New Port Richey, FL Home Values & Market Trends

Real estate market trends reflect that there have been 2,759 transactions over the past year in New Port Richey. The median value for residential home transactions that occurred over the previous year is $293,805.31. The number of current listings in New Port Richey is 472, and the percentage of properties for sale in the city is 472.00%. New Port Richey, FL currently has 308 properties in foreclosure, 6 bank owned properties, 23 properties headed for auction, and 472 properties for sale.

New Port Richey, FL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
34652

$ 249,734

$ 208/sqft

34653

$ 285,000

$ 208/sqft

34655

$ 434,558

$ 227/sqft

34654

$ 399,450

$ 199/sqft

Housing Market Summary for New Port Richey, FL

Apr 2023March 2024Change
Median Listing Price$309.9K$268.5K-13.35%
Median Sold Price$287.5K$268.5K-6.59%
Homes For Sale30146153.16%
Homes Sold1,6831,353-19.61%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in New Port Richey, FL

New Port Richey home values range from $23,913 to $3,635,291. The median estimated value of a home in New Port Richey is $293,805.31. The median list price of a home is 299,900, and the total count of properties in the city is 47,529.

Foreclosure
There are 4 zips within New Port Richey, FL; within these zips, the median estimated home value for homes in foreclosure ranges from $1,252,347 in 34655 to the lowest value of $50,311 in 34655. Foreclosure homes account for 0.00% of properties in New Port Richey, FL with 34655 containing 111 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.59% of all residential properties in New Port Richey, FL with 34655 containing 101 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within New Port Richey, FL; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,565,565 in 34652 to the lowest home value of $50,311 in 34655.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in New Port Richey, FL ranges from the highest value of $406,534 in 34652 to the lowest value of $222,893 in 34653. Bank owned homes and properties account for 0.01% of properties in New Port Richey, FL. There are 4 zips within New Port Richey, FL; 34655 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    34652 has 8 auction properties, the highest number of properties going to auction in a single zip in the state of New Port Richey, FL. Auction homes and other auction properties account for 0.05% of all properties in New Port Richey, FL. There are 4 zips within New Port Richey, FL; of those zips, the median estimated home value for homes going to auction ranges from $1,252,347 in 34655 to the lowest value of $66,865 in 34655.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.99% of residential properties in New Port Richey, FL with 34652 containing 167 homes for sale, the highest number of listed properties in a single zip. There are 4 zips within New Port Richey, FL; homes for sale in those zips, have a range of median values from $499,000 in 34653 to the lowest value of $77,772 in 34655.
    Sold Homes
    The median value for recently sold homes ranges from $674,900 in 34653 to the lowest price of $26,553 in 34653. There are 4 zips within New Port Richey, FL. 34655 has 535 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.90% of properties in New Port Richey, FL.

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      Guide for New Port Richey, FL

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      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

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      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
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      Fix and Flip|posted 8 February 2024

      This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.