Jasmin Terrace
Homes for Sale in New Port Richey, FL

Community in New Port Richey · Pasco County
143 homesBuilt 1928–2021
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Built fromLive Stellar MLS data16 years of closingsFL DOR public recordsUpdated twice daily
Live · Jasmin Terrace 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
59%
Owner-occupied · Jasmin Terrace
88 of 150 parcels homesteaded (FL DOR 2025)
41%
Non-owner-occupied · Jasmin Terrace
incl. 20% trust or LLC-held · 9% out-of-state
33%
Cash buyers · Jasmin Terrace
1 of 3 sales, 12 mo ending June 2024
143
Homes in the community
plus 7 vacant residential lots · 150 residential parcels (FL DOR 2025)
Track record · 16 years of records
Est. 1928
Community established
homes built 1928-2021, median 1959 (FL DOR 2025)
4
Failed listings · 2026
peaked at 5 in 2024
0.7%/yr
Turnover rate
about 1 of 143 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Jasmin Terrace is an older, established pocket of New Port Richey, with a median build year of 1959 and homes stretching back as far as 1928 and up to 2021. That spread tells you most of what you need to know about pricing: this is a condition-driven market. Two homes on the same street can trade very differently depending on roof, systems, and whether the interior has been touched since the last owner. The median living area sits around 1,417 square feet, so these are modestly sized homes where every renovated square foot shows up in the price.

With a homestead share just under 60%, this is more of an owner-occupied stretch than an investor block, which tends to keep inventory turnover measured. Sellers should not assume the newest comp sets their number — a dated home will be priced to its condition, not the block. Buyers should budget for inspection findings on the older stock and treat any recently updated listing as the exception rather than the rule.

Best for

  • Buyers seeking a modestly sized home who plan to renovate over time
  • Owner-occupants who value an established, settled neighborhood over new development
  • Value hunters willing to trade age for a lower carrying footprint

Probably not for

  • Buyers who need turnkey new construction and modern layouts
  • Anyone unwilling to budget for inspection findings on pre-1960 systems
  • Investors chasing a high-turnover rental block

The market around Jasmin Terrace

Jasmin Terrace is a small community — 39 recorded sales on file, most recently in 2026 — 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).

Homes here are single family residence.

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

If we were buying in Jasmin 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 Jasmin Terrace.

Best Buy
Buyers comfortable with older homes and the work that can come with them.
Biggest Risk
Wide condition spread makes any single comp a poor guide to value.
Sweet Spot
An updated mid-century home priced to its actual condition.
Avoid If
You want new construction uniformity and predictable comps.

An older Pasco pocket where condition is the whole story

The defining feature here is vintage. A median year built of 1959, with the oldest homes dating to 1928, means original systems, older footprints, and the kind of character that comes with mid-century and pre-war construction. A handful of homes as recent as 2021 sit alongside them, which is why the price spread within this community is genuinely wide and hard to average. If you are shopping here, you are underwriting a specific house, not a template.

At roughly 1,417 square feet median, these are compact homes. That size works in the buyer's favor on carrying costs and in the seller's favor when the interior has been thoughtfully updated, because buyers reward move-in-ready condition in older stock. The just-under-60% homestead share points to a settled community rather than a churn of rentals, so well-maintained listings tend to be the ones that move.

The location and the amenities are priced into every listing in Jasmin 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

Pricing an older New Port Richey home is a condition-by-condition exercise, and that is exactly where local judgment earns its keep. We read each property against its actual peers — not the newest sale on the street — flag the roof, systems, and permitting questions that older stock raises, and set expectations honestly for both sides of the table before anyone gets attached to a number.

Jasmin Terrace in 15 seconds.

Best forBuyers comfortable with older homes and the work that can come with them.
Biggest advantageA compact, owner-occupied footprint with real variety in vintage and condition.
Biggest riskWide condition spread makes any single comp a poor guide to value.
Sweet spotAn updated mid-century home priced to its actual condition.
Avoid ifYou want new construction uniformity and predictable comps.

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 Jasmin Terrace sales matched to your home.

What is your Jasmin Terrace home worth?

Get a no-obligation home value based on real comparable sales in Jasmin 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 Jasmin Terrace?
The Florida DOR 2025 assessment roll shows 143 homes plus 7 vacant residential lots in Jasmin Terrace (public records).
What share of Jasmin Terrace is owner-occupied?
59% of Jasmin Terrace parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Jasmin Terrace built?
Homes in Jasmin Terrace were built between 1928 and 2021, with a median year built of 1959 (FL DOR 2025 roll).
Do cash buyers compete in Jasmin Terrace?
Cash buyers took 33% of Jasmin Terrace sales in the 12 months ending June 2024 (1 of 3 closings, Stellar MLS).
Who is the best real estate agent for Jasmin Terrace?
The best agent for Jasmin 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 Jasmin Terrace.
How do I find a top New Port Richey real estate agent who knows Jasmin 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 Jasmin Terrace and the wider New Port Richey area.
Can Momentum Realty connect me with an agent for Jasmin Terrace?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Jasmin Terrace purchase or sale - no call center and no pressure.
Buyers seeking a modestly sized home who plan to renovate over timeExcellent fit
Owner-occupants who value an established, settled neighborhood over new developmentExcellent fit
Value hunters willing to trade age for a lower carrying footprintExcellent fit
Buyers who need turnkey new construction and modern layoutsProbably not
Anyone unwilling to budget for inspection findings on pre-1960 systemsProbably not
Investors chasing a high-turnover rental blockProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (6 streets, ZIP 34652))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2010 (14 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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