Momentum Housing Data · Home Values · Pasco County

TROPIC SHORES Home Values: What Homes Actually Sell For

TROPIC SHORES (NEW PORT RICHEY, FL): 4 recorded closings in the 12 months ending 2026-08-02, a 4-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.

In the current window, sellers accepted a median 93.2% of original asking; the median sale took 98 days (window ending 2026-08-02).

The 4-year recorded price history

Over the recorded series, TROPIC SHORES’s median sold price moved from $198,162 (2017) to $522,500 (12 months ending 2026-08-02) — +164% over that span, with every year’s figure from recorded closings, not a model.

What actually trades here: 100% single-family residence, with a median of 1,936 sq ft and a median price per square foot of $261 in the current window.

The TROPIC SHORES housing stock, from the live feed

From the live MLS feed as of 2026-09-03: The homes listed or recently sold were built between 1966 and 1999 (median 1994); 5 of 5 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 3 ft. See the current TROPIC SHORES listings →

At TROPIC SHORES’s $522,500 median and Pasco County’s adopted 16.15 mills (FY2025-26), a home assessed at that price carries roughly $8,440 a year in property tax before exemptions, or about $7,790 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 TROPIC SHORES right now: what the record says

Current asking prices run a median $584,900 against the $522,500 recorded sold median (+12%) — the gap between what sellers hope and what the record shows. The market is carrying about 3 months of supply at the current sales pace. Demand check: 0% of TROPIC SHORES’s listings are under contract, against 30% for ZIP 34653 and 24% for Pasco County as a whole — the community is currently absorbing slower than its surroundings, which is negotiating information. Since 2005, 48 TROPIC SHORES listings were withdrawn, canceled, or expired without selling (7 so far in 2026) — overpricing is the recurring cause statewide. Over the recorded years, an average of 69% of TROPIC SHORES listings ended without selling (withdrawn/canceled/expired); in 2026 that rate was 78%.

Cash bought 25% of recorded TROPIC SHORES sales in the window ending 2026-06 (1 of 4) — a fact worth knowing before assuming every buyer needs an appraisal to close. With asking prices running +12% over the recorded sold median, a TROPIC SHORES 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.

How TROPIC SHORES compares with its neighbors

Communities buyers shopping TROPIC SHORES 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.

More TROPIC SHORES: 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 2009 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