07 SPGS HOMES
Homes for Sale in NEW PORT RICHEY, FL

Community in NEW PORT RICHEY · Pasco County · ZIP 34655
1,299 homesBuilt 1973–2000
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Built fromLive Stellar MLS data22 years of closingsFL DOR public recordsUpdated twice daily
Live · 07 SPGS HOMES Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
1
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
57%
Owner-occupied · 07 SPGS HOMES
747 of 1302 parcels homesteaded (FL DOR 2025)
43%
Non-owner-occupied · 07 SPGS HOMES
incl. 16% trust or LLC-held · 9% out-of-state
0%
Cash buyers · 07 SPGS HOMES
0 of 3 sales, 12 mo ending June 2024
1,299
Homes in the community
plus 3 vacant residential lots · 1302 residential parcels (FL DOR 2025)
Track record · 22 years of records
Est. 1973
Community established
homes built 1973-2000, median 1978 (FL DOR 2025)
0
Failed listings · 2023
peaked at 64 in 2021
0.1%/yr
Turnover rate
about 1 of 1299 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven almost entirely by condition, not location premium. This is a large pool of homes built between 1973 and 2000, with the median dwelling dating to 1978 and coming in around 1,315 square feet. In a stock this age and this size, the spread between an updated home and one that needs work is wide, and buyers should expect to underwrite the difference rather than assume comps carry across the board.

With nearly 1,300 homes in the mix and just over half owner-occupied, this is not a thin market where one listing sets the tone. Sellers should price to condition and recent finishes, not to the neighbor down the street; buyers have enough inventory turning over to be patient and disciplined about what they pay for deferred maintenance.

Best for

  • Buyers targeting the mid-market who will pay a fair premium for a home that has already been renovated
  • Value-focused buyers willing to take on a dated home and do the work themselves
  • Owner-occupants wanting a modest, established single-level footprint in New Port Richey

Probably not for

  • Buyers who need newer construction or larger living space
  • Buyers with no appetite or budget for updating an older home
  • Buyers expecting a specific short-term financial return rather than a place to live

The market around 07 SPGS HOMES

07 SPGS HOMES is a small community — 223 recorded sales on file, most recently in 2023 — too few for its own price trend. Here is the market around it.

In ZIP 34655, 297 homes are on the market and 26% are under contract — a steady corner of NEW PORT RICHEY.

Across Pasco County, 4,384 homes are active and 1,350 pending (24% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not 07 SPGS HOMES specifically. Momentum Research analysis of MLS records.

If we were buying in 07 SPGS HOMES today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in 07 SPGS HOMES.

Best Buy
Buyers who want an established, mid-sized single-level home and are comfortable evaluating an older housing stock.
Biggest Risk
Age-driven deferred maintenance — roof, systems, and windows can swing the true cost well beyond the sticker.
Sweet Spot
A genuinely updated 1970s-era home where the big-ticket items are already handled.
Avoid If
You want new construction, larger square footage, or a turnkey home with zero rehab risk.

An older, mid-sized housing stock

The build window runs 1973 to 2000, and the median year built of 1978 tells you where the weight sits: this is predominantly an earlier-era stock. At a median of about 1,315 living square feet, floor plans lean modest and single-level. That combination means the practical questions are mechanical and structural — roof, systems, windows — more than layout. The homes that command the top of the range are the ones where those items have already been addressed.

An owner-occupancy share of about 57% points to a community that is more lived-in than investor-churned, which tends to support steadier upkeep across the street. For a buyer, that is a reason to inspect closely and reward genuine renovation; for a seller, it is a reason to document the work you have done, because in a market this size condition is the story that separates your price from the median.

The location and the amenities are priced into every listing in 07 SPGS HOMES. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a community this large and this age-varied, the median price tells you almost nothing about a specific address. We read each home on its own merits — systems, updates, and deferred maintenance — and price accordingly, whether you are trying to sell into the top of the range or avoid overpaying for someone else's cosmetics.

07 SPGS HOMES in 15 seconds.

Best forBuyers who want an established, mid-sized single-level home and are comfortable evaluating an older housing stock.
Biggest advantageA deep, owner-occupied market of nearly 1,300 homes, so you are not betting on a single comp.
Biggest riskAge-driven deferred maintenance — roof, systems, and windows can swing the true cost well beyond the sticker.
Sweet spotA genuinely updated 1970s-era home where the big-ticket items are already handled.
Avoid ifYou want new construction, larger square footage, or a turnkey home with zero rehab risk.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed 07 SPGS HOMES sales matched to your home.

What is your 07 SPGS HOMES home worth?

Get a no-obligation home value based on real comparable sales in 07 SPGS HOMES, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in 07 SPGS HOMES?
The Florida DOR 2025 assessment roll shows 1,299 homes plus 3 vacant residential lots in 07 SPGS HOMES (public records).
What share of 07 SPGS HOMES is owner-occupied?
57% of 07 SPGS HOMES parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in 07 SPGS HOMES built?
Homes in 07 SPGS HOMES were built between 1973 and 2000, with a median year built of 1978 (FL DOR 2025 roll).
Do cash buyers compete in 07 SPGS HOMES?
Cash buyers took 0% of 07 SPGS HOMES sales in the 12 months ending June 2024 (0 of 3 closings, Stellar MLS).
Who is the best real estate agent for 07 SPGS HOMES?
The best agent for 07 SPGS HOMES is one who actively works NEW PORT RICHEY and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for 07 SPGS HOMES.
How do I find a top NEW PORT RICHEY real estate agent who knows 07 SPGS HOMES?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows 07 SPGS HOMES and the wider NEW PORT RICHEY area.
Can Momentum Realty connect me with an agent for 07 SPGS HOMES?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your 07 SPGS HOMES purchase or sale - no call center and no pressure.
Buyers targeting the mid-market who will pay a fair premium for a home that has already been renovatedExcellent fit
Value-focused buyers willing to take on a dated home and do the work themselvesExcellent fit
Owner-occupants wanting a modest, established single-level footprint in New Port RicheyExcellent fit
Buyers who need newer construction or larger living spaceProbably not
Buyers with no appetite or budget for updating an older homeProbably not
Buyers expecting a specific short-term financial return rather than a place to liveProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (36 streets, ZIP 34652/34655))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2004 (116 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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More New Port Richey & Tampa North / Pasco County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Tampa North / Pasco County or the full Neighborhood Finder.

Thinking of selling in 07 SPGS HOMES? 1 recorded closings (window ending 2026-08-02). See the Pasco County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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