 | -12.0% |
Listing Count | 390 | 3.0% |
| Listings as % of Homes | 2.0% | 3.0% |
Days on Market | 88 | 7.0% |
Demographics — Riviera Beach, FL
As of the latest ACS Survey released in 2023, Riviera Beach, FL has a population of 30,500, which has increased by 6.3% over the past 5 years. Riviera Beach, FL is a moderately popular place for families, as children make up 20.2% of the population. The area has a moderately educated workforce, with 27.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,500 | 6.3% |
% Under 18 | 20.2% | -15.8% |
% Seniors | 21.1% | 6.6% |
% WFH | 12.3% | 251.4% |
% w/ College Degree | 27.3% | 15.2% |
As of the latest ACS Survey released in 2023, Riviera Beach, FL is a predominantly black area, with 64.9% of the population identifying as black. The black population has shrunk by 8.3% in the last 5 years. The second most common race or ethnicity in Riviera Beach, FL is white, making up 22.2% of the population. Foreign-born residents account for 21.2% of the population in Riviera Beach, FL, and this percentage has increased by 51.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 22.2% | -1.3% |
% Black | 64.9% | -8.3% |
% Hispanic | 8.6% | 115.0% |
% Asian | 0.7% | -50.0% |
% Foreign Born | 21.2% | 51.4% |
Mortgage and Risk — Riviera Beach, FL
According to HUD data as of 2023, there were 439 mortgage originations in Riviera Beach, FL, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Riviera Beach, FL. Investor activity is low, as 5.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 439 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 5.0% |
% Second Loans | 11.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Riviera Beach, FL
As of 2024, the percent of homes in Riviera Beach, FL under the Section 8 program is 23.5%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Riviera Beach, FL, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 1,198 |
Total Units Section 8 | 1,100 |
% Rentals under Section 8 | 23.5% |
% Occupied Section 8 | 84.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$450 | $1,850 | $1,400 |
| 2 Bedroom | -$1,830 | $3,500 | $1,670 |
| 3 Bedroom | -$320 | $2,500 | $2,180 |
| 4 Bedroom | -$290 | $2,900 | $2,610 |
Affordability — Riviera Beach, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.6 |
| Median Home Price | $422,000 |
| Median Household Income | $60,200 |