Vermillion Sub
Homes for Sale in New Port Richey, FL

Community in New Port Richey · Pasco County
54 homesBuilt 1950–2002Median sale $190K
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data19 years of closingsFL DOR public recordsUpdated twice daily
Live · Vermillion Sub Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$190K
Median sold · 12 mo
$165/sf
Sold $/sqft · 12 mo
peak $165 in 2026
89.8%
Sale vs ask
Pasco median: 95.5%
Tempo
90days
Median DOM · closed
90 days at the 2026 low
4
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
66%
Owner-occupied · Vermillion Sub
36 of 55 parcels homesteaded (FL DOR 2025)
34%
Non-owner-occupied · Vermillion Sub
incl. 13% trust or LLC-held · 6% out-of-state
50%
Cash buyers · Vermillion Sub
2 of 4 sales, 12 mo ending June 2026
54
Homes in the community
plus 1 vacant residential lots · 55 residential parcels (FL DOR 2025)
Track record · 19 years of records
Est. 1950
Community established
homes built 1950-2002, median 1967 (FL DOR 2025)
1
Failed listings · 2026
peaked at 1 in 2005
1,331sqft
Median sold home size
12-mo windows, closed sales
7.4%/yr
Turnover rate
about 4 of 54 homes trade a year

The 60-Second Overview

Vermillion Sub market snapshot (as of July 15, 2026): the median sale price is about $190K ($165 per sq ft over the trailing 12 months of closed sales), and a median 90 days on market for closed sales.

Vermillion Sub is a community of 54 homes in New Port Richey, Pasco County, built between 1950 and 2002 (median 1967.0), with a median living area of about 1,578 square feet. 66% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 4 sales each (4 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.

Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 4 a year; 4 in the current window.
Sellers who gave up · failed listings per year
00120202026
Canceled, expired, or withdrawn. 1 quit in 2005; 1 so far in 2026. The clearest stress gauge a community has.

If we were buying in Vermillion Sub 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 Vermillion Sub.

A closer look at the Vermillion Sub market

At a median of $165 per square foot, Vermillion Sub 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 housing stock is 54 homes built between 1950 and 2002, and 66% 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 Vermillion Sub. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

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 Vermillion Sub sales matched to your home.

What is your Vermillion Sub home worth?

Get a no-obligation home value based on real comparable sales in Vermillion Sub, 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 Vermillion Sub on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Vermillion Sub?
The median sale price in Vermillion Sub was $190K over the 12 months ending July 15, 2026 (4 closed sales, Stellar MLS).
How long do homes in Vermillion Sub take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 90 days on market (4 sales, Stellar MLS).
How many homes are in Vermillion Sub?
The Florida DOR 2025 assessment roll shows 54 homes plus 1 vacant residential lots in Vermillion Sub (public records).
What share of Vermillion Sub is owner-occupied?
66% of Vermillion Sub parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Vermillion Sub built?
Homes in Vermillion Sub were built between 1950 and 2002, with a median year built of 1967.0 (FL DOR 2025 roll).
Do cash buyers compete in Vermillion Sub?
Cash buyers took 50% of Vermillion Sub sales in the 12 months ending June 2026 (2 of 4 closings, Stellar MLS).
Who is the best real estate agent for Vermillion Sub?
The best agent for Vermillion Sub 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 Vermillion Sub.
How do I find a top New Port Richey real estate agent who knows Vermillion Sub?
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 Vermillion Sub and the wider New Port Richey area.
Can Momentum Realty connect me with an agent for Vermillion Sub?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Vermillion Sub 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 (3 streets, ZIP 34652))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2007 (8 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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