Momentum Housing Data · Home Values · Pasco County

NEW PORT RICHEY CITY Home Values: What Homes Actually Sell For

NEW PORT RICHEY CITY (NEW PORT RICHEY, FL): 31 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
$265,000
-2.2% vs prior year · window ending 2026-08-02
Median $/sqft
$223
31 recorded closings
Median days to sell
39
from list to contract-to-close record

In the current window, sellers accepted a median 94.9% of original asking; the median sale took 39 days (window ending 2026-08-02).

The 11-year recorded price history

20152026
YearMedian soldMedian $/sqftMedian DOMSold ÷ original askSales
2026$265,000$2233994.9%31
2025$271,000$2213590.6%36
2024$287,000$2401496.2%42
2023$270,000$262896.9%17
2022$245,000$219599.8%68
2021$257,500$17423100.0%4
2019$118,150$991293.3%4
2018$129,900$1007289.7%7
2017$85,500$7426100.0%37
2016$75,000$623393.3%33
2015$64,500$584296.5%12

Over the recorded series, NEW PORT RICHEY CITY’s median sold price moved from $64,500 (2015) to $265,000 (12 months ending 2026-08-02) — +311% over that span, with every year’s figure from recorded closings, not a model.

The last decade in NEW PORT RICHEY CITY, briefly

The recorded series starts in 2015 at $64,500. The 2020–22 run-up did what it did everywhere — NEW PORT RICHEY CITY’s median moved +107% from 2019 to 2022. Against the 2024 peak of $287,000, the current median stands at -8%. Annual sales volume here has ranged from 0 to 68 closings a year (10-yr average 24.6).

What actually trades here: 99% single-family residence, 1% ?, 0% villa, 0% townhouse, with a median of 1,174 sq ft and a median price per square foot of $223 in the current window.

Where NEW PORT RICHEY CITY sales actually landed, 2024–2026

Of the 95 recorded NEW PORT RICHEY CITY closings since 2024, half landed between $232,000 and $341,500 (the middle two quartiles); the lowest recorded sale was $120,000 and the highest $1,250,000. 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 $150,000
4 (4%)
$150,000 – $241,667
29 (31%)
$241,667 – $333,333
36 (38%)
$333,333 – $425,000
18 (19%)
None and up
8 (8%)

What homes of your size have sold for in NEW PORT RICHEY CITY

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 ($268 vs $208) — the usual pattern, since lot, kitchen and baths do not scale with floor area.

Size groupMedian $/sqftMedian soldSold rangeSales
Smaller homes
610–1,004 sq ft
$268$212,500$120,000 – $380,00031
Mid-size homes
1,007–1,324 sq ft
$225$250,500$125,000 – $495,00031
Larger homes
1,332–4,259 sq ft
$208$350,000$140,000 – $1,250,00033

What is on the market in NEW PORT RICHEY CITY right now

From the live MLS feed as of 2026-09-03: 11 active listings (plus 3 pending) asking from $289,900 to $1,749,000, median $399,900; 3 of 11 have been on the market over 60 days (median 35 days so far); the homes listed or recently sold were built between 1927 and 2021 (median 1957); 14 of the current listings state there is no HOA; 4 of 25 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 16 ft. 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 NEW PORT RICHEY CITY listings →

At NEW PORT RICHEY CITY’s $265,000 median and Pasco County’s adopted 16.15 mills (FY2025-26), a home assessed at that price carries roughly $4,280 a year in property tax before exemptions, or about $3,630 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 NEW PORT RICHEY CITY right now: what the record says

Current asking prices run a median $420,000 against the $265,000 recorded sold median (+58%) — the gap between what sellers hope and what the record shows. The market is carrying about 4 months of supply at the current sales pace. Demand check: 24% of NEW PORT RICHEY CITY’s listings are under contract, against 16% for ZIP 34652 and 24% for Pasco County as a whole — roughly in line with its surroundings. Since 2004, 688 NEW PORT RICHEY CITY listings were withdrawn, canceled, or expired without selling (19 so far in 2026) — overpricing is the recurring cause statewide. Over the recorded years, an average of 71% of NEW PORT RICHEY CITY listings ended without selling (withdrawn/canceled/expired); in 2026 that rate was 50%. Momentum’s market-heat index for NEW PORT RICHEY CITY reads 39/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).

Cash bought 33% of recorded NEW PORT RICHEY CITY sales in the window ending 2026-06 (11 of 33) — a fact worth knowing before assuming every buyer needs an appraisal to close. With asking prices running +58% over the recorded sold median, a NEW PORT RICHEY CITY listing priced against the closed record above stands out against its competition; one priced against the asking crowd joins the statewide list of homes that never sold.

What would YOUR NEW PORT RICHEY CITY 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.

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How NEW PORT RICHEY CITY compares with its neighbors

Communities buyers shopping NEW PORT RICHEY CITY 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.

CommunityMedian soldMedian $/sqftMedian DOMSales
TROPIC SHORES$522,500$261984
JASMIN POINT ESTATES$298,250$147873
PINES NEW PORT RICHEY$172,000$157383
HOLIDAY GARDEN ESTATES$272,500$2061310

More NEW PORT RICHEY CITY: 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