Citrus Terrace
Homes for Sale in New Port Richey, FL

Community in New Port Richey · Pasco County
39 homesBuilt 1932–2008
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Built fromLive Stellar MLS data9 years of closingsFL DOR public recordsUpdated twice daily
Live · Citrus Terrace Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Ownership and context
36%
Owner-occupied · Citrus Terrace
16 of 44 parcels homesteaded (FL DOR 2025)
64%
Non-owner-occupied · Citrus Terrace
incl. 20% trust or LLC-held · 14% out-of-state
25%
Cash buyers · Citrus Terrace
1 of 4 sales, 12 mo ending June 2022
39
Homes in the community
plus 5 vacant residential lots · 44 residential parcels (FL DOR 2025)
Track record · 9 years of records
Est. 1932
Community established
homes built 1932-2008, median 1963 (FL DOR 2025)
0
Failed listings · 2025
peaked at 5 in 2021
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Citrus Terrace is a small, older pocket of New Port Richey — 39 homes with a median build year of 1963 and a lineup that stretches all the way back to 1932. At a median of roughly 1,130 living square feet, these are compact houses, and in a market this old and this small, price is driven less by any headline number than by condition, systems, and how much work a given house has already had done. Expect a wide spread between updated homes and ones that still need everything.

The closings window shows no recent sales activity in the snapshot, so there is no current sales cadence to read into. That cuts both ways: sellers can't lean on a stream of fresh comps, and buyers should price on the merits of the individual house rather than assume a going rate. In a 39-home community, a single transaction moves the whole picture, so both sides need to underwrite deal by deal.

Best for

  • Renovation-minded buyers who can price and manage work on an older, smaller house
  • Investors or second-home buyers seeking a modest footprint in Pasco County
  • Buyers who want a compact primary home and value a quiet, small-community setting

Probably not for

  • Buyers who need substantial living space or a large, newer build
  • Buyers who want move-in-ready certainty backed by a steady stream of recent comps
  • Buyers unwilling to budget for updates to systems in a mid-century-and-older home

The market around Citrus Terrace

Citrus Terrace is a small community — 21 recorded sales on file, most recently in 2025 — too few for its own price trend. Here is the market around it.

Across Pasco County, 4,307 homes are active and 1,258 pending (23% under contract).

The housing mix here is 88% single family residence, 6% manufactured home - post 1977, 6% manufactured home.

ZIP and county figures describe the wider market, not Citrus Terrace specifically. Momentum Research analysis of MLS records.

If we were buying in Citrus Terrace 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 Citrus Terrace.

Best Buy
Buyers who want a compact, vintage home and are comfortable evaluating condition themselves.
Biggest Risk
Thin recent sales and wide condition variance make pricing house-specific, not formulaic.
Sweet Spot
A renovated or well-maintained home bought on its own merits rather than a community average.
Avoid If
You need square footage, newer construction, or the comfort of a busy, comp-rich market.

A condition-driven vintage pocket

With a build range from 1932 to 2008 and a median year built of 1963, Citrus Terrace holds a mix of pre-war construction and later infill. That age range matters more than most stats here: roofs, plumbing, electrical, and foundations vary house to house, and two homes on the same street can trade very differently based on what's been updated. The median living area near 1,130 square feet tells you these are modest footprints — good for a focused rehab or a lock-and-leave, less so if you need room to spread out.

The homestead share sits around 36%, meaning a majority of these homes are not owner-occupied as a primary residence. In a community this small that hints at a meaningful investor and second-home presence, which can mean more rental-condition inventory and, at times, more negotiable sellers. It also means a buyer should look closely at deferred maintenance and read each listing on its own terms.

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

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

A 39-home community with no recent closings and a wide age spread is exactly where a generic valuation falls apart. We underwrite these houses one at a time — reading condition, systems, and the gap between an updated home and a project — so you're not paying renovated money for a house that still needs work, or leaving room on the table as a seller who has actually done the work.

Citrus Terrace in 15 seconds.

Best forBuyers who want a compact, vintage home and are comfortable evaluating condition themselves.
Biggest advantageA small, older enclave in New Port Richey where a well-updated house can stand out.
Biggest riskThin recent sales and wide condition variance make pricing house-specific, not formulaic.
Sweet spotA renovated or well-maintained home bought on its own merits rather than a community average.
Avoid ifYou need square footage, newer construction, or the comfort of a busy, comp-rich market.

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 Citrus Terrace sales matched to your home.

What is your Citrus Terrace home worth?

Get a no-obligation home value based on real comparable sales in Citrus Terrace, 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 Citrus Terrace?
The Florida DOR 2025 assessment roll shows 39 homes plus 5 vacant residential lots in Citrus Terrace (public records).
What share of Citrus Terrace is owner-occupied?
36% of Citrus Terrace parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Citrus Terrace built?
Homes in Citrus Terrace were built between 1932 and 2008, with a median year built of 1963 (FL DOR 2025 roll).
Do cash buyers compete in Citrus Terrace?
Cash buyers took 25% of Citrus Terrace sales in the 12 months ending June 2022 (1 of 4 closings, Stellar MLS).
Who is the best real estate agent for Citrus Terrace?
The best agent for Citrus Terrace 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 Citrus Terrace.
How do I find a top New Port Richey real estate agent who knows Citrus Terrace?
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 Citrus Terrace and the wider New Port Richey area.
Can Momentum Realty connect me with an agent for Citrus Terrace?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Citrus Terrace purchase or sale - no call center and no pressure.
Renovation-minded buyers who can price and manage work on an older, smaller houseExcellent fit
Investors or second-home buyers seeking a modest footprint in Pasco CountyExcellent fit
Buyers who want a compact primary home and value a quiet, small-community settingExcellent fit
Buyers who need substantial living space or a large, newer buildProbably not
Buyers who want move-in-ready certainty backed by a steady stream of recent compsProbably not
Buyers unwilling to budget for updates to systems in a mid-century-and-older homeProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 34652))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2017 (11 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.

Own a home here?

You just read the data. Now see what your home is worth.

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 CITRUS TERRACE? 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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