Crescent Forest in New Port Richey

Crescent Forest
Homes for Sale in New Port Richey, FL

Community in New Port Richey · Pasco County · ZIP 34654
40 homesBuilt 1988–2002Median sale $555K
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Built fromLive Stellar MLS data11 years of closingsFL DOR public recordsUpdated twice daily

As of September 2026, Crescent Forest in New Port Richey, FL has 2 homes for sale. Over the 12 months ending 2026-09-12, 4 recorded sales closed at a median of $555,000, $181 per square foot, a median 79 days on market, sellers accepting 94% of original asking. Homes listed or recently sold were built 1988 - 1995; 6 of 6 report an HOA (median $116/mo); none of the 6 geocoded homes sit in a FEMA special flood hazard zone (median elevation 25 ft). At the median price and Pasco County's FY2025-26 rate of 16.15 mills, annual property tax runs about $8,970 ($8,310 with the full homestead exemption).

Live · Crescent Forest Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$555K
Median sold · 12 mo
$181/sf
Sold $/sqft · 12 mo
peak $200 in 2024
94.2%
Sale vs ask
Tempo
6.0mo
Supply
3 to 6 months is the balanced band
79days
Median DOM · closed
11 days at the 2021 low
0%
Under contract
Pasco: 23% (1,285 of 5,667)
2 · 0
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
88%
Owner-occupied · Crescent Forest
36 of 41 parcels homesteaded (FL DOR 2025)
12%
Non-owner-occupied · Crescent Forest
incl. 0% trust or LLC-held · 0% out-of-state
40
Homes in the community
plus 1 vacant residential lots · 41 residential parcels (FL DOR 2025)
Track record · 11 years of records
Est. 1988
Community established
homes built 1988-2002, median 1995 (FL DOR 2025)
3,088sqft
Median sold home size
12-mo windows, closed sales
10.0%/yr
Turnover rate
about 4 of 40 homes trade a year
Crescent Forest Housing Pulse · Momentum Research · as of September 12, 2026

Crescent Forest right now

🟡 Balanced market. 6.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of September 12, 2026. Confidence: Medium (2 active and pending listings, 4 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 14, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Crescent Forest market snapshot (as of September 12, 2026): the median sale price is about $555K ($181 per sq ft over the trailing 12 months of closed sales), a median 79 days on market for closed sales, and 6.0 months of supply, a balanced market.

In ZIP 34654 (NEW PORT RICHEY), 603 homes closed in the last 12 months at a median of $240K ($195/sq ft), down 1.9% year over year, with a median 39 days on market. Right now 79 active and 15 pending listings put supply at about 7.1 months - a balanced market. See the live ZIP 34654 housing market and the Pasco County market.

Crescent Forest is a community of 40 homes in New Port Richey, Pasco County, built between 1988 and 2002 (median 1994.5), with a median living area of about 2,828 square feet. 88% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 5 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2015 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$300K$400K$500K201620182020202220242026
Every sale since 2015 · price vs size
$0$200K$400K$600K2k3k
30 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$200201620182020202220242026
Up from $104 in 2015 to a $200 peak in 2024; $181 now.
Median days on market · closed sales
050100150201620182020202220242026
11 days at the 2021 low; 79 now.
Sale price vs original ask · median
80%90%201620182020202220242026
94.2% now.
Homes sold per 12-mo window
024201620182020202220242026
0 to 5 a year; 4 in the current window.

Crescent Forest Market Scorecard

Buyer's market

Crescent Forest is currently a buyer's market. About 6.0 months of supply, a median asking price of $548,997, and homes go under contract in about 50 days.

6.0
Months supply
$548,997
Median list
$555,000
Median sold
$253
Per sqft
50
Days on mkt
2/0/4
Active/Pend/Sold

Typical home value in the 34654 ZIP is $315,841, right around the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in Crescent Forest New Port Richey, NEW PORT RICHEY

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 5 listings
Distress share trend - 0.0% now (2026-08-10 → 2026-09-12)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period September 2026 through September 2026. Deemed reliable but not guaranteed.

Homes For Sale Right Now in Crescent Forest

Live MLS inventory for Crescent Forest. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Crescent Forest listings as of 2026-09-13, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2015 through 2026. Tap any home to ask about it.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

Schools

In short
  • Pasco County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Pasco County Schools (verify by address) · Public
  • Confirm zoned elementary, middle, and high · By address
  • Magnet and choice options may apply · Choice

Zoned schools reflect the assignments reported on recent Crescent Forest listings and can change; always confirm with Pasco County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Crescent Forest address.

Recent Developments in Crescent Forest

Development, infrastructure, retail, and school activity affecting Crescent Forest, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

Dev Momentum60/100 · Active
  1. July 2026
    Development

    Pomelo Square mixed-use community advances in Wesley Chapel

    Ryan Cos. and PulteGroup are advancing Pomelo Square, a mixed use development at the northeast corner of Old Pasco Road and Overpass Road in Wesley Chapel. Plans call for 415 residential units made up of 325 apartments and 90 townhomes, about 42,000 square feet of retail, and a hotel pad. Completion is targeted for the first quarter of 2028.

    What it may mean for the marketAdds a mixed use community of apartments and townhomes with retail space and a hotel pad, expanding housing and commercial supply in a growing Pasco County corridor. The project is about 21 miles east of Crescent Forest, elsewhere in Pasco County.

    Source: Florida YIMBY
  2. April 2026
    Development

    New mixed-use development planned on State Road 52 in central Pasco

    A mixed-use development planned on State Road 52 in central Pasco County, next to Pilot Country Airport, would add 108 single-family homes, about 175,000 square feet of commercial and retail space, and a 120-room hotel, with completion expected around 2030.

    What it may mean for the marketA new mixed-use community adds housing, retail, and lodging along the State Road 52 corridor in central Pasco, the kind of growth that can shape demand and pricing for nearby communities. The project is about 13 miles east of Crescent Forest, elsewhere in Pasco County.

    Source: Tampa Bay Times
  3. January 2026
    Development

    Moffitt Cancer Center opens flagship outpatient center at its new Speros FL campus in Pasco

    Moffitt Cancer Center held the grand opening of its flagship outpatient cancer center in January 2026 at Speros FL, its large new campus on State Road 52 in Pasco County. The campus is planned as a long-term life sciences and medical hub expected to bring substantial employment to the area.

    What it may mean for the marketA large new medical and life sciences campus is a long-term employment anchor for central Pasco, a structural demand driver for housing in the surrounding area. The site is about 9 miles east of Crescent Forest.

    Source: WUSF
  4. January 2026
    Development

    Flagship breaks ground on 46,000-square-foot Wiregrass Ranch Medical Pavilion in Wesley Chapel

    Flagship Healthcare Properties broke ground in January 2026 on a 46,000-square-foot medical pavilion at Wiregrass Ranch in Wesley Chapel, adding outpatient medical space to the growing State Road 56 corridor.

    What it may mean for the marketAdded outpatient medical space along the State Road 56 corridor deepens healthcare access and professional employment in Wesley Chapel, an amenity factor that can support nearby housing demand. The project is about 20 miles east of Crescent Forest, elsewhere in Pasco County.

    Source: HCO News

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Crescent Forest 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 Crescent Forest.

A closer look at the Crescent Forest market

At a median of $181 per square foot, Crescent Forest prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

Inventory runs at 6.0 months of supply, a balanced market. Homes that do trade take a median 79 days on market, useful leverage on any listing that has lingered.

The housing stock is 40 homes built between 1988 and 2002, and 88% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

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

Jon Brooks · Founder, Momentum Realty
6.3B- · Buy Score
Liquidity & Demand4.0/10
Owner Commitment8.8/10
Pricing Power6.1/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (6.3). Basis: Liquidity & Demand 6.0 months of supply; Owner Commitment 88% owner-occupied; Pricing Power 94.2% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

In short
  • HOA dues reported around $116/month (about $1,392/yr) · median of 12 MLS listings, most billed quarterly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $116 per month ($1,392 a year) - the median AssociationFee across 12 MLS records, normalised to a monthly figure; most are billed quarterly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

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 Crescent Forest sales matched to your home.

What is your Crescent Forest home worth?

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

See all homes for sale in New Port Richey →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Crescent Forest?
The median sale price in Crescent Forest was $555K over the 12 months ending September 12, 2026 (4 closed sales, Stellar MLS).
How long do homes in Crescent Forest take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 79 days on market (4 sales, Stellar MLS).
Is Crescent Forest a buyer's or seller's market right now?
As of September 12, 2026, Crescent Forest is roughly balanced: 6.0 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in Crescent Forest?
The Florida DOR 2025 assessment roll shows 40 homes plus 1 vacant residential lots in Crescent Forest (public records).
What share of Crescent Forest is owner-occupied?
88% of Crescent Forest parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Crescent Forest built?
Homes in Crescent Forest were built between 1988 and 2002, with a median year built of 1994.5 (FL DOR 2025 roll).
What schools serve Crescent Forest?
Crescent Forest is served by Pasco County Public Schools, typically Pasco County Schools (verify by address) and Confirm zoned elementary, middle, and high. Confirm the exact zoning by address with the district.
Who is the best real estate agent for Crescent Forest?
The best agent for Crescent Forest 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 Crescent Forest.
How do I find a top New Port Richey real estate agent who knows Crescent Forest?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Crescent Forest and the wider New Port Richey area.
Can Momentum Realty connect me with an agent for Crescent Forest?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Crescent Forest purchase or sale - no call center and no pressure.

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: September 13, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending September 12, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (2 streets, ZIP 34654))
Under-contract sharesStellar MLS records, as of 2026-09-08
Schools2025-26 district assignments + FLDOE school grades; verify with the district
Historical depthClosed-sale records back to 2015 (30 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 local comps.

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Nearby Communities

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Browse all neighborhood guides →

Thinking of selling in Crescent Forest? 4 recorded closings; median 79 days on market (window ending 2026-09-12). 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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