Momentum Housing Data · Home Values · Pasco County
Buying here? See Magnolia Valley homes for sale and the Magnolia Valley community guide (New Port Richey).
Magnolia Valley (NEW PORT RICHEY, FL): 37 recorded closings in the 12 months ending 2026-09-20, a 13-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 94.7% of original asking; the median sale took 49 days (window ending 2026-09-20).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $255,000 | $180 | 49 | 94.7% | 37 |
| 2025 | $257,500 | $197 | 31 | 95.7% | 28 |
| 2024 | $255,000 | $184 | 28 | 91.6% | 27 |
| 2023 | $259,500 | $195 | 8 | 98.1% | 16 |
| 2022 | $250,000 | $175 | 5 | 100.9% | 47 |
| 2021 | $233,000 | $158 | 2 | 103.9% | 11 |
| 2019 | $133,000 | $92 | 32 | 95.9% | 7 |
| 2018 | $127,500 | $88 | 12 | 95.6% | 17 |
| 2017 | $108,000 | $79 | 27 | 95.5% | 36 |
| 2016 | $78,904 | $58 | 27 | 93.9% | 42 |
| 2015 | $60,000 | $52 | 76 | 90.6% | 19 |
| 2014 | $51,162 | $40 | 59 | 86.9% | 14 |
| 2012 | $48,500 | $39 | 187 | 72.6% | 4 |
Over the recorded series, Magnolia Valley’s median sold price moved from $48,500 (2012) to $255,000 (12 months ending 2026-09-20) — +426% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2012 at $48,500. The 2020–22 run-up did what it did everywhere — Magnolia Valley’s median moved +88% from 2019 to 2022. Against the 2023 peak of $259,500, the current median stands at -2%. Annual sales volume here has ranged from 0 to 47 closings a year (10-yr average 22.6).
Of the 86 recorded Magnolia Valley closings since 2024, half landed between $215,500 and $288,750 (the middle two quartiles); the lowest recorded sale was $70,000 and the highest $359,000. 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 band | Share of closings | Sales |
|---|---|---|
| Under $175,000 | 9 (10%) | |
| $175,000 – $225,000 | 20 (23%) | |
| $225,000 – $275,000 | 28 (33%) | |
| $275,000 – $325,000 | 22 (26%) | |
| None and up | 7 (8%) |
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. Price per square foot is nearly flat across sizes here ($177 to $179), so square footage alone explains most of the price spread.
| Size group | Median $/sqft | Median sold | Sold range | Sales |
|---|---|---|---|---|
| Smaller homes 783–1,292 sq ft | $177 | $216,000 | $70,000 – $355,000 | 28 |
| Mid-size homes 1,298–1,325 sq ft | $192 | $255,000 | $180,000 – $319,900 | 28 |
| Larger homes 1,325–1,845 sq ft | $179 | $270,000 | $200,000 – $359,000 | 30 |
From the live MLS feed as of 2026-10-01: 7 active listings (plus 1 pending) asking from $85,000 to $278,000, median $232,000; 4 of 7 have been on the market over 60 days (median 91 days so far); the homes listed or recently sold were built between 1969 and 1989 (median 1974); 8 of 20 listed or recently sold homes report an HOA, median $3/mo; 4 state no HOA; 14 of 18 geocoded listed or recently sold homes sit inside a FEMA special flood hazard zone (A/V), which buyers’ lenders will price into insurance; median elevation 13 ft; the features listings here most often name are Street Lights, Buyer Approval Required and Deed Restrictions. For a seller this is the competition a buyer will tour alongside your home; for a buyer, the stale share is where negotiating room usually is. See the current Magnolia Valley listings →
At Magnolia Valley’s $255,000 median and Pasco County’s adopted 16.15 mills (FY2025-26), a home assessed at that price carries roughly $4,120 a year in property tax before exemptions, or about $3,470 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.
Current asking prices run a median $221,000 against the $255,000 recorded sold median (-13%) — the gap between what sellers hope and what the record shows. The market is carrying about 2.5 months of supply at the current sales pace. Demand check: 11% of Magnolia Valley’s listings are under contract, against 22% for ZIP 34653 and 22% for Pasco County as a whole — the community is currently absorbing slower than its surroundings, which is negotiating information. Momentum’s market-heat index for Magnolia Valley reads 27/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
Asking prices here currently sit -13% under the recorded sold median — sellers are pricing to move, and the closed record above is the number a buyer's appraiser will see.
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 Magnolia Valley are also weighing (nearest by map distance), 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 |
|---|---|---|---|---|
| Little Rdg | $235,000 | $141 | 66 | 9 |
| RICHEY LAKES | $232,500 | $192 | 54 | 3 |
| Lakewood Villas | $271,250 | $218 | 13 | 6 |
| Orchid Lake Village | $320,000 | $184 | 18 | 31 |
More Magnolia Valley: 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.