Palm Terrace Gardens
Homes for Sale in Port Richey, FL
All 427 homes for sale in Port Richey, FL · median $245,000 · 358 homes for sale in 34668 · Pasco County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
As of October 2026, Palm Terrace Gardens in Port Richey, FL has 9 homes for sale and 5 pending, asking from $209,000 to $328,000 (median $249,900). Over the 12 months ending 2026-08-02, 47 recorded sales closed at a median of $235,000, $177 per square foot, a median 25 days on market, sellers accepting 97% of original asking (-3% versus the prior year). Homes listed or recently sold were built 1972 - 1981; 14 listings state no HOA; none of the 26 geocoded homes sit in a FEMA special flood hazard zone (median elevation 19 ft). At the median price and Pasco County's FY2025-26 rate of 16.15 mills, annual property tax runs about $3,800 ($3,150 with the full homestead exemption).
Last 30 days in Palm Terrace Gardens: 6 new listings (median asking $254,500), 5 under contract right now, 2 closed sales (median $230,000). As of October 15, 2026, Listings courtesy of Stellar MLS as distributed by MLS GRID.
Homes For Sale Right Now in Palm Terrace Gardens
Live MLS inventory for Palm Terrace Gardens. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active · 21 daysTop listing
Active · 1 days
Active · 4 days
Active · 5 days
Active · 67 days
Active · 122 days
Active · 1 days
Active · 126 days
Pending · 54 days
Pending · 20 days
Pending · 92 days
Pending · 18 days
Pending · 159 daysActive and pending Palm Terrace Gardens listings as of 2026-10-15, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2004 through 2026. Tap any home to ask about it.
Palm Terrace Gardens is a small, tightly held pocket in Port Richey - 478 homes total, with only 7 active listings at the moment. That kind of scarcity, combined with 1.6 months of supply, is what defines the current posture here: a seller-leaning market where available inventory does not sit long once it is priced to condition.
With a median year built of 1976 and a build range stretching back to 1945, age and upkeep are the real variables buyers should weigh, not location or amenities. Homestead exemptions cover about half the homes, suggesting a meaningful share of long-held, owner-occupied properties rather than a fast-churning rental block.
Palm Terrace Gardens right now
🟡 Balanced market. 1.9 months of supply and 20% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of August 2, 2026. Confidence: Very High (10 active and pending listings, 47 closed sales in 12 months).
🟡 Off the recent peak. The trailing-12-month median ($235K) is down 3.1% from the prior 12 months ($242K). With about 26 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending August 2. Confidence: Very High (47 and 47 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 15, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Palm Terrace Gardens market snapshot (as of August 2, 2026): the median sale price is about $235K ($177 per sq ft over the trailing 12 months of closed sales), a median 25 days on market for closed sales, and 1.9 months of supply, a balanced market. The trailing-12-month median is down 3% from the prior 12 months, computed from record-level Stellar MLS closed sales (47 closings in the current window).
In ZIP 34668 (Port Richey), 1,185 homes closed in the last 12 months at a median of $240K ($191/sq ft), up 0.6% year over year, with a median 33 days on market. Right now 167 active and 50 pending listings put supply at about 4.4 months - a balanced market. See the live ZIP 34668 housing market and the Pasco County market.
Flood zones in Palm Terrace Gardens: of 21 listing addresses checked against the FEMA National Flood Hazard Layer, 100% sit outside the FEMA Special Flood Hazard Area (Zone X). Individual parcels vary - verify any specific address at msc.fema.gov. See flood zones by neighborhood in Port Richey.
Palm Terrace Gardens is a community of 478 homes in Port Richey, Pasco County, built between 1945 and 1985 (median 1976), with a median living area of about 1,548 square feet. 50% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Palm Terrace Gardens is a modest, established Port Richey neighborhood of mid-20th-century homes averaging around 1,548 square feet, where limited turnover and thin current inventory keep the market tight.
The setting & the homes.
Aerial and on-site photos of Palm Terrace Gardens. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Palm Terrace GardensPalm Terrace GardensPalm Terrace GardensPalm Terrace GardensPalm Terrace GardensPalm Terrace GardensPalm Terrace GardensPalm Terrace GardensPhotos from Stellar MLS listings in Palm Terrace Gardens; content deemed reliable but not guaranteed.
Who Palm Terrace Gardens is best for.
Best for
- Buyers targeting an established, mid-century home in Port Richey and willing to budget for age-related updates.
- Buyers who want a smaller, quieter housing stock rather than a high-turnover subdivision.
- Buyers comfortable moving quickly in a market with only a handful of active listings at a time.
Probably not for
- Buyers who want newer construction built after the mid-1980s.
- Buyers who expect community amenities like a clubhouse or pool, since none are identified in current listings.
- Buyers who want a wide pool of active inventory to compare before deciding.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending August 2 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($235K) IS the median in the snapshot above, and the move from 2025 ($242K) IS the -3.1% one-year change.
Windows contain 0 to 47 sales each (47 in the current window); every figure carries its sample size. Based on Stellar MLS data distributed by MLS GRID for the period 2004 through 2026. Deemed reliable but not guaranteed.
36% of homes for sale in Palm Terrace Gardens are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-15).
Palm Terrace Gardens Market Scorecard
Palm Terrace Gardens is currently a buyer's market. About 8.0 months of supply, a median asking price of $249,950, and homes go under contract in about 12 days.
Typical home value in the 34668 ZIP is $228,036, right around the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Palm Terrace Gardens on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Stellar MLS. Map data © OpenStreetMap contributors.
Schools
- Pasco County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Gulf Highland Elementary · Elementary
- Bayonet Point Middle-PO · Middle
- Fivay High-PO · High
Zoned schools reflect the assignments reported on recent Palm Terrace Gardens listings and can change; always confirm with Pasco County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Palm Terrace Gardens address.
Shop the zone: Homes zoned for Fivay High-Po High School
Recent Developments in Palm Terrace Gardens
Development, infrastructure, retail, and school activity affecting Palm Terrace Gardens, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- August 2026Development
Proposal would convert Port Richey hotel into 122 apartments
HCM Hospitality seeks a rezoning to convert the 156-room La Vista Inn at 11736 U.S. 19 on 4.54 acres into a 122-unit apartment community. The Pasco County Planning Commission unanimously recommended approval with conditions, and the item goes next to the County Commission.
What it may mean for the marketAdaptive reuse would add rental housing along the U.S. 19 corridor without new traffic beyond existing entitlements. The site is about 4 miles southwest of Palm Terrace Gardens.
Source: Tampa Bay Business and Wealth - July 2026Development
Pomelo Square mixed-use community advances in Wesley Chapel
Ryan Cos. and PulteGroup are advancing Pomelo Square, a mixed use development at the northeast corner of Old Pasco Road and Overpass Road in Wesley Chapel. Plans call for 415 residential units made up of 325 apartments and 90 townhomes, about 42,000 square feet of retail, and a hotel pad. Completion is targeted for the first quarter of 2028.
What it may mean for the marketAdds a mixed use community of apartments and townhomes with retail space and a hotel pad, expanding housing and commercial supply in a growing Pasco County corridor. The project is about 23 miles east of Palm Terrace Gardens, elsewhere in Pasco County.
Source: Florida YIMBY - April 2026Development
New mixed-use development planned on State Road 52 in central Pasco
A mixed-use development planned on State Road 52 in central Pasco County, next to Pilot Country Airport, would add 108 single-family homes, about 175,000 square feet of commercial and retail space, and a 120-room hotel, with completion expected around 2030.
What it may mean for the marketA new mixed-use community adds housing, retail, and lodging along the State Road 52 corridor in central Pasco, the kind of growth that can shape demand and pricing for nearby communities. The project is about 14 miles east of Palm Terrace Gardens, elsewhere in Pasco County.
Source: Tampa Bay Times - January 2026Development
Moffitt Cancer Center opens flagship outpatient center at its new Speros FL campus in Pasco
Moffitt Cancer Center held the grand opening of its flagship outpatient cancer center in January 2026 at Speros FL, its large new campus on State Road 52 in Pasco County. The campus is planned as a long-term life sciences and medical hub expected to bring substantial employment to the area.
What it may mean for the marketA large new medical and life sciences campus is a long-term employment anchor for central Pasco, a structural demand driver for housing in the surrounding area. The site is about 10 miles east of Palm Terrace Gardens.
Source: WUSF - January 2026Development
Flagship breaks ground on 46,000-square-foot Wiregrass Ranch Medical Pavilion in Wesley Chapel
Flagship Healthcare Properties broke ground in January 2026 on a 46,000-square-foot medical pavilion at Wiregrass Ranch in Wesley Chapel, adding outpatient medical space to the growing State Road 56 corridor.
What it may mean for the marketAdded outpatient medical space along the State Road 56 corridor deepens healthcare access and professional employment in Wesley Chapel, an amenity factor that can support nearby housing demand. The project is about 22 miles east of Palm Terrace Gardens, elsewhere in Pasco County.
Source: HCO News
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Palm Terrace Gardens buying strategy.
If we were buying in Palm Terrace Gardens today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Palm Terrace Gardens.
A tight, older pocket of Port Richey
The numbers here are small in every direction. With only 7 homes active out of 478 total, buyers are working with a narrow slice of what the community holds, and that scarcity is the main driver of the seller-leaning read at 1.6 months of supply. There is no meaningful cushion of unsold inventory to negotiate against.
Construction spans four decades, from 1945 through 1985, with a median build year of 1976 - meaning most homes here are on their second or third generation of major systems and finishes. The community carries no identified shared amenities from current MLS listings, so whatever appeal Palm Terrace Gardens holds is tied to the individual homes and their condition, not a clubhouse or common-area package.
The location and the amenities are priced into every listing in Palm Terrace Gardens. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Palm Terrace Gardens buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (6.5). Basis: Recent Direction -3.1% year-over-year; Liquidity & Demand 1.9 months of supply; Owner Commitment 50% owner-occupied; Pricing Power 96.5% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a community this small, with only 7 active listings against 478 homes, timing and access matter more than usual - we track new listings closely and can help you move before thin inventory tightens further, while also reading each home's age and condition against what similar Port Richey properties are actually closing at.
Palm Terrace Gardens in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Flood & Insurance Context
Of 20 sampled listing addresses in this community: 100% outside the FEMA Special Flood Hazard Area (Zone X/B/C).
Address-sampled; individual parcels vary - verify any specific address at msc.fema.gov. Check any address at FEMA's Flood Map Service Center, and see average home-insurance costs by Florida county.
Source: FEMA National Flood Hazard Layer, address-level lookups (n=20) · as of 2026-10
Tools for a Palm Terrace Gardens buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Palm Terrace Gardens sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Palm Terrace Gardens, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Palm Terrace Gardens home worth?
Get a no-obligation home value based on real comparable sales in Palm Terrace Gardens, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Recently off market in PALM TERRACE GARDENS
Homes in PALM TERRACE GARDENS that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 6 on record.
- 11105 Areca Drive · off market
- 11236 Yellowwood Lane · off market
- 7511 Tyson Drive · off market
- 7615 Ironbark Drive · off market
- 7715 Foxbloom Drive · off market
- 7923 Ironbark Drive · off market
| Location | Port Richey, Pasco County, FL · ZIP 34668 |
|---|---|
| Homes in the community | 478 (FL DOR 2025 assessment roll) |
| Years built | 1945–1985 (median 1976) |
| Typical living area | 1,548 sq ft (median) |
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | Closed Circuit Camera(s), None, Security Gate |
| Sale prices, last 12 months | $235,000 median across 47 closed sales · $177 per sq ft · -3.1% vs the prior 12 months |
| Days on market (closed sales) | 25 median |
| For sale right now | 8 active, 2 pending · median asking $256,050 · 1.9 months of supply |
| Owner-occupied (homestead) share | 50% |
Data as of August 2, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2004 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Palm Terrace Gardens key facts,” movewithmomentum.com/neighborhoods/palm-terrace-gardens, data as of August 2, 2026.
Housing distress & ownership in PALM TERRACE GARDENS, Port Richey
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period October 2026 through October 2026. Deemed reliable but not guaranteed.
Just listed in Palm Terrace Gardens
The newest homes for sale in Palm Terrace Gardens right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 7820 Birchwood Drive $244,900 · 3 bd · 2 ba · 1,444 sq ft · 1 day on market Courtesy of ENTERA REALTY LLC
- 7735 Hawthorn Drive $290,000 · 3 bd · 2 ba · 1,428 sq ft · 1 day on market Courtesy of RE/MAX SUNSET REALTY
- 7535 Ironbark Drive $225,000 · 2 bd · 2 ba · 1,446 sq ft · 1 day on market Courtesy of FLORIDA LUXURY REALTY INC
- 7815 Greybirch Terrace $259,000 · 2 bd · 2 ba · 1,448 sq ft · 4 days on market Courtesy of FUTURE HOME REALTY INC
- 7700 Birchwood Drive $250,000 · 2 bd · 2 ba · 1,234 sq ft · 5 days on market Courtesy of REALTY EXPERTS
- 7904 Judith Crescent $328,000 · 3 bd · 2 ba · 1,483 sq ft · 21 days on market Courtesy of AVENUE HOMES LLC
Checked against the MLS Oct 15, 2026. All new listings in this market.
Every Home for Sale in Palm Terrace Gardens Right Now (14)
All 14 active and pending Palm Terrace Gardens listings with a detail page, newest first, refreshed twice a day from the MLS.
- 7535 Ironbark Drive · $225,000 · 2 bd / 2 ba · listed Oct 13, 2026 · listed by Florida Luxury Realty Inc
- 7735 Hawthorn Drive · $290,000 · 3 bd / 2 ba · listed Oct 10, 2026 · listed by Re/Max Sunset Realty
- 7820 Birchwood Drive · $244,900 · 3 bd / 2 ba · listed Oct 9, 2026 · listed by Entera Realty Llc
- 7700 Birchwood Drive · $250,000 · 2 bd / 2 ba · listed Oct 9, 2026 · listed by Realty Experts
- 7815 Greybirch Terrace · $259,000 · 2 bd / 2 ba · listed Oct 2, 2026 · listed by Future Home Realty Inc
- 7501 Foxbloom Drive · $249,500 · 3 bd / 2 ba · pending · listed Sep 22, 2026 · listed by 54 Realty Llc
- 7904 Judith Crescent · $328,000 · 3 bd / 2 ba · listed Sep 16, 2026 · listed by Avenue Homes Llc
- 7641 Judith Crescent · $275,000 · 3 bd / 2 ba · pending · listed Sep 10, 2026 · listed by Future Home Realty Inc
- 7710 Venice Drive · $257,100 · 3 bd / 2 ba · pending · listed Aug 12, 2026 · listed by Everystate Inc.
- 7710 Birchwood Drive · $249,900 · 3 bd / 2.5 ba · listed Aug 11, 2026 · listed by Jt Realty & Associates
- 7811 Tyson Drive · $345,000 · 3 bd / 2.5 ba · pending · listed Jul 18, 2026 · listed by Friends Realty Llc
- 11130 Tamarix Ave · $248,000 · 2 bd / 2 ba · listed Jul 16, 2026 · listed by Elevate Real Estate Brokers Of Florida Llc
- 7721 Arbordale Drive · $209,000 · 2 bd / 1.5 ba · listed Jul 16, 2026 · listed by Future Home Realty Inc
- 11205 Glover Road · $225,000 · 2 bd / 2 ba · pending · listed Jul 16, 2026 · listed by Keller Williams Realty- Palm H
Recently sold in Palm Terrace Gardens
- 11105 Areca Drive · sold $215,000
- 11236 Yellowwood Lane · sold $245,000
- 7615 Ironbark Drive · sold $229,000
- 7715 Foxbloom Drive · sold $320,000
Closed sales from the MLS; each page shows the sold price, taxes and value history.
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- ZIP 34668 housing scorecard
Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Hawthorn Drive (36 homes on record)
- Ilex Drive (35 homes on record)
- Ironbark Drive (34 homes on record)
- Greybirch Terrace (33 homes on record)
- Birchwood Drive (28 homes on record)
- Tyson Drive (27 homes on record)
- Judith Crescent (25 homes on record)
- Yellowwood Lane (24 homes on record)
- Foxbloom Drive (17 homes on record)
- Hawthorn Drive (12 homes on record)
- Meadow Drive (9 homes on record)
- Hawthorn Drive (8 homes on record)
Email me new listings in Palm Terrace Gardens
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Ask an agent about Palm Terrace Gardens
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Palm Terrace Gardens will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
What is the median home price in Palm Terrace Gardens?
How long do homes in Palm Terrace Gardens take to sell?
Is Palm Terrace Gardens a buyer's or seller's market right now?
How many homes are in Palm Terrace Gardens?
What share of Palm Terrace Gardens is owner-occupied?
When were the homes in Palm Terrace Gardens built?
Do cash buyers compete in Palm Terrace Gardens?
Who is the best real estate agent for Palm Terrace Gardens?
How do I find a top Port Richey real estate agent who knows Palm Terrace Gardens?
Can Momentum Realty connect me with an agent for Palm Terrace Gardens?
Where is Palm Terrace Gardens, and what county is it in?
Is Palm Terrace Gardens in a flood zone?
Is Palm Terrace Gardens a good place to live?
Should you buy in Palm Terrace Gardens?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: October 15, 2026) |
| Community market stats | Stellar MLS closed sales, 12-month windows ending August 2, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (community parcel extract) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2004 (360 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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See how PALM TERRACE GARDENS fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
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More on Palm Terrace Gardens
- Home values · What homes in Palm Terrace Gardens actually sell for