Jasmine Lakes Sub
Homes for Sale in Port Richey, FL

Community in Port Richey · Pasco County
390 homesBuilt 1960–2021Median sale $260K
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Built fromLive Stellar MLS data14 years of closingsFL DOR public recordsUpdated twice daily
Live · Jasmine Lakes Sub Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$260K
Median sold · 12 mo
$172/sf
Sold $/sqft · 12 mo
peak $182 in 2022
100.0%
Sale vs ask
Pasco median: 95.5%
Tempo
9days
Median DOM · closed
5 days at the 2022 low
3
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
56%
Owner-occupied · Jasmine Lakes Sub
217 of 391 parcels homesteaded (FL DOR 2025)
44%
Non-owner-occupied · Jasmine Lakes Sub
incl. 18% trust or LLC-held · 12% out-of-state
33%
Cash buyers · Jasmine Lakes Sub
1 of 3 sales, 12 mo ending June 2026
390
Homes in the community
plus 1 vacant residential lots · 391 residential parcels (FL DOR 2025)
Track record · 14 years of records
Est. 1960
Community established
homes built 1960-2021, median 1970 (FL DOR 2025)
0
Failed listings · 2024
peaked at 3 in 2019
1,373sqft
Median sold home size
12-mo windows, closed sales
0.8%/yr
Turnover rate
about 3 of 390 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Jasmine Lakes Sub is a resale market where condition and square footage do the pricing work, not scarcity. With 390 homes tracked and a median living area of 1,392 square feet, the housing stock spans construction from 1960 through 2021, and the median year built of 1970 tells you most of what's on the market is older and will price on updates, not just location.

A median of 9 days on market over the last three months of closings says demand is current and offers move fast once a home is priced correctly for its condition. At a median price of $260,000 and median price per square foot of $171.73, this is not a market where sellers can lean on unverified comps — buyers here are pricing the work a home needs into their offer, and sellers should do the same before listing.

The 60-Second Overview

Jasmine Lakes Sub market snapshot (as of July 15, 2026): the median sale price is about $260K ($172 per sq ft over the trailing 12 months of closed sales), and a median 9 days on market for closed sales.

Jasmine Lakes Sub is a community of 390 homes in Port Richey, Pasco County, built between 1960 and 2021 (median 1970.0), with a median living area of about 1,392 square feet. 56% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Jasmine Lakes Sub is an established Port Richey subdivision of 390 homes with a construction history running from 1960 to 2021, giving buyers a mix of older, unrenovated stock alongside newer builds on the same streets.

Best for

  • A buyer targeting a resale home near the $260,000 median who is ready to budget for updates on an older structure
  • A buyer prioritizing square footage and lot over community amenities, since none are identified here
  • A buyer comfortable moving quickly on offers given the short median time on market

Probably not for

  • A buyer who wants a newer-construction home as the norm rather than the exception in a stock built mostly around 1970
  • A buyer who wants a managed amenity package (pool, clubhouse, HOA-run facilities) as part of the purchase
  • A buyer unwilling to do renovation-condition diligence on an older home before writing an offer

Windows contain 0 to 6 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 %s through %s. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 6 a year; 3 in the current window.
Sellers who gave up · failed listings per year
01232006201220142016202020222024
Canceled, expired, or withdrawn. 3 quit in 2019; 0 so far in 2024. The clearest stress gauge a community has.

If we were buying in Jasmine Lakes Sub 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 Jasmine Lakes Sub.

Best Buy
Buyers who want an older Port Richey home at a value price point and are comfortable evaluating renovation condition themselves.
Biggest Risk
Wide vintage range (1960–2021) means condition due diligence matters more than in newer-build communities.
Sweet Spot
Homes near the median living area of 1,392 square feet with documented updates tend to price most defensibly.
Avoid If
You want a community with built-in amenities — none are identified in current MLS listings here.

What the numbers actually say

The median year built of 1970 against a range extending to 2021 means this is a community where two nearly identical lot sizes can carry very different price tags depending on whether the structure has been substantially updated. At $171.73 per square foot, pricing sits in a band that rewards sellers who've documented renovation work and penalizes those who haven't.

A homestead share just over half (55.5%) suggests a meaningful portion of this inventory turns over as owner-occupied resale rather than pure investment flips, which tends to support steadier, more transparent pricing conversations. No community amenities are identified in current MLS listings, so buyers should treat this as a housing-stock play — the value proposition here is the home and the lot, not a clubhouse or pool system.

The location and the amenities are priced into every listing in Jasmine Lakes Sub. 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 market this dependent on condition and vintage, we walk every comp against actual renovation history before we let a client anchor to a number. Nine-day median days-on-market means mispriced listings and underpriced opportunities both move quickly — we're built to catch either one before it's gone.

Jasmine Lakes Sub in 15 seconds.

Best forBuyers who want an older Port Richey home at a value price point and are comfortable evaluating renovation condition themselves.
Biggest advantageThe nine-day median days-on-market signals active, current buyer demand for correctly priced inventory.
Biggest riskWide vintage range (1960–2021) means condition due diligence matters more than in newer-build communities.
Sweet spotHomes near the median living area of 1,392 square feet with documented updates tend to price most defensibly.
Avoid ifYou want a community with built-in amenities — none are identified in current MLS listings here.

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 Jasmine Lakes Sub sales matched to your home.

What is your Jasmine Lakes Sub home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Jasmine Lakes Sub?
The median sale price in Jasmine Lakes Sub was $260K over the 12 months ending July 15, 2026 (3 closed sales, Stellar MLS).
How long do homes in Jasmine Lakes Sub take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 9 days on market (3 sales, Stellar MLS).
How many homes are in Jasmine Lakes Sub?
The Florida DOR 2025 assessment roll shows 390 homes plus 1 vacant residential lots in Jasmine Lakes Sub (public records).
What share of Jasmine Lakes Sub is owner-occupied?
56% of Jasmine Lakes Sub parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Jasmine Lakes Sub built?
Homes in Jasmine Lakes Sub were built between 1960 and 2021, with a median year built of 1970.0 (FL DOR 2025 roll).
Do cash buyers compete in Jasmine Lakes Sub?
Cash buyers took 33% of Jasmine Lakes Sub sales in the 12 months ending June 2026 (1 of 3 closings, Stellar MLS).
Who is the best real estate agent for Jasmine Lakes Sub?
The best agent for Jasmine Lakes Sub is one who actively works 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 Jasmine Lakes Sub.
How do I find a top Port Richey real estate agent who knows Jasmine Lakes Sub?
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 Jasmine Lakes Sub and the wider Port Richey area.
Can Momentum Realty connect me with an agent for Jasmine Lakes Sub?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Jasmine Lakes Sub purchase or sale - no call center and no pressure.
A buyer targeting a resale home near the $260,000 median who is ready to budget for updates on an older structureExcellent fit
A buyer prioritizing square footage and lot over community amenities, since none are identified hereExcellent fit
A buyer comfortable moving quickly on offers given the short median time on marketExcellent fit
A buyer who wants a newer-construction home as the norm rather than the exception in a stock built mostly around 1970Probably not
A buyer who wants a managed amenity package (pool, clubhouse, HOA-run facilities) as part of the purchaseProbably not
A buyer unwilling to do renovation-condition diligence on an older home before writing an offerProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (9 streets, ZIP 34668))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2012 (25 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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More 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 JASMINE LAKES SUB? 2 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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