Waters Edge in New Port Richey

Waters Edge
Homes for Sale in New Port Richey, FL

Community in New Port Richey · Pasco County · ZIP 34654
429 homesBuilt 2005–2014Median sale $495K
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Live Market Pulse
67/100
Market Heat
Hotter than normal
2015 → 2026 · 70 at the 2022 peak
0 is Waters Edge's coldest market since 2015, 100 its hottest. Today: 67. How it's scored
Built fromLive Stellar MLS data17 years of closingsFL DOR public recordsUpdated twice daily

As of September 2026, Waters Edge 02 in New Port Richey, FL has 2 homes for sale. Over the 12 months ending 2026-08-02, 8 recorded sales closed at a median of $495,450, $182 per square foot, a median 27 days on market, sellers accepting 96% of original asking (+15% versus the prior year). Homes listed or recently sold were built 2005 - 2009; 12 of 12 report an HOA (median $164/mo); 8 of the 12 geocoded homes sit in a FEMA special flood hazard zone (median elevation 35 ft). At the median price and Pasco County's FY2025-26 rate of 16.15 mills, annual property tax runs about $8,000 ($7,350 with the full homestead exemption).

Live · Waters Edge Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$495K
Median sold · 12 mo
up 15.3% vs the prior 12 months
+15.3%
1-yr price change
n = 8 and 4 sales in the two windows
$182/sf
Sold $/sqft · 12 mo
peak $216 in 2023
95.6%
Sale vs ask
Tempo
2.4mo
Supply
3 to 6 months is the balanced band
27days
Median DOM · closed
4 days at the 2021 low
0%
Under contract
Pasco: 24% (1,350 of 5,734)
2 · 0
For sale · pending
live counts, refreshed twice daily
8
Sold · last 12 mo
10-yr average: about 6 a year
Ownership and context
82%
Owner-occupied · Waters Edge
353 of 429 parcels homesteaded (FL DOR 2025)
18%
Non-owner-occupied · Waters Edge
incl. 10% trust or LLC-held · 8% out-of-state
43%
Cash buyers · Waters Edge
3 of 7 sales, 12 mo ending June 2026
429
Homes in the community
429 residential parcels (FL DOR 2025)
Track record · 17 years of records
Est. 2005
Community established
homes built 2005-2014, median 2006 (FL DOR 2025)
0
Failed listings · 2025
peaked at 30 in 2021
2,733sqft
Median sold home size
12-mo windows, closed sales
1.9%/yr
Turnover rate
about 8 of 429 homes trade a year

Homes For Sale Right Now in Waters Edge

Live MLS inventory for Waters Edge. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Waters Edge listings as of 2026-09-13, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2009 through 2026. Tap any home to ask about it.

Waters Edge Housing Pulse · Momentum Research · as of August 2, 2026

Waters Edge right now

🔴 Seller-leaning market. 2.4 months of supply and 0% of the inventory already under contract give sellers the pressure advantage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of August 2, 2026. Confidence: Medium (2 active and pending listings, 8 closed sales in 12 months).

🟢 Still climbing. The trailing-12-month median ($495K) is up 15.3% from the prior 12 months ($430K). With about 6 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 August 2. Confidence: Low (8 and 4 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 14, 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

Waters Edge market snapshot (as of August 2, 2026): the median sale price is about $495K ($182 per sq ft over the trailing 12 months of closed sales), a median 27 days on market for closed sales, and 2.4 months of supply, a seller-leaning market. The trailing-12-month median is up 15% from the prior 12 months, computed from record-level Stellar MLS closed sales (8 closings in the current window).

Flood zones in WATERS EDGE: of 12 listing addresses checked against the FEMA National Flood Hazard Layer, 33% sit outside the FEMA Special Flood Hazard Area (Zone X); 67% are in an A-series high-risk zone where flood insurance is required with a federally backed mortgage. Individual parcels vary - verify any specific address at msc.fema.gov. See flood zones by neighborhood in New Port Richey.

In ZIP 34654 (NEW PORT RICHEY), 603 homes closed in the last 12 months at a median of $240K ($195/sq ft), down 1.9% year over year, with a median 39 days on market. Right now 79 active and 15 pending listings put supply at about 7.1 months - a balanced market. See the live ZIP 34654 housing market and the Pasco County market.

Waters Edge is a community of 429 homes in New Port Richey, Pasco County, built between 2005 and 2014 (median 2006), with a median living area of about 2,796 square feet. 82% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 18 sales each (8 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 2009 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$300K$400K$500K20122014201620182020202220242026
Up 15.3% year over year.
Every sale since 2009 · price vs size
$0$250K$500K$750K2k3k4k
82 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$20020122014201620182020202220242026
Up from $89 in 2012 to a $216 peak in 2023; $182 now.
Median days on market · closed sales
05010015020122014201620182020202220242026
4 days at the 2021 low; 27 now.
Sale price vs original ask · median
90%95%100%105%20122014201620182020202220242026
95.6% now.
Homes sold per 12-mo window
05101520122014201620182020202220242026
0 to 18 a year; 8 in the current window.
Sellers who gave up · failed listings per year
0102030200820102012201420162018202020242025
Canceled, expired, or withdrawn. 30 quit in 2021; 0 so far in 2025. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning20162018202220242026
70 at the 2022 peak, 32 in the troughs, 67 now. Same score as the hero card, full history.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Pasco County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,030/mo
Pasco County typical true cost to own
$138/mo
Pasco County typical home insurance
Has a CDD
Bond assessment on top of taxes

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

Waters Edge Market Scorecard

Balanced

Waters Edge is currently a balanced market. About 4.0 months of supply, a median asking price of $650,000, and homes go under contract in about 55 days.

4.0
Months supply
$650,000
Median list
$440,000
Median sold
$180
Per sqft
55
Days on mkt
3/0/9
Active/Pend/Sold

Typical home value in the 34654 ZIP is $315,841, right around the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in WATERS EDGE 02, NEW PORT RICHEY

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 15 listings
Distress share trend - 0.0% now (2026-08-10 → 2026-09-11)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period September 2026 through September 2026. Deemed reliable but not guaranteed.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

Schools

In short
  • Pasco County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Cypress Elementary-PO · Elementary
  • River Ridge Middle-PO · Middle
  • River Ridge High-PO · High

Zoned schools reflect the assignments reported on recent Waters Edge listings and can change; always confirm with Pasco County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Waters Edge address.

Recent Developments in Waters Edge 02

Development, infrastructure, retail, and school activity affecting Waters Edge 02, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

Dev Momentum60/100 · Active
  1. July 2026
    Development

    Pomelo Square mixed-use community advances in Wesley Chapel

    Ryan Cos. and PulteGroup are advancing Pomelo Square, a mixed use development at the northeast corner of Old Pasco Road and Overpass Road in Wesley Chapel. Plans call for 415 residential units made up of 325 apartments and 90 townhomes, about 42,000 square feet of retail, and a hotel pad. Completion is targeted for the first quarter of 2028.

    What it may mean for the marketAdds a mixed use community of apartments and townhomes with retail space and a hotel pad, expanding housing and commercial supply in a growing Pasco County corridor. The project is about 18 miles east of Waters Edge 02, elsewhere in Pasco County.

    Source: Florida YIMBY
  2. April 2026
    Development

    New mixed-use development planned on State Road 52 in central Pasco

    A mixed-use development planned on State Road 52 in central Pasco County, next to Pilot Country Airport, would add 108 single-family homes, about 175,000 square feet of commercial and retail space, and a 120-room hotel, with completion expected around 2030.

    What it may mean for the marketA new mixed-use community adds housing, retail, and lodging along the State Road 52 corridor in central Pasco, the kind of growth that can shape demand and pricing for nearby communities. The site is about 10 miles east of Waters Edge 02.

    Source: Tampa Bay Times
  3. January 2026
    Development

    Moffitt Cancer Center opens flagship outpatient center at its new Speros FL campus in Pasco

    Moffitt Cancer Center held the grand opening of its flagship outpatient cancer center in January 2026 at Speros FL, its large new campus on State Road 52 in Pasco County. The campus is planned as a long-term life sciences and medical hub expected to bring substantial employment to the area.

    What it may mean for the marketA large new medical and life sciences campus is a long-term employment anchor for central Pasco, a structural demand driver for housing in the surrounding area. The site is about 6 miles east of Waters Edge 02.

    Source: WUSF
  4. January 2026
    Development

    Flagship breaks ground on 46,000-square-foot Wiregrass Ranch Medical Pavilion in Wesley Chapel

    Flagship Healthcare Properties broke ground in January 2026 on a 46,000-square-foot medical pavilion at Wiregrass Ranch in Wesley Chapel, adding outpatient medical space to the growing State Road 56 corridor.

    What it may mean for the marketAdded outpatient medical space along the State Road 56 corridor deepens healthcare access and professional employment in Wesley Chapel, an amenity factor that can support nearby housing demand. The project is about 18 miles east of Waters Edge 02, elsewhere in Pasco County.

    Source: HCO News

Development alerts for Waters Edge 02Get a short monthly email when something new is approved, funded, or opens near Waters Edge 02.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Waters Edge 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

Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.

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 Waters Edge.

A closer look at the Waters Edge market

At a median of $182 per square foot, Waters Edge prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

Inventory runs at 2.4 months of supply, a seller-leaning market and the trailing-12-month median up 15% year over year. Homes that do trade take a median 27 days on market, useful leverage on any listing that has lingered.

The housing stock is 429 homes built between 2005 and 2014, and 82% 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 Waters Edge. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
8.2B+ · Buy Score
Recent Direction9.8/10
Liquidity & Demand7.6/10
Owner Commitment8.2/10
Pricing Power7.1/10

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 4 factors (8.2). Basis: Recent Direction +15.3% year-over-year; Liquidity & Demand 2.4 months of supply; Owner Commitment 82% owner-occupied; Pricing Power 95.6% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

In short
  • HOA dues reported around $164/month (about $1,968/yr) · median of 24 MLS listings, most billed quarterly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $164 per month ($1,968 a year) - the median AssociationFee across 24 MLS records, normalised to a monthly figure; most are billed quarterly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

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 Waters Edge sales matched to your home.

What is your Waters Edge home worth?

Get a no-obligation home value based on real comparable sales in Waters Edge, 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 Waters Edge?
The median sale price in Waters Edge was $495K over the 12 months ending August 2, 2026 (8 closed sales, Stellar MLS).
How long do homes in Waters Edge take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 27 days on market (8 sales, Stellar MLS).
Is Waters Edge a buyer's or seller's market right now?
As of August 2, 2026, Waters Edge leans toward sellers: 2.4 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in Waters Edge?
The Florida DOR 2025 assessment roll shows 429 homes in Waters Edge (public records).
What share of Waters Edge is owner-occupied?
82% of Waters Edge parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Waters Edge built?
Homes in Waters Edge were built between 2005 and 2014, with a median year built of 2006 (FL DOR 2025 roll).
Do cash buyers compete in Waters Edge?
Cash buyers took 43% of Waters Edge sales in the 12 months ending June 2026 (3 of 7 closings, Stellar MLS).
Who is the best real estate agent for Waters Edge?
The best agent for Waters Edge 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 Waters Edge.
How do I find a top New Port Richey real estate agent who knows Waters Edge?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Waters Edge and the wider New Port Richey area.
Can Momentum Realty connect me with an agent for Waters Edge?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Waters Edge purchase or sale - no call center and no pressure.

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: September 13, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (9 streets, ZIP 34654))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2009 (82 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 local comps.

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CallFree valuation →
Thinking of selling in WATERS EDGE 02? 8 recorded closings; median 27 days on market (window ending 2026-08-02). See the Pasco County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

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