New Port Richey
Housing Market
Median sale price $267,000, up 1.8% year over year, with homes going under contract in about 45 days, 426 homes on the market.
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Housing Market Analyst
Inventory sits at 4.8 months of supply — balanced by the 3-to-6-month balanced benchmark, and 26% of listed homes are already under contract. Prices are up 1.8% versus the prior year and sellers are still collecting 93.6% of asking. Taken together, the data points to a broadly balanced market where preparation decides who wins.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors neither side decisively.
- Prices — balanced supply argues for a sideways market; condition and pricing decide individual outcomes.
- Inventory — building over the tracked window; watch whether that holds through the season.
- Negotiating power — buyers gain ground as 26% of inventory sits under contract.
- Mortgage sensitivity — at 4.9× income, this market is moderately sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current New Port Richey data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
One inventory number hides four different markets
Months of supply = active listings ÷ monthly sales pace, bucketing communities by their recent median. 3–6 months is the balanced band.
Where New Port Richey is hot — and where it isn't
Each dot is a community (194 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on New Port Richey
The median sale price across New Port Richey currently stands at $267,000, up 1.8% from a year ago. Buyers are paying a median of $195 per square foot. The typical home goes under contract in about 45 days. Sellers are capturing 93.6% of their original asking price on average.
There are 426 active listings on the market, with 130 more already under contract. At the current sales pace that works out to 4.8 months of supply — roughly balanced conditions by the standard six-month benchmark. 1,245 homes closed here over the trailing 12 months.
New Port Richey prices sit below the Pasco County median by roughly 25%. Zillow's home value index for Pasco County stands at $331,636. About 32% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for New Port Richey is 53 of 100 — balanced market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of September 15, 2026.
New Port Richey since 2012 — and where it’s heading
A median home here sold for $75,461 in 2012 and $300,045 over the last recorded year — 298% appreciation across 14 years of recorded sales. Cash buyers took 37% of recent sales, down from a 53% peak.
Median sale price · 2012–2026 (18,507 recorded sales)
Days on market by year
Cash buyers · share of sales
Home value trend · Pasco County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Pasco County (MLS)
Median price · daily recalculation
What’s driving New Port Richey
Top inbound states: NY, NJ, IL, CA. Movers arriving report ~$76,486 average income. Source: IRS SOI county-to-county migration, 2022-2023
8,233 Citizens policies in force in Pasco County — the state-backed insurer of last resort. Budget insurance into any Pasco purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
6,191 single-family · 1,687 multi-family · 13.4 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
The most crowded shelf in the market. Sellers here are competing hardest — which means overpaying in this band is the most avoidable mistake in New Port Richey right now.
The tightest band — sellers in this range hold the most leverage, and buyers should walk in with financing done and terms clean.
Both sides have a case: buyers should negotiate on days-on-market, sellers should lean on the under-contract rate. Preparation, not the market, decides who wins a balanced tape.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
How it stacks up across Pasco County
| Market | Median | Active | Score | |
|---|---|---|---|---|
| New Port Richey ← this page | $267K | 426 | 53 | |
| Zephyrhills | $340K | 300 | 50 | Open → |
| Wesley Chapel | $425K | 298 | 60 | Open → |
| Hudson | $300K | 228 | 44 | Open → |
| Land O' Lakes | $395K | 196 | 70 | Open → |
| Port Richey | $236K | 167 | 60 | Open → |
Neighborhoods on the move
| Gulf Harbors Woodlands Sec 30CNew Port Richey | $460K | ▲ 48% |
| Green Key EstatesNew Port Richey | $132K | ▲ 40% |
| Oak Ridge Unit 3New Port Richey | $725K | ▲ 37% |
| Flor A MarNew Port Richey | $545K | ▲ 32% |
| WATERS EDGE 02New Port Richey | $495K | ▲ 15% |
| Port Richey Land Co SubNew Port Richey | $108K | ▼ 42% |
| Wedgwood Village CondoNew Port Richey | $140K | ▼ 36% |
| Sea Castle CondoNew Port Richey | $148K | ▼ 22% |
| Deer Park Ph 02BNew Port Richey | $265K | ▼ 20% |
| Ridgewood Unit 2New Port Richey | $280K | ▼ 18% |
| Flor A MarNew Port Richey | $545K | 65 |
| Gardens Beacon SquareNew Port Richey | $66K | 35 |
| timber greens ph 01dNew Port Richey | $332K | 20 |
| GULF HARBORS WOODLANDSNew Port Richey | $315K | 16 |
| DEER PARKNew Port Richey | $310K | 14 |
| Deer Park Ph 02BNew Port Richey | $265K | 4 days |
| Imperial Embassy Condo UnrecNew Port Richey | $83K | 8 days |
| Fairway SpgsNew Port Richey | $320K | 9 days |
| Ridgewood Unit 2New Port Richey | $280K | 10 days |
| New Port Corners - Active AdultNew Port Richey | $270K | 13 days |
New Port Richey ZIP codes
Most active communities
More on New Port Richey
Put this data to work
The questions people actually ask
Should I buy a house in New Port Richey right now?
The data says conditions currently favor neither side decisively in New Port Richey — the Momentum Score reads 53/100 with 4.8 months of supply. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is New Port Richey becoming more affordable?
No — the median sale price in New Port Richey is $267,000, up 1.8% versus the prior year, while sellers still capture 93.6% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
Where are prices falling fastest in New Port Richey?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are Port Richey Land Co Sub (-42%); Wedgwood Village Condo (-36%); Sea Castle Condo (-22%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which New Port Richey neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are Deer Park Ph 02B (4 days); Imperial Embassy Condo Unrec (8 days); Fairway Spgs (9 days) — homes there go under contract well ahead of the market-wide pace of 45 days.
How does New Port Richey compare to the rest of Pasco County?
New Port Richey's median of $267,000 runs 25% below the county-wide median of $354,820, and homes here take 45 days to go under contract versus 47 county-wide.
New Port Richey housing market FAQ
How is the housing market in New Port Richey right now?
As of September 15, 2026, the New Port Richey housing market is roughly balanced: the median sale price is $267,000 (up 1.8% year over year), 426 homes are for sale against 1,245 sales in the last 12 months, which is 4.8 months of supply, and the typical home goes under contract in about 45 days.
How much is a house in New Port Richey?
The median home sold for $267,000 in New Port Richey over the last 12 months, about $195 per square foot; asking prices on the 426 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.
Is it a good time to sell a house in New Port Richey?
By the numbers, sellers in New Port Richey are getting 93.6% of asking price and going under contract in about 45 days with 4.8 months of supply. Under four months of supply generally favors sellers; over six favors buyers. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.
What is the New Port Richey housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: New Port Richey median sale prices are up 1.8% year over year, inventory stands at 4.8 months of supply, and 26% of listings are under contract. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.
What is the median home price in New Port Richey?
The median sale price in New Port Richey is currently $267,000, up 1.8% from a year ago, based on MLS sales data updated September 15, 2026.
Is New Port Richey a buyer's or seller's market right now?
The data currently is roughly balanced. New Port Richey scores 53 of 100 on the Momentum Score, with 4.8 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in New Port Richey?
The typical home in New Port Richey goes under contract in about 45 days, per current MLS data.
How many homes are for sale in New Port Richey?
There are approximately 426 active listings in New Port Richey as of September 15, 2026.
Are home prices in New Port Richey rising or falling?
Median sale prices are up 1.8% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across New Port Richey. Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: September 15, 2026 at 7:33 PM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.