Momentum Housing Data · Home Values · Pasco County

FOREST LAKE ESTATES Home Values: What Homes Actually Sell For

FOREST LAKE ESTATES (PORT RICHEY, FL): 6 recorded closings in the 12 months ending 2026-08-02, an 11-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.

Median sold price
$316,000
-13.4% vs prior year · window ending 2026-08-02
Median $/sqft
$171
6 recorded closings
Median days to sell
31
from list to contract-to-close record

In the current window, sellers accepted a median 98.1% of original asking; the median sale took 31 days (window ending 2026-08-02).

The 11-year recorded price history

20122026
YearMedian soldMedian $/sqftMedian DOMSold ÷ original askSales
2026$316,000$1713198.1%6
2025$365,000$1861196.1%8
2024$349,999$1851697.1%17
2023$332,500$2012493.0%4
2022$260,000$15110101.0%13
2017$141,250$8926100.0%10
2016$129,900$847995.1%13
2015$108,950$676094.2%8
2014$86,450$606790.0%4
2013$96,000$517991.4%3
2012$95,000$5111877.3%3

Over the recorded series, FOREST LAKE ESTATES’s median sold price moved from $95,000 (2012) to $316,000 (12 months ending 2026-08-02) — +233% over that span, with every year’s figure from recorded closings, not a model.

The last decade in FOREST LAKE ESTATES, briefly

The recorded series starts in 2012 at $95,000. Against the 2025 peak of $365,000, the current median stands at -13%. Annual sales volume here has ranged from 0 to 17 closings a year (10-yr average 6.3). With roughly 6.3 closings a year, FOREST LAKE ESTATES’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.

What actually trades here: 96% single-family residence, 3% manufactured home - post 1977, 0% ?, with a median of 1,885 sq ft and a median price per square foot of $171 in the current window.

Where FOREST LAKE ESTATES sales actually landed, 2024–2026

Of the 24 recorded FOREST LAKE ESTATES closings since 2024, half landed between $289,500 and $376,250 (the middle two quartiles); the lowest recorded sale was $210,000 and the highest $635,000. 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 bandShare of closingsSales
Under $275,000
6 (25%)
$275,000 – $325,000
5 (21%)
$325,000 – $375,000
5 (21%)
$375,000 – $425,000
5 (21%)
None and up
3 (12%)

What homes of your size have sold for in FOREST LAKE ESTATES

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 ($196 vs $170) — the usual pattern, since lot, kitchen and baths do not scale with floor area.

Size groupMedian $/sqftMedian soldSold rangeSales
Smaller homes
1,248–1,717 sq ft
$196$271,500$210,000 – $300,0008
Mid-size homes
1,717–1,909 sq ft
$190$350,000$270,000 – $388,0008
Larger homes
1,914–5,209 sq ft
$170$400,000$307,000 – $635,0008

At FOREST LAKE ESTATES’s $316,000 median and Pasco County’s adopted 16.15 mills (FY2025-26), a home assessed at that price carries roughly $5,100 a year in property tax before exemptions, or about $4,450 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.

Selling in FOREST LAKE ESTATES right now: what the record says

Since 2003, 127 FOREST LAKE ESTATES listings were withdrawn, canceled, or expired without selling (2 so far in 2026) — overpricing is the recurring cause statewide. Over the recorded years, an average of 61% of FOREST LAKE ESTATES listings ended without selling (withdrawn/canceled/expired); in 2026 that rate was 33%. Momentum’s market-heat index for FOREST LAKE ESTATES reads 42/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).

Cash bought 29% of recorded FOREST LAKE ESTATES sales in the window ending 2026-06 (2 of 7) — a fact worth knowing before assuming every buyer needs an appraisal to close. The table above is the closed-sale record to price a FOREST LAKE ESTATES home against; asking prices are an opening position, recorded closings are the value.

What would YOUR FOREST LAKE ESTATES home sell for?

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.

By submitting, you agree Momentum Realty may contact you by phone, text, or email about your inquiry. Consent is not a condition of any purchase. Message/data rates may apply. Reply STOP to opt out. See our disclosures.

How FOREST LAKE ESTATES compares with its neighbors

Communities buyers shopping FOREST LAKE ESTATES 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.

CommunityMedian soldMedian $/sqftMedian DOMSales
WEST PORT SUB$320,000$1936419
ORCHID LAKE VILLAGE$322,500$1821724
RADCLIFFE ESTATES$330,000$2051111
DRIFTWOOD VILLAGE$280,000$171586

Assigned public schools

SchoolLevelFLDOE grade
District School Board of Pasco County (verify by address)Public—
Confirm zoned elementary, middle, and highBy address—
Choice and magnet options may applyChoice—

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 FOREST LAKE ESTATES: 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 2011 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