Colonial Hills
Homes for Sale in New Port Richey, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Homes For Sale Right Now in Colonial Hills
Live MLS inventory for Colonial Hills. 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 · 11 daysTop listing
Active · 42 days
Active · 40 days
Active · 107 days
Active · 175 days
Active · 3 days
Active · 7 days
Active · 121 days
Active · 197 days
Active · 72 days
Active · 9 days
Pending · 96 days
Pending · 12 daysActive and pending Colonial Hills listings as of 2026-10-23, 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.
Colonial Hills right now
🟡 Off the recent peak. The trailing-12-month median ($239K) is down 4.4% from the prior 12 months ($250K) and up 369% since 2012.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending August 2. Confidence: Very High (69 and 87 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated August 2, 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
Colonial Hills market snapshot (as of August 2, 2026): the median sale price is about $239K ($195 per sq ft over the trailing 12 months of closed sales), and a median 18 days on market for closed sales. The trailing-12-month median is down 4% from the prior 12 months and up 369% since 2012, computed from record-level Stellar MLS closed sales (69 closings in the current window).
Colonial Hills is a community of 458 homes in New Port Richey, Pasco County, built between 1967 and 2024 (median 1970), with a median living area of about 1,365 square feet. 57% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
The setting & the homes.
Aerial and on-site photos of Colonial Hills. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Colonial HillsColonial HillsColonial HillsColonial HillsColonial HillsColonial HillsColonial HillsColonial HillsPhotos from Stellar MLS listings in Colonial Hills; content deemed reliable but not guaranteed.
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 ($239K) IS the median in the snapshot above, and the move from 2025 ($250K) IS the -4.4% one-year change.
Windows contain 0 to 117 sales each (69 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.
24% of homes for sale in ZIP 32803 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 (2026-08-01).
Colonial Hills Market Scorecard
Colonial Hills is currently a balanced market., and homes go under contract in about 42 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Stellar MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in COLONIAL HILLS, NEW 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.
Colonial Hills 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
- Pasco County Public Schools (verify by address) · Public
- Confirm zoned elementary, middle, and high · By address
- Magnet and choice options may apply · Choice
Zoned schools reflect the assignments reported on recent Colonial Hills 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 Colonial Hills address.
Recent Developments in Colonial Hills
Development, infrastructure, retail, and school activity affecting Colonial Hills, 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 north of Colonial Hills.
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 24 miles east of Colonial Hills, 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 16 miles east of Colonial Hills, 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 project is about 13 miles northeast of Colonial Hills, elsewhere in Pasco County.
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 Colonial Hills, 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 Colonial Hills buying strategy.
If we were buying in Colonial Hills 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 Colonial Hills.
A closer look at the Colonial Hills market
At a median of $195 per square foot, Colonial Hills prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.
The trailing-12-month median down 4% year over year. Homes that do trade take a median 18 days on market, useful leverage on any listing that has lingered.
The housing stock is 458 homes built between 1967 and 2024, and 57% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.
The location and the amenities are priced into every listing in Colonial Hills. 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 Colonial Hills 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 (7.3). Basis: Long-Term Appreciation +369% since 2012; Recent Direction -4.4% year-over-year; Owner Commitment 57% owner-occupied; Pricing Power 97.6% sale-to-list. Refreshed with each data update.
Tools for a Colonial Hills 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 Colonial Hills sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Colonial Hills, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Colonial Hills home worth?
Get a no-obligation home value based on real comparable sales in Colonial Hills, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Colonial Hills on the map →
Frequently Asked Questions
What is the median home price in Colonial Hills?
How long do homes in Colonial Hills take to sell?
How many homes are in Colonial Hills?
What share of Colonial Hills is owner-occupied?
When were the homes in Colonial Hills built?
Do cash buyers compete in Colonial Hills?
Have Colonial Hills home prices gone up?
What schools serve Colonial Hills?
Who is the best real estate agent for Colonial Hills?
How do I find a top New Port Richey real estate agent who knows Colonial Hills?
Can Momentum Realty connect me with an agent for Colonial Hills?
Nearby Communities
Explore more neighborhoods near Colonial Hills with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: October 23, 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 |
| Schools | 2025-26 district assignments + FLDOE school grades; verify with the district |
| Historical depth | Closed-sale records back to 2004 (816 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 COLONIAL HILLS fits the bigger picture — live prices, inventory, and Momentum Scores: