Palm Terrace Gardens Unrec
Homes for Sale in Port Richey, FL

Community in Port Richey · Pasco County
835 homesBuilt 1945–2000Median sale $242K
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Live Market Pulse
38/100
Market Heat
Cooler than normal
2014 → 2026 · 91 at the 2022 peak
0 is Palm Terrace Gardens Unrec's coldest market since 2014, 100 its hottest. Today: 38. How it's scored
Built fromLive Stellar MLS data22 years of closingsFL DOR public recordsUpdated twice daily
Live · Palm Terrace Gardens Unrec Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$242K
Median sold · 12 mo
up 0.8% vs the prior 12 months
+0.8%
1-yr price change
n = 50 and 46 sales in the two windows
$176/sf
Sold $/sqft · 12 mo
peak $190 in 2023
96.7%
Sale vs ask
Pasco median: 95.5%
Tempo
25days
Median DOM · closed
6 days at the 2022 low
50
Sold · last 12 mo
10-yr average: about 26 a year
Ownership and context
54%
Owner-occupied · Palm Terrace Gardens Unrec
453 of 835 parcels homesteaded (FL DOR 2025)
46%
Non-owner-occupied · Palm Terrace Gardens Unrec
incl. 20% trust or LLC-held · 13% out-of-state
12%
Cash buyers · Palm Terrace Gardens Unrec
6 of 49 sales, 12 mo ending June 2026
835
Homes in the community
835 residential parcels (FL DOR 2025)
Track record · 22 years of records
Est. 1945
Community established
homes built 1945-2000, median 1977 (FL DOR 2025)
12
Failed listings · 2026
peaked at 139 in 2021
1,334sqft
Median sold home size
12-mo windows, closed sales
6.0%/yr
Turnover rate
about 50 of 835 homes trade a year
Palm Terrace Gardens Unrec Housing Pulse · Momentum Research · as of July 15, 2026

Palm Terrace Gardens Unrec right now

🟡 Still climbing. The trailing-12-month median ($242K) is up 0.8% from the prior 12 months ($240K). With about 26 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: Very High (50 and 46 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 Gardens Unrec market snapshot (as of July 15, 2026): the median sale price is about $242K ($176 per sq ft over the trailing 12 months of closed sales), and a median 25 days on market for closed sales. The trailing-12-month median is up 1% from the prior 12 months, computed from record-level Stellar MLS closed sales (50 closings in the current window).

Palm Terrace Gardens Unrec is a community of 835 homes in Port Richey, Pasco County, built between 1945 and 2000 (median 1977), with a median living area of about 1,562 square feet. 54% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 50 sales each (50 in the current window); every figure carries its sample size. 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 0.8% year over year.
Every sale since 2004 · price vs size
$0$100K$200K$300K1k2k2k
360 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$50$100$150$20020122014201620182020202220242026
Up from $40 in 2012 to a $190 peak in 2023; $176 now.
Median days on market · closed sales
020406020122014201620182020202220242026
6 days at the 2022 low; 25 now.
Sale price vs original ask · median
95%100%20122014201620182020202220242026
96.7% now vs Pasco 95.5%.
Homes sold per 12-mo window
0204020122014201620182020202220242026
0 to 50 a year; 50 in the current window.
Sellers who gave up · failed listings per year
0501001502004200820122016202020242026
Canceled, expired, or withdrawn. 139 quit in 2021; 12 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201420162018202220242026
91 at the 2022 peak, 26 in the troughs, 38 now. Same score as the hero card, full history.

If we were buying in Palm Terrace Gardens Unrec 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 Palm Terrace Gardens Unrec.

A closer look at the Palm Terrace Gardens Unrec market

At a median of $176 per square foot, Palm Terrace Gardens Unrec 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 up 1% year over year. Homes that do trade take a median 25 days on market, useful leverage on any listing that has lingered.

The housing stock is 835 homes built between 1945 and 2000, and 54% 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 Gardens Unrec. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
6.5B- · Buy Score
Recent Direction6.2/10
Owner Commitment5.4/10
Pricing Power7.8/10

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 (6.5). Basis: Recent Direction +0.8% year-over-year; Owner Commitment 54% owner-occupied; Pricing Power 96.7% 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 Gardens Unrec sales matched to your home.

What is your Palm Terrace Gardens Unrec home worth?

Get a no-obligation home value based on real comparable sales in Palm Terrace Gardens Unrec, 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

What is the median home price in Palm Terrace Gardens Unrec?
The median sale price in Palm Terrace Gardens Unrec was $242K over the 12 months ending July 15, 2026 (50 closed sales, Stellar MLS).
How long do homes in Palm Terrace Gardens Unrec take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 25 days on market (50 sales, Stellar MLS).
How many homes are in Palm Terrace Gardens Unrec?
The Florida DOR 2025 assessment roll shows 835 homes in Palm Terrace Gardens Unrec (public records).
What share of Palm Terrace Gardens Unrec is owner-occupied?
54% of Palm Terrace Gardens Unrec 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 Gardens Unrec built?
Homes in Palm Terrace Gardens Unrec were built between 1945 and 2000, with a median year built of 1977 (FL DOR 2025 roll).
Do cash buyers compete in Palm Terrace Gardens Unrec?
Cash buyers took 12% of Palm Terrace Gardens Unrec sales in the 12 months ending June 2026 (6 of 49 closings, Stellar MLS).
Who is the best real estate agent for Palm Terrace Gardens Unrec?
The best agent for Palm Terrace Gardens Unrec 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 Gardens Unrec.
How do I find a top Port Richey real estate agent who knows Palm Terrace Gardens Unrec?
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 Gardens Unrec and the wider Port Richey area.
Can Momentum Realty connect me with an agent for Palm Terrace Gardens Unrec?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Palm Terrace Gardens Unrec purchase or sale - no call center and no pressure.

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 (21 streets, ZIP 34667/34668))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2004 (360 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.

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