DEERWOOD AT RIVER RIDGE in NEW PORT RICHEY

DEERWOOD AT RIVER RIDGE
Homes for Sale in NEW PORT RICHEY, FL

Community in NEW PORT RICHEY · Pasco County · ZIP 34654
166 homesBuilt 1987–2003Median sale $340K
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Live Market Pulse
25/100
Market Heat
Cooler than normal
2015 → 2026 · 84 at the 2022 peak
0 is DEERWOOD AT RIVER RIDGE's coldest market since 2015, 100 its hottest. Today: 25. How it's scored
Built fromLive Stellar MLS data14 years of closingsFL DOR public recordsUpdated twice daily
Live · DEERWOOD AT RIVER RIDGE Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$340K
Median sold · 12 mo
down 1.2% vs the prior 12 months
-1.2%
1-yr price change
n = 3 and 3 sales in the two windows
$208/sf
Sold $/sqft · 12 mo
peak $235 in 2023
94.4%
Sale vs ask
Tempo
41days
Median DOM · closed
8 days at the 2022 low
0 · 0
For sale · pending
live counts, refreshed twice daily
3
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
80%
Owner-occupied · DEERWOOD AT RIVER RIDGE
133 of 166 parcels homesteaded (FL DOR 2025)
20%
Non-owner-occupied · DEERWOOD AT RIVER RIDGE
incl. 6% trust or LLC-held · 3% out-of-state
0%
Cash buyers · DEERWOOD AT RIVER RIDGE
0 of 3 sales, 12 mo ending June 2026
166
Homes in the community
166 residential parcels (FL DOR 2025)
Track record · 14 years of records
Est. 1987
Community established
homes built 1987-2003, median 1992 (FL DOR 2025)
2
Failed listings · 2026
peaked at 5 in 2008
1,660sqft
Median sold home size
12-mo windows, closed sales
1.8%/yr
Turnover rate
about 3 of 166 homes trade a year
DEERWOOD AT RIVER RIDGE Housing Pulse · Momentum Research · as of August 2, 2026

DEERWOOD AT RIVER RIDGE right now

🟡 Off the recent peak. The trailing-12-month median ($340K) is down 1.2% from the prior 12 months ($344K). With about 4 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending August 2. Confidence: Low (3 and 3 sales in the two windows).

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

Updated August 2, 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

DEERWOOD AT RIVER RIDGE market snapshot (as of August 2, 2026): the median sale price is about $340K ($208 per sq ft over the trailing 12 months of closed sales), and a median 41 days on market for closed sales. The trailing-12-month median is down 1% from the prior 12 months, computed from record-level Stellar MLS closed sales (3 closings in the current window).

DEERWOOD AT RIVER RIDGE is a community of 166 homes in NEW PORT RICHEY, Pasco County, built between 1987 and 2003 (median 1992), with a median living area of about 1,844 square feet. 80% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending August 2 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($340K) IS the median in the snapshot above, and the move from 2025 ($344K) IS the -1.2% one-year change.

Windows contain 0 to 12 sales each (3 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 2012 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$300K$400K20122014201620182020202220242026
Down 1.2% year over year.
Every sale since 2012 · price vs size
$0$200K$400K2k2k
60 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$200$25020122014201620182020202220242026
Up from $93 in 2012 to a $235 peak in 2023; $208 now.
Median days on market · closed sales
204020122014201620182020202220242026
8 days at the 2022 low; 41 now.
Sale price vs original ask · median
94%96%98%100%20122014201620182020202220242026
94.4% now.
Homes sold per 12-mo window
051020122014201620182020202220242026
0 to 12 a year; 3 in the current window.
Sellers who gave up · failed listings per year
02420082016202020242026
Canceled, expired, or withdrawn. 5 quit in 2008; 2 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2016202220242026
84 at the 2022 peak, 25 in the troughs, 25 now. Same score as the hero card, full history.
How much local inventory is already under contract

20% of homes for sale in ZIP 34654 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-01).

DEERWOOD AT RIVER RIDGE Market Scorecard

Balanced

DEERWOOD AT RIVER RIDGE is currently a balanced market..

$340,000
Median sold
0/0/0
Active/Pend/Sold

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

Live data: Stellar MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Schools

In short
  • Pasco County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Pasco County Public 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 DEERWOOD AT RIVER RIDGE 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 DEERWOOD AT RIVER RIDGE address.

Recent Developments in Deerwood At River Ridge

Development, infrastructure, retail, and school activity affecting Deerwood At River Ridge, 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 19 miles east of Deerwood At River Ridge, 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 11 miles east of Deerwood At River Ridge, 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 8 miles east of Deerwood At River Ridge.

    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 18 miles east of Deerwood At River Ridge, 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 DEERWOOD AT RIVER RIDGE 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 DEERWOOD AT RIVER RIDGE.

A closer look at the DEERWOOD AT RIVER RIDGE market

At a median of $208 per square foot, DEERWOOD AT RIVER RIDGE prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

The trailing-12-month median down 1% year over year. Homes that do trade take a median 41 days on market, useful leverage on any listing that has lingered.

The housing stock is 166 homes built between 1987 and 2003, and 80% 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 DEERWOOD AT RIVER RIDGE. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
6.7B- · Buy Score
Recent Direction5.7/10
Owner Commitment8.0/10
Pricing Power6.3/10

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 (6.7). Basis: Recent Direction -1.2% year-over-year; Owner Commitment 80% owner-occupied; Pricing Power 94.4% sale-to-list. Refreshed with each data update.

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 DEERWOOD AT RIVER RIDGE sales matched to your home.

What is your DEERWOOD AT RIVER RIDGE home worth?

Get a no-obligation home value based on real comparable sales in DEERWOOD AT RIVER RIDGE, 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 homes for sale in DEERWOOD AT RIVER RIDGE on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in DEERWOOD AT RIVER RIDGE?
The median sale price in DEERWOOD AT RIVER RIDGE was $340K over the 12 months ending August 2, 2026 (3 closed sales, Stellar MLS).
How long do homes in DEERWOOD AT RIVER RIDGE take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 41 days on market (3 sales, Stellar MLS).
How many homes are in DEERWOOD AT RIVER RIDGE?
The Florida DOR 2025 assessment roll shows 166 homes in DEERWOOD AT RIVER RIDGE (public records).
What share of DEERWOOD AT RIVER RIDGE is owner-occupied?
80% of DEERWOOD AT RIVER RIDGE parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in DEERWOOD AT RIVER RIDGE built?
Homes in DEERWOOD AT RIVER RIDGE were built between 1987 and 2003, with a median year built of 1992 (FL DOR 2025 roll).
Do cash buyers compete in DEERWOOD AT RIVER RIDGE?
Cash buyers took 0% of DEERWOOD AT RIVER RIDGE sales in the 12 months ending June 2026 (0 of 3 closings, Stellar MLS).
What schools serve DEERWOOD AT RIVER RIDGE?
DEERWOOD AT RIVER RIDGE is served by Pasco County Public Schools, typically Pasco County Public 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 DEERWOOD AT RIVER RIDGE?
The best agent for DEERWOOD AT RIVER RIDGE 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 DEERWOOD AT RIVER RIDGE.
How do I find a top NEW PORT RICHEY real estate agent who knows DEERWOOD AT RIVER RIDGE?
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 DEERWOOD AT RIVER RIDGE and the wider NEW PORT RICHEY area.
Can Momentum Realty connect me with an agent for DEERWOOD AT RIVER RIDGE?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your DEERWOOD AT RIVER RIDGE purchase or sale - no call center and no pressure.

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: June 24, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesStellar MLS records, as of 2026-08-01
Schools2025-26 district assignments + FLDOE school grades; verify with the district
Historical depthClosed-sale records back to 2012 (60 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?

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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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Thinking of selling in DEERWOOD AT RIVER RIDGE? 3 recorded closings; median 41 days on market (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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