Richland
Homes for Sale in Zephyrhills, FL

Richland is a small, older-leaning pocket of Zephyrhills in Pasco County where the housing runs the full range from turn-of-the-century structures to brand-new builds. With about two-thirds of homes carrying a homestead exemption, this reads more as a lived-in community than a rental or flip play.

Stellar MLS sales records identify 31 homes in Richland that have changed hands since 2006, built between 1901 and 2022 (median 1995), with a median living area of about 1,248 sq ft and a typical 3-bedroom, 2-bath layout. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

County records show 12 qualified sales in Richland across 2024–2025 (6 in 2024, 6 in 2025), median $215,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Richland is too small for its own price trend, so here is the market around it.

In ZIP 33540, 107 homes are on the market and 18% are under contract — a slower corner of Zephyrhills.

Across Pasco County, 4,213 homes are active and 1,214 pending (22% under contract).

In ZIP 33540 (Zephyrhills), 579 homes closed in the last 12 months at a median of $340K ($177/sq ft), down 4.3% year over year, with a median 45 days on market. Right now 76 active and 12 pending listings put supply at about 4.1 months — a balanced market. See the live ZIP 33540 housing market and the Pasco County market.

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

The defining fact here is the age spread. When your inventory stretches from 1901 to 2024, the median price tells you almost nothing about any single home — a renovated older house, an original one needing work, and a new build all live under the same $160,000 median. That makes inspection and condition the whole ballgame. You are buying a specific house, not a market average, and the per-square-foot figure of roughly $114 should be read against what that particular home actually needs.

The sample is thin — 184 homes with a short three-closing window behind the current read — so treat the trend as directional rather than precise. The steep year-over-year drop is real signal that pricing has softened, but in a market this size a couple of unusual sales can move the median. That is exactly why you want someone pulling the individual comps rather than leaning on the headline number.

In a small, mixed-age market like Richland, the headline stats mislead more than they help. We underwrite the actual house — its vintage, its condition, and the handful of genuinely comparable sales — instead of the community median. With inventory turning in under three weeks and prices off year over year, we help sellers price to reality and buyers move decisively on the homes worth moving on.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.