Hillandale vs Park Lake Estates
Two Pasco communities, compared on the numbers that decide it — price, pace, and supply — from live MLS data as of 2026-10-02.
| Metric | Hillandale | Park Lake Estates |
|---|---|---|
| Median sale price | $247K | $280K |
| Price per sq ft | $194 | $212 |
| Avg days on market | 92 days | 46 days |
| Months of supply | 3.4 mo | 3.3 mo |
| Market | Buyer-Leaning Market | Balanced Market |
| 1-year price change | False | False |
| Recent closings | 32 | 29 |
The verdict
Park Lake Estates carries the higher median price — about 13% above Hillandale. Homes in Park Lake Estates sell faster (46 days on market vs 92). Park Lake Estates is the tighter market on inventory (3.3 months of supply).
Where each one is
| Hillandale | Park Lake Estates | |
|---|---|---|
| County | Pasco County, FL | Pasco County, FL |
| City / area | New Port Richey | New Port Richey |
| ZIP | 34653 | 34653 |
| FEMA flood zones (sampled parcels) | not enough parcels sampled | 61% of 18 homes outside a flood zone (Zone X) |
Distances are straight-line; driving distance is usually 15 to 30 percent more. Flood-zone shares come from FEMA flood maps matched to sampled parcels; always check the exact address before you close.
What is for sale today
| Hillandale | Park Lake Estates | |
|---|---|---|
| Homes for sale now | 9 | 8 |
| Under contract | 0 | 1 |
| Asking prices today | $207K to $315K | $255K to $445K |
| Property types listed | Single Family Residence | Single Family Residence |
Live MLS counts, refreshed with every listing pull. Browse them: Hillandale homes for sale · Park Lake Estates homes for sale.
The homes themselves
| Hillandale | Park Lake Estates | |
|---|---|---|
| Homes (parcels) | 283 | 142 |
| Built | 1972–2004 (median 1974) | 1978–1994 (median 1984) |
| Typical living area | 1,526 sq ft | 1,792 sq ft |
| Homesteaded (owner-occupied) share | 53% | 73% |
Housing-stock figures from the Florida Department of Revenue 2025 assessment roll (public records).
Price history, year by year
| Year | Hillandale median | Park Lake Estates median |
|---|---|---|
| 2012 | $54K (7 sales) | $79K (3 sales) |
| 2013 | $46K (9 sales) | $91K (12 sales) |
| 2014 | $43K (13 sales) | $110K (20 sales) |
| 2015 | $58K (13 sales) | $134K (24 sales) |
| 2016 | $57K (19 sales) | $135K (49 sales) |
| 2017 | $80K (17 sales) | $151K (37 sales) |
| 2018 | $102K (8 sales) | $155K (11 sales) |
| 2019 | $115K (6 sales) | $182K (6 sales) |
| 2021 | $214K (6 sales) | $290K (10 sales) |
| 2022 | $232K (33 sales) | $335K (33 sales) |
| 2023 | $247K (14 sales) | $325K (19 sales) |
| 2024 | $234K (22 sales) | $320K (31 sales) |
| 2025 | $230K (23 sales) | $299K (27 sales) |
| 2026 | $240K (27 sales) | $317K (26 sales) |
Since 2012, Hillandale's median sale price is +341% and Park Lake Estates's is +302% — Hillandale has appreciated faster over that stretch.
How each one trades
| Hillandale | Park Lake Estates | |
|---|---|---|
| Sale-to-original-list | 97.8% | 95.2% |
| New-construction share of sales | 0% | 0% |
| Typical sold home | 1,264 sq ft | 1,512 sq ft |
| Momentum market-heat score | 66 (hot) | 44 (normal) |
Last 12 months of recorded closings; sale-to-original-list is the share of the first asking price sellers actually got.
Schools the listings are zoned for
| Hillandale | Park Lake Estates | |
|---|---|---|
| Elementary | Richey Elementary School | Deer Park Elementary-Po |
| Middle | Gulf Middle-Po | River Ridge Middle-Po |
| High school | Gulf High-Po | River Ridge High-Po |
The school most often recorded on each community's MLS listings. Always confirm a specific address with the district.
Which one fits
On budget alone, Hillandale is the lower entry point (median $247K vs $280K). Buyers who want newer construction (fewer near-term roof, HVAC and re-plumb items, and easier insurance quotes in Florida) will find it in Park Lake Estates; Hillandale trades that for a more established street and, typically, larger lots. Sellers get a faster sale in Park Lake Estates (46 days on market on average); buyers get more negotiating room where homes sit longer.
Neither number set decides it: drive both on a weekday evening, check the HOA documents and the flood zone for the exact street, and price the insurance before you write an offer. A Momentum agent who works both communities can pull the comparable sales for any two specific homes.
Questions people ask
Is Park Lake Estates more expensive than Hillandale?
Yes, on recent sales: the median sale price in Park Lake Estates is $280,000 versus $247,000 in Hillandale, about 13% higher.
Which has newer homes, Hillandale or Park Lake Estates?
Park Lake Estates: its homes were built 1978–1994 with a median year of 1984, versus a median of 1974 in Hillandale (Florida DOR assessment roll).
Which has bigger homes?
Park Lake Estates. The typical home there is 1,792 sq ft of living area, versus 1,526 sq ft in Hillandale.
Which has appreciated more, Hillandale or Park Lake Estates?
From 2012 to 2026 the median sale price rose 341% in Hillandale and 302% in Park Lake Estates (recorded MLS closings by calendar year).
Where do sellers get closer to asking price?
Hillandale — sellers there received 97.8% of the original list price over the last 12 months versus 95.2% in Park Lake Estates.
What high schools serve Hillandale and Park Lake Estates?
Listings in Hillandale most often report Gulf High-Po; listings in Park Lake Estates report River Ridge High-Po. Zoning is set by the district and can change - verify by address.
Go deeper on each: Hillandale homes, photos & schools · Park Lake Estates homes, photos & schools
Figures are aggregates from realMLS / DBAAR, updated regularly. Thinking about either? Talk to Momentum Realty.