Tanglewood Terrace Unit 2
Homes for Sale in New Port Richey, FL

Community in New Port Richey · Pasco County
900 homesBuilt 1928–2022Median sale $280K
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Live Market Pulse
50/100
Market Heat
Near its long-run normal
2013 → 2026 · 74 at the 2022 peak
0 is Tanglewood Terrace Unit 2's coldest market since 2013, 100 its hottest. Today: 50. How it's scored
Built fromLive Stellar MLS data22 years of closingsFL DOR public recordsUpdated twice daily
Live · Tanglewood Terrace Unit 2 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$280K
Median sold · 12 mo
up 8.1% vs the prior 12 months
+8.1%
1-yr price change
n = 28 and 35 sales in the two windows
$213/sf
Sold $/sqft · 12 mo
peak $217 in 2024
97.4%
Sale vs ask
Pasco median: 95.5%
Tempo
31days
Median DOM · closed
4 days at the 2021 low
28
Sold · last 12 mo
10-yr average: about 21 a year
Ownership and context
58%
Owner-occupied · Tanglewood Terrace Unit 2
530 of 907 parcels homesteaded (FL DOR 2025)
42%
Non-owner-occupied · Tanglewood Terrace Unit 2
incl. 15% trust or LLC-held · 10% out-of-state
23%
Cash buyers · Tanglewood Terrace Unit 2
7 of 31 sales, 12 mo ending June 2026
900
Homes in the community
plus 7 vacant residential lots · 907 residential parcels (FL DOR 2025)
Track record · 22 years of records
Est. 1928
Community established
homes built 1928-2022, median 1974 (FL DOR 2025)
10
Failed listings · 2026
peaked at 28 in 2021
1,310sqft
Median sold home size
12-mo windows, closed sales
3.1%/yr
Turnover rate
about 28 of 900 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by condition and vintage, not a formula. With a median build year of 1974 and a range that stretches from 1928 all the way to 2022, no two homes are telling the same story — a renovated older cottage and a dated mid-century block house can carry very different numbers on the same street. The median living area sits around 1,509 square feet, so this is a market of modest, manageable footprints rather than sprawl.

The homestead share just above half tells you this is a genuine mix of long-term owners and non-owner-occupied stock. For a buyer, that means inventory quality is uneven and worth walking in person. For a seller, it means your comp is only as good as its finish level — a well-updated home stands apart quickly when the surrounding stock spans nearly a century of build dates.

Tanglewood Terrace Unit 2 Housing Pulse · Momentum Research · as of July 15, 2026

Tanglewood Terrace Unit 2 right now

🟢 Still climbing. The trailing-12-month median ($280K) is up 8.1% from the prior 12 months ($259K). With about 21 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: High (28 and 35 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

Tanglewood Terrace Unit 2 market snapshot (as of July 15, 2026): the median sale price is about $280K ($213 per sq ft over the trailing 12 months of closed sales), and a median 31 days on market for closed sales. The trailing-12-month median is up 8% from the prior 12 months, computed from record-level Stellar MLS closed sales (28 closings in the current window).

Tanglewood Terrace Unit 2 is a community of 900 homes in New Port Richey, Pasco County, built between 1928 and 2022 (median 1974.0), with a median living area of about 1,512 square feet. 58% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Tanglewood Terrace Unit 2 is a small, established New Port Richey pocket of roughly 349 homes on compact floorplans, where age and renovation status — not lot size or new construction — do most of the work in setting value.

Best for

  • Buyers seeking a smaller single-story footprint who value manageable size over square footage
  • Renovation-minded buyers willing to trade dated finishes for a lower condition-driven entry point
  • Owner-occupants who plan to stay and want an established, non-cookie-cutter neighborhood

Probably not for

  • Buyers who require new or near-new construction to a single consistent standard
  • Anyone wanting large move-up square footage well above the ~1,509 sqft median
  • Hands-off buyers unwilling to underwrite condition and systems on older stock

Windows contain 0 to 45 sales each (28 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$200K$300K20122014201620182020202220242026
Up 8.1% year over year.
Every sale since 2004 · price vs size
$0$200K$400K1k2k2k
288 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 $37 in 2012 to a $217 peak in 2024; $213 now.
Median days on market · closed sales
020406020122014201620182020202220242026
4 days at the 2021 low; 31 now.
Sale price vs original ask · median
90%95%100%20122014201620182020202220242026
97.4% now vs Pasco 95.5%.
Homes sold per 12-mo window
0204020122014201620182020202220242026
0 to 45 a year; 28 in the current window.
Sellers who gave up · failed listings per year
01020302004200820122016202020242026
Canceled, expired, or withdrawn. 28 quit in 2021; 10 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201420162018202220242026
74 at the 2022 peak, 26 in the troughs, 50 now. Same score as the hero card, full history.

If we were buying in Tanglewood Terrace Unit 2 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 Tanglewood Terrace Unit 2.

Best Buy
Buyers who want a compact, established New Port Richey home and are comfortable judging condition on a case-by-case basis.
Biggest Risk
The century-wide build spread makes systems and finish quality uneven, so due diligence is non-negotiable.
Sweet Spot
An updated home near the ~1,509 sqft median that shows well against dated surrounding stock.
Avoid If
You want uniform, new construction or large square footage under one predictable standard.

A wide vintage spread on modest footprints

The defining trait of this community is its age range. Homes date from 1928 through 2022, with the middle of the pack landing in 1974. That spread matters: it means you will find original-era construction, decades of piecemeal updates, and the occasional newer build all inside the same 349-home area. Systems, roofs, and layouts vary accordingly, so inspection findings carry real weight in negotiation.

Living areas center near 1,509 square feet, which keeps this squarely in the smaller, single-story-friendly category rather than move-up sizing. Pair that with a homestead share near 53 percent and you get a community that is neither fully owner-occupied nor investor-dominated. The practical read is that pricing is condition-led — the cleanest, most updated homes command attention, while dated inventory trades on its bones and location.

The location and the amenities are priced into every listing in Tanglewood Terrace Unit 2. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
7.4B · Buy Score
Recent Direction8.0/10
Owner Commitment5.8/10
Pricing Power8.3/10

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 (7.4). Basis: Recent Direction +8.1% year-over-year; Owner Commitment 58% owner-occupied; Pricing Power 97.4% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a community where build dates span nearly a century and finish levels are all over the map, the comp that matters is the one that actually matches your home's condition and vintage. We price to that reality instead of blending unlike properties, and on the buy side we help you read what a 1974-median market is really offering behind the listing photos.

Tanglewood Terrace Unit 2 in 15 seconds.

Best forBuyers who want a compact, established New Port Richey home and are comfortable judging condition on a case-by-case basis.
Biggest advantageA wide vintage range means real choice — from older character homes to newer builds inside one small area.
Biggest riskThe century-wide build spread makes systems and finish quality uneven, so due diligence is non-negotiable.
Sweet spotAn updated home near the ~1,509 sqft median that shows well against dated surrounding stock.
Avoid ifYou want uniform, new construction or large square footage under one predictable standard.

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 Tanglewood Terrace Unit 2 sales matched to your home.

What is your Tanglewood Terrace Unit 2 home worth?

Get a no-obligation home value based on real comparable sales in Tanglewood Terrace Unit 2, 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 Tanglewood Terrace Unit 2?
The median sale price in Tanglewood Terrace Unit 2 was $280K over the 12 months ending July 15, 2026 (28 closed sales, Stellar MLS).
How long do homes in Tanglewood Terrace Unit 2 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 31 days on market (28 sales, Stellar MLS).
How many homes are in Tanglewood Terrace Unit 2?
The Florida DOR 2025 assessment roll shows 900 homes plus 7 vacant residential lots in Tanglewood Terrace Unit 2 (public records).
What share of Tanglewood Terrace Unit 2 is owner-occupied?
58% of Tanglewood Terrace Unit 2 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Tanglewood Terrace Unit 2 built?
Homes in Tanglewood Terrace Unit 2 were built between 1928 and 2022, with a median year built of 1974.0 (FL DOR 2025 roll).
Do cash buyers compete in Tanglewood Terrace Unit 2?
Cash buyers took 23% of Tanglewood Terrace Unit 2 sales in the 12 months ending June 2026 (7 of 31 closings, Stellar MLS).
Who is the best real estate agent for Tanglewood Terrace Unit 2?
The best agent for Tanglewood Terrace Unit 2 is one who actively works New 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 Tanglewood Terrace Unit 2.
How do I find a top New Port Richey real estate agent who knows Tanglewood Terrace Unit 2?
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 Tanglewood Terrace Unit 2 and the wider New Port Richey area.
Can Momentum Realty connect me with an agent for Tanglewood Terrace Unit 2?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Tanglewood Terrace Unit 2 purchase or sale - no call center and no pressure.
Buyers seeking a smaller single-story footprint who value manageable size over square footageExcellent fit
Renovation-minded buyers willing to trade dated finishes for a lower condition-driven entry pointExcellent fit
Owner-occupants who plan to stay and want an established, non-cookie-cutter neighborhoodExcellent fit
Buyers who require new or near-new construction to a single consistent standardProbably not
Anyone wanting large move-up square footage well above the ~1,509 sqft medianProbably not
Hands-off buyers unwilling to underwrite condition and systems on older stockProbably 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 (32 streets, ZIP 34652/34653/34654/34690))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2004 (288 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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