Palm Terrace Estates Port Richey in PORT RICHEY

Palm Terrace Estates Port Richey
Homes for Sale in PORT RICHEY, FL

Community in PORT RICHEY · Pasco County
178 homesBuilt 1966–1975Median sale $250K
Free · No obligation
Talk to a Palm Terrace Estates Port Richey Expert

True comps, carrying-cost math, and listings before the portals.

Live Market Pulse
56/100
Market Heat
Near its long-run normal
2013 → 2026 · 76 at the 2022 peak
0 is Palm Terrace Estates Port Richey's coldest market since 2013, 100 its hottest. Today: 56. How it's scored
Built fromLive Stellar MLS data22 years of closingsFL DOR public recordsUpdated twice daily
Live · Palm Terrace Estates Port Richey Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$250K
Median sold · 12 mo
up 13.6% vs the prior 12 months
+13.6%
1-yr price change
n = 10 and 13 sales in the two windows
$196/sf
Sold $/sqft · 12 mo
peak $207 in 2025
97.3%
Sale vs ask
Pasco median: 95.5%
Tempo
2.8mo
Supply
3 to 6 months is the balanced band
13days
Median DOM · closed
3 days at the 2018 low
25%
Under contract
Pasco: 23% (1,258 of 5,565)
3 · 1
For sale · pending
live counts, refreshed twice daily
10
Sold · last 12 mo
10-yr average: about 9 a year
Ownership and context
49%
Owner-occupied · Palm Terrace Estates Port Richey
88 of 178 parcels homesteaded (FL DOR 2025)
51%
Non-owner-occupied · Palm Terrace Estates Port Richey
incl. 18% trust or LLC-held · 15% out-of-state
17%
Cash buyers · Palm Terrace Estates Port Richey
2 of 12 sales, 12 mo ending June 2026
178
Homes in the community
178 residential parcels (FL DOR 2025)
Track record · 22 years of records
Est. 1966
Community established
homes built 1966-1975, median 1969 (FL DOR 2025)
3
Failed listings · 2026
peaked at 57 in 2021
1,302sqft
Median sold home size
12-mo windows, closed sales
5.6%/yr
Turnover rate
about 10 of 178 homes trade a year
Palm Terrace Estates Port Richey Housing Pulse · Momentum Research · as of July 15, 2026

Palm Terrace Estates Port Richey right now

🔴 Seller-leaning market. 2.8 months of supply and 25% of the inventory already under contract give sellers the pressure advantage.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 July 15, 2026. Confidence: Medium (4 active and pending listings, 10 closed sales in 12 months).

🟢 Still climbing. The trailing-12-month median ($250K) is up 13.6% from the prior 12 months ($220K). With about a dozen 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 July 15. Confidence: Medium (10 and 13 sales in the two windows).

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

Updated July 15, 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

Palm Terrace Estates Port Richey market snapshot (as of July 15, 2026): the median sale price is about $250K ($196 per sq ft over the trailing 12 months of closed sales), a median 13 days on market for closed sales, and 2.8 months of supply, a seller-leaning market. The trailing-12-month median is up 14% from the prior 12 months, computed from record-level Stellar MLS closed sales (10 closings in the current window).

Palm Terrace Estates Port Richey is a community of 178 homes in PORT RICHEY, Pasco County, built between 1966 and 1975 (median 1969), with a median living area of about 1,343 square feet. 49% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 22 sales each (10 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.

Median sale price · trailing 12 mo
$100K$200K20122014201620182020202220242026
Up 13.6% year over year.
Every sale since 2004 · price vs size
$0$100K$200K$300K1k2k2k
125 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$20020122014201620182020202220242026
Up from $41 in 2012 to a $207 peak in 2025; $196 now.
Median days on market · closed sales
05010020122014201620182020202220242026
3 days at the 2018 low; 13 now.
Sale price vs original ask · median
90%95%100%20122014201620182020202220242026
97.3% now vs Pasco 95.5%.
Homes sold per 12-mo window
0102020122014201620182020202220242026
0 to 22 a year; 10 in the current window.
Sellers who gave up · failed listings per year
02040602004200820122016202020242026
Canceled, expired, or withdrawn. 57 quit in 2021; 3 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201420162018202220242026
76 at the 2022 peak, 19 in the troughs, 56 now. Same score as the hero card, full history.

Palm Terrace Estates Market Scorecard

Strong seller's market

Palm Terrace Estates is currently a strong seller's market. About 1.3 months of supply, a median asking price of $249,900, and homes go under contract in about 27 days.

1.3
Months supply
$249,900
Median list
$250,000
Median sold
$221
Per sqft
27
Days on mkt
2/1/18
Active/Pend/Sold

Typical home value in the 34668 ZIP is $229,209, 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.

Homes For Sale Right Now in Palm Terrace Estates Port Richey

Live MLS inventory for Palm Terrace Estates Port Richey. 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 Palm Terrace Estates Port Richey listings as of 2026-07-16, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Tap any home to ask about it.

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

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 Palm Terrace Estates Port Richey 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 Palm Terrace Estates Port Richey address.

If we were buying in Palm Terrace Estates Port Richey 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

Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.

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 Palm Terrace Estates Port Richey.

A closer look at the Palm Terrace Estates Port Richey market

At a median of $196 per square foot, Palm Terrace Estates Port Richey 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 2.8 months of supply, a seller-leaning market and the trailing-12-month median up 14% year over year. Homes that do trade take a median 13 days on market, useful leverage on any listing that has lingered.

The housing stock is 178 homes built between 1966 and 1975, and 49% 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 Palm Terrace Estates Port Richey. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
7.4B · Buy Score
Recent Direction9.4/10
Liquidity & Demand7.2/10
Owner Commitment4.9/10
Pricing Power8.2/10

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 4 factors (7.4). Basis: Recent Direction +13.6% year-over-year; Liquidity & Demand 2.8 months of supply; Owner Commitment 49% owner-occupied; Pricing Power 97.3% 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 Palm Terrace Estates Port Richey sales matched to your home.

What is your Palm Terrace Estates Port Richey home worth?

Get a no-obligation home value based on real comparable sales in Palm Terrace Estates Port Richey, 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 Palm Terrace Estates Port Richey on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Palm Terrace Estates Port Richey?
The median sale price in Palm Terrace Estates Port Richey was $250K over the 12 months ending July 15, 2026 (10 closed sales, Stellar MLS).
How long do homes in Palm Terrace Estates Port Richey take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 13 days on market (10 sales, Stellar MLS).
Is Palm Terrace Estates Port Richey a buyer's or seller's market right now?
As of July 15, 2026, Palm Terrace Estates Port Richey leans toward sellers: 2.8 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in Palm Terrace Estates Port Richey?
The Florida DOR 2025 assessment roll shows 178 homes in Palm Terrace Estates Port Richey (public records).
What share of Palm Terrace Estates Port Richey is owner-occupied?
49% of Palm Terrace Estates Port Richey parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Palm Terrace Estates Port Richey built?
Homes in Palm Terrace Estates Port Richey were built between 1966 and 1975, with a median year built of 1969 (FL DOR 2025 roll).
Do cash buyers compete in Palm Terrace Estates Port Richey?
Cash buyers took 17% of Palm Terrace Estates Port Richey sales in the 12 months ending June 2026 (2 of 12 closings, Stellar MLS).
What schools serve Palm Terrace Estates Port Richey?
Palm Terrace Estates Port Richey 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 Palm Terrace Estates Port Richey?
The best agent for Palm Terrace Estates Port Richey 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 Palm Terrace Estates Port Richey.
How do I find a top PORT RICHEY real estate agent who knows Palm Terrace Estates Port Richey?
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 Palm Terrace Estates Port Richey and the wider PORT RICHEY area.
Can Momentum Realty connect me with an agent for Palm Terrace Estates Port Richey?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Palm Terrace Estates Port Richey purchase or sale - no call center and no pressure.

Nearby Communities

Explore more neighborhoods near Palm Terrace Estates Port Richey with Momentum Realty’s local guides.

Driftwood Village Port RicheyPORT RICHEY, FL · 0.4 miRadcliffe Estates Port RicheyPORT RICHEY, FL · 0.6 miGulf HighlandsPORT RICHEY, FL · 0.8 miWest Port SubPORT RICHEY, FL · 0.8 miJasmine LakesPORT RICHEY, FL · 1.1 miSenate Manor Port RicheyPORT RICHEY, FL · 1.2 miJasmine HillsPORT RICHEY, FL · 1.4 miExecutive Woods Port RicheyPORT RICHEY, FL · 1.5 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: July 16, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesStellar MLS records, as of 2026-07-12
Schools2025-26 district assignments + FLDOE school grades; verify with the district
Historical depthClosed-sale records back to 2004 (125 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?

You just read the data. Now see what your home is worth.

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.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

By submitting, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call, email, and text you about your inquiry, which may involve automated means and prerecorded or artificial voices. You do not need to consent as a condition of buying any property, goods, or services. To opt out, reply STOP at any time or reply HELP for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. See our Privacy Policy and SMS Terms.or call (904) 351-6461
CallFree valuation →
Talk to a Local Palm Terrace Estates Port Richey Expert
Call Get Listings