Momentum Housing Data · Home Values · Pasco County
COLONIAL HILLS (NEW PORT RICHEY, FL): 69 recorded closings in the 12 months ending 2026-08-02, a 14-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 97.6% of original asking; the median sale took 18 days (window ending 2026-08-02).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $239,000 | $195 | 18 | 97.6% | 69 |
| 2025 | $249,900 | $199 | 23 | 98.3% | 87 |
| 2024 | $247,500 | $204 | 16 | 96.5% | 59 |
| 2023 | $255,000 | $201 | 16 | 97.9% | 50 |
| 2022 | $235,000 | $182 | 5 | 100.0% | 117 |
| 2021 | $209,500 | $159 | 3 | 102.2% | 22 |
| 2019 | $129,000 | $102 | 35 | 92.2% | 15 |
| 2018 | $111,000 | $88 | 11 | 98.5% | 21 |
| 2017 | $95,950 | $79 | 7 | 99.0% | 79 |
| 2016 | $72,750 | $56 | 34 | 97.0% | 84 |
| 2015 | $72,500 | $56 | 38 | 94.1% | 66 |
| 2014 | $49,000 | $43 | 34 | 91.9% | 40 |
| 2013 | $53,262 | $40 | 51 | 91.8% | 24 |
| 2012 | $51,000 | $42 | 156 | 85.5% | 17 |
Over the recorded series, COLONIAL HILLS’s median sold price moved from $51,000 (2012) to $239,000 (12 months ending 2026-08-02) — +369% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2012 at $51,000. The 2020–22 run-up did what it did everywhere — COLONIAL HILLS’s median moved +82% from 2019 to 2022. Against the 2023 peak of $255,000, the current median stands at -6%. Annual sales volume here has ranged from 0 to 117 closings a year (10-yr average 51.9).
What actually trades here: 100% single-family residence, 0% ?, 0% condominium, with a median of 1,310 sq ft and a median price per square foot of $195 in the current window.
Of the 194 recorded COLONIAL HILLS closings since 2024, half landed between $215,000 and $284,750 (the middle two quartiles); the lowest recorded sale was $104,000 and the highest $505,900. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.
| Sold price band | Share of closings | Sales |
|---|---|---|
| Under $175,000 | 11 (6%) | |
| $175,000 – $225,000 | 52 (27%) | |
| $225,000 – $275,000 | 71 (37%) | |
| $275,000 – $325,000 | 46 (24%) | |
| None and up | 14 (7%) |
The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Smaller homes here have been selling at a higher price per square foot than larger ones ($208 vs $186) — the usual pattern, since lot, kitchen and baths do not scale with floor area.
| Size group | Median $/sqft | Median sold | Sold range | Sales |
|---|---|---|---|---|
| Smaller homes 840–1,128 sq ft | $208 | $219,866 | $104,000 – $300,000 | 64 |
| Mid-size homes 1,128–1,345 sq ft | $202 | $242,250 | $110,000 – $341,500 | 64 |
| Larger homes 1,345–2,199 sq ft | $186 | $288,500 | $190,999 – $505,900 | 66 |
At COLONIAL HILLS’s $239,000 median and Pasco County’s adopted 16.15 mills (FY2025-26), a home assessed at that price carries roughly $3,860 a year in property tax before exemptions, or about $3,210 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Pasco County tax page.
Since 2003, 1041 COLONIAL HILLS listings were withdrawn, canceled, or expired without selling (28 so far in 2026) — overpricing is the recurring cause statewide. Over the recorded years, an average of 59% of COLONIAL HILLS listings ended without selling (withdrawn/canceled/expired); in 2026 that rate was 41%. Momentum’s market-heat index for COLONIAL HILLS reads 40/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
Cash bought 27% of recorded COLONIAL HILLS sales in the window ending 2026-06 (21 of 77) — a fact worth knowing before assuming every buyer needs an appraisal to close. The table above is the closed-sale record to price a COLONIAL HILLS home against; asking prices are an opening position, recorded closings are the value.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping COLONIAL HILLS are also weighing (same ZIP), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| ARBORWOOD AT SUMMERTREE | $239,000 | $173 | 39 | 13 |
| HILLANDALE | $240,000 | $182 | 20 | 27 |
| LITTLE RDG | $235,000 | $141 | 79 | 7 |
| RICHEY LAKES | $232,500 | $192 | 54 | 3 |
| School | Level | FLDOE grade |
|---|---|---|
| Pasco County Public Schools (verify by address) | Public | — |
| Confirm zoned elementary, middle, and high | By address | — |
| Magnet and choice options may apply | Choice | — |
Assignments and grades as recorded/published; both change — verify current zoning with the district before relying on it. Grades are the state’s official FLDOE ratings, reported as published.
More COLONIAL HILLS: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
Based on Stellar MLS data distributed by MLS GRID for the period 2004 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.