Momentum Housing Data · Home Values · Pasco County
Buying here? See Tropic Shores homes for sale and the Tropic Shores community guide (New Port Richey).
Tropic Shores (NEW PORT RICHEY, FL): 4 recorded closings in the 12 months ending 2026-09-20, 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 2026-09-20).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $522,500 | $261 | 98 | 93.2% | 4 |
| 2024 | $479,950 | $316 | 21 | 96.6% | 4 |
| 2023 | $475,950 | $282 | 5 | 99.7% | 4 |
| 2017 | $190,000 | $96 | 121 | 83.8% | 3 |
Over the recorded series, Tropic Shores’s median sold price moved from $190,000 (2017) to $522,500 (12 months ending 2026-09-20) — +175% over that span, with every year’s figure from recorded closings, not a model.
From the live MLS feed as of 2026-10-01: The homes listed or recently sold were built between 1966 and 1999 (median 1994); 3 of the current listings state there is no HOA; 5 of 7 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.
Current asking prices run a median $549,450 against the $522,500 recorded sold median (+5%) — the gap between what sellers hope and what the record shows. The market is carrying about 6 months of supply at the current sales pace. Demand check: 0% of Tropic Shores’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.
Asking and recorded sold prices are within a few percent of each other here, so the table above is close to what a Tropic Shores buyer will actually pay; the spread on any single home comes down to size, condition and timing.
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 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.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| New Port Richey City | $270,000 | $223 | 39 | 37 |
| Holiday Garden Estates | $265,000 | $202 | 16 | 11 |
| Wilds Condo | $135,250 | $125 | 71 | 16 |
| HOLIDAY GARDENS ESTATES | $267,000 | $193 | 17 | 19 |
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
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.