Vermillion Sub
Homes for Sale in New Port Richey, FL
True comps, carrying-cost math, and listings before the portals.
Vermillion Sub is a small, older pocket of New Port Richey — 54 homes total, with a median year built of 1967 and a build range stretching from 1950 to 2002. That age spread means condition, not location or amenities, is doing most of the work on price. With a median price around $190,225 and median price per square foot near $164.66, the math here comes down to what's been updated and what hasn't.
Only four closings fed this snapshot, so treat the numbers as directional rather than a tight statistical read. Median days on market of roughly 89 to 90 days suggests these homes are not moving in a hurry — sellers should price to condition from day one rather than test the market, and buyers have room to negotiate on anything that needs work.
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).
A modest, established subdivision of mid-20th-century homes in New Port Richey, Pasco County, where the median living area runs about 1,578 square feet and no community amenities are identified in current MLS listings — this is a straightforward, no-frills housing stock rather than an amenity-driven community.
Who Vermillion Sub is best for.
Best for
- Buyers with a renovation budget looking for older housing stock priced in the mid-$190s median range.
- Long-term owner-occupants comfortable with a slower-moving, low-turnover market rather than a fast resale.
- Buyers prioritizing square footage and lot basics over amenities, since none are identified in current listings.
Probably not for
- Buyers who want move-in-ready condition without factoring in a home built before 1970.
- Anyone expecting HOA-run amenities such as a pool, clubhouse, or common recreation areas.
- Investors seeking a high-turnover flip market, given the median days-on-market runs close to 90 days.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($190K) IS the median in the snapshot above.
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.
The Vermillion Sub buying strategy.
If we were buying in Vermillion Sub today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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.
Older stock, condition-driven pricing
With homes dating as far back as 1950 and a median build year of 1967, Vermillion Sub's value story is almost entirely about what's been touched since construction — roofs, systems, kitchens, and baths. There's no clubhouse, pool, or HOA-run amenity package showing up in current listings, so buyers aren't paying a premium for shared infrastructure; the price per square foot reflects the house alone.
The homestead share of about 65.5% points to a market where most owners have filed for a primary-residence exemption, which typically signals longer hold periods rather than a fast-churn rental or flip environment. Combined with a median days-on-market figure near 90, this reads as a steady, low-turnover corner of the market rather than one driven by rapid resales.
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.
Why work with Momentum here
In a small subdivision with only a handful of recent closings, pricing correctly takes local judgment, not a formula — we look at each home's age-adjusted condition against the $164.66 median price per square foot rather than leaning on a thin comp set. Whether you're buying a project or listing one that's already updated, we'll tell you where this specific home lands against that median, not where we'd like it to.
Vermillion Sub in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Vermillion Sub buy.
Free calculators to pressure-test the real cost before you tour.
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.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Vermillion Sub, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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 →
Frequently Asked Questions
What is the median home price in Vermillion Sub?
How long do homes in Vermillion Sub take to sell?
How many homes are in Vermillion Sub?
What share of Vermillion Sub is owner-occupied?
When were the homes in Vermillion Sub built?
Do cash buyers compete in Vermillion Sub?
Who is the best real estate agent for Vermillion Sub?
How do I find a top New Port Richey real estate agent who knows Vermillion Sub?
Can Momentum Realty connect me with an agent for Vermillion Sub?
Should you buy in Vermillion Sub?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 15, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (3 streets, ZIP 34652)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-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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