Mill Run Ph 02
Homes for Sale in New Port Richey, FL
True comps, carrying-cost math, and listings before the portals.
Mill Run Ph 02 is a compact pocket of 81 homes built in a tight window between 1989 and 1994, with the median dwelling landing in 1991. That age band matters more than any single number here: price is driven less by square footage than by condition. A home at the median of roughly 1,897 living square feet that has been updated will sell on different terms than an identical floor plan that still wears its original systems. Expect a wide spread tied to renovation, not to size.
With a homestead share near 79%, most homes here are owner-occupied rather than turned over as rentals, which tends to mean fewer distressed or hurried listings and a steadier stream of maintained inventory. For a buyer, that argues for patience and a willingness to underwrite condition carefully. For a seller, the read is that presentation and updated systems are what separate a quick sale from a listing that sits.
Who Mill Run Ph 02 is best for.
Best for
- Buyers targeting a primary residence in an established, slower-turnover setting
- Renovation-minded buyers who can price and manage updates to older systems
- Buyers who value a consistent floor-plan vintage over square-footage variety
Probably not for
- Buyers who want newer construction or the latest layouts
- Investors seeking high rental turnover or heavy inventory to choose from
- Buyers unwilling to underwrite the cost of roof, HVAC, or system updates
The market around Mill Run Ph 02
Mill Run Ph 02 is a small community — 6 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).
Homes here are single family residence.
ZIP and county figures describe the wider market, not Mill Run Ph 02 specifically. Momentum Research analysis of MLS records.
The Mill Run Ph 02 buying strategy.
If we were buying in Mill Run Ph 02 today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Mill Run Ph 02.
Condition over square footage
Because the homes cluster so closely in age and size, the usual pricing levers flatten out. When floor plans and vintage are this uniform, the market rewards updates — roof, HVAC, kitchens, baths — far more than it rewards an extra hundred square feet. A buyer comparing two listings should read the improvement history line by line rather than leaning on price per foot.
The high homestead share also shapes how this market behaves. Owner-occupied streets typically turn over slowly and deliberately, so inventory can be thin and a well-prepared listing draws focused attention. That cuts both ways: sellers who invest in condition tend to be rewarded, while buyers may need to move decisively when a maintained home appears.
The location and the amenities are priced into every listing in Mill Run Ph 02. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community this uniform, our value is in reading condition accurately — pricing the gap between an updated home and one that needs work, and helping you negotiate on the specifics rather than on square footage. We know this Pasco submarket, we track the small run of closings honestly, and we will tell you plainly when a particular listing is priced for its updates or priced for its age.
Mill Run Ph 02 in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Mill Run Ph 02 buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Mill Run Ph 02 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Mill Run Ph 02, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Mill Run Ph 02 home worth?
Get a no-obligation home value based on real comparable sales in Mill Run Ph 02, 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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Frequently Asked Questions
How many homes are in Mill Run Ph 02?
What share of Mill Run Ph 02 is owner-occupied?
When were the homes in Mill Run Ph 02 built?
Do cash buyers compete in Mill Run Ph 02?
Who is the best real estate agent for Mill Run Ph 02?
How do I find a top New Port Richey real estate agent who knows Mill Run Ph 02?
Can Momentum Realty connect me with an agent for Mill Run Ph 02?
Should you buy in Mill Run Ph 02?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (3 streets, ZIP 34653)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2006 (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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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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